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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES      
Total revenues $ 198,360,000 $ 150,534,000 $ 67,368,000
OPERATING EXPENSES      
Compensation and benefits 94,297,000 54,755,000 24,529,000
Professional fees 12,856,000 11,508,000 13,953,000
General, administrative and other 18,522,000 9,870,000 4,710,000
Contingent consideration expense 1,717,000 3,472,000 21,000
Amortization of intangibles 26,867,000 30,431,000 15,466,000
Strategic alliance expense 678,000 152,000 0
Total operating expenses 154,937,000 110,188,000 58,679,000
INCOME FROM OPERATIONS 43,423,000 40,346,000 8,689,000
OTHER (EXPENSE)/INCOME      
Interest expense implied on notes payable to sellers 0 (825,000) (988,000)
Interest expense, net (9,505,000) (21,360,000) (10,732,000)
Loss on extinguishment of debt 0 (15,312,000) 0
Other income 1,545,000 848,000 0
Total other (expense) (7,960,000) (36,649,000) (11,720,000)
Net income before income taxes 35,463,000 3,697,000 (3,031,000)
Income tax benefit/(expense) (6,064,000) 7,070,000 26,837,000
NET INCOME 29,399,000 10,767,000 23,806,000
Less: preferred dividends attributable to redeemable noncontrolling interest 0 (1,593,000) (720,000)
Less: net income attributable to noncontrolling interest in P10 Intermediate (193,000) 0 0
NET INCOME ATTRIBUTABLE TO P10 $ 29,206,000 $ 9,174,000 $ 23,086,000
Earnings per share      
Basic earnings per share $ 0.25 $ 0.13 $ 0.37
Diluted earnings per share 0.24 0.08 0.36
Dividends paid per share $ 0.09 $ 0 $ 0
Weighted average shares outstanding, basic 116,751 72,660 62,465
Weighted average shares outstanding, diluted 121,655 112,332 64,905
Management and Advisory Fees      
REVENUES      
Total revenues $ 196,546,000 $ 149,424,000 $ 66,125,000
Other Revenue [Member]      
REVENUES      
Total revenues $ 1,814,000 $ 1,110,000 $ 1,243,000