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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 379,702 $ 111,893
Restricted Cash and Cash Equivalents 4,126 129
Fixed maturities    
Held-to-maturity debt securities, at amortized cost 67,164 65,406
Available-for-sale debt securities, at fair value (amortized cost $7,139 in 2020) 0 8,057
Equity securities, at fair value (cost $2,000 in 2020) 0 2,119
Mortgage Loans on Real Estate, Commercial and Consumer, Net 2,022 2,980
Other invested assets 325 0
Total investments 69,511 78,562
Receivables (net of allowance for doubtful accounts of $1,082 and $492 at December 31, 2021 and 2020, respectively) 15,498 15,244
Prepaid expenses, deposits and other assets 15,692 7,365
Fixed assets (net of accumulated depreciation of $19,543 and $13,813 at December 31, 2021 and 2020, respectively) 45,953 21,661
Title plants 13,952 14,008
Goodwill 111,487 111,487
Trade names (net of accumulated amortization of $3,187 at December 31, 2020) 0 2,684
Total assets 655,921 363,033
Liabilities and stockholders’ equity    
Accounts payable 6,930 6,626
Accrued expenses and other liabilities 54,149 33,044
Senior secured credit agreement, net of debt issuance costs and original issue discount 141,769 0
Loan from a related party 0 65,532
Liability for Unpaid Claims and Claims Adjustment Expense, Net 80,267 69,800
Warrant liabilities 16,467 0
Sponsor Covered Shares liability 5,415 0
Total liabilities 304,997 175,002
Commitments and contingencies
Stockholders’ equity:    
Common stock 33 1
Additional paid-in capital 543,070 266,464
Accumulated deficit (192,179) (79,123)
Accumulated other comprehensive income 0 686
Total stockholders’ equity 350,924 188,031
Total liabilities and stockholders’ equity 655,921 363,033
Preferred Stock Series A    
Stockholders’ equity:    
Preferred stock 0 1
Preferred Stock Series A-1    
Stockholders’ equity:    
Preferred stock 0 1
Preferred Stock Series A-2    
Stockholders’ equity:    
Preferred stock 0 0
Preferred Stock Series B    
Stockholders’ equity:    
Preferred stock 0 0
Preferred Stock Series C    
Stockholders’ equity:    
Preferred stock $ 0 $ 1