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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES        
Total revenues $ 58,942 $ 49,996 $ 178,667 $ 140,015
OPERATING EXPENSES        
Compensation and benefits 42,175 23,984 114,128 60,293
Professional fees 3,357 4,064 10,191 9,416
General, administrative and other 5,315 4,031 15,209 12,393
Contingent consideration expense 80 1,380 550 1,367
Amortization of intangibles 7,319 6,153 21,893 18,487
Strategic alliance expense 313 124 1,118 429
Total operating expenses 58,559 39,736 163,089 102,385
INCOME FROM OPERATIONS 383 10,260 15,578 37,630
OTHER (EXPENSE)/INCOME        
Interest expense, net (5,482) (2,358) (16,080) (5,268)
Other (expense)/income (1,851) 183 (2,570) 1,303
Total other (expense) (7,333) (2,175) (18,650) (3,965)
Net (loss)/income before income taxes (6,950) 8,085 (3,072) 33,665
Income tax expense (1,800) (2,468) (2,807) (9,102)
NET (LOSS)/INCOME (8,750) 5,617 (5,879) 24,563
Less: net (loss)/income attributable to noncontrolling interests in P10 Intermediate 334 0 (169) 0
NET (LOSS)/INCOME ATTRIBUTABLE TO P10 $ (8,416) $ 5,617 $ (6,048) $ 24,563
Earnings per share        
Basic (loss)/earnings per share $ (0.07) $ 0.05 $ (0.05) $ 0.21
Diluted (loss)/earnings per share (0.07) 0.05 (0.05) 0.2
Dividends paid per share $ 0.03 $ 0.03 $ 0.09 $ 0.06
Weighted average shares outstanding, basic 116,235 117,210 116,134 117,210
Weighted average shares outstanding, diluted 116,235 121,532 116,134 121,362
Management and Advisory Fees        
REVENUES        
Total revenues $ 58,078 $ 49,479 $ 176,322 $ 138,957
Other Revenue        
REVENUES        
Total revenues $ 864 $ 517 $ 2,345 $ 1,058