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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES        
Total revenues $ 74,243 $ 58,942 $ 211,434 $ 178,667
OPERATING EXPENSES        
Compensation and benefits 42,531 42,175 115,893 114,128
Professional fees 9,169 3,357 16,472 10,191
General, administrative and other 6,606 5,315 19,680 15,209
Contingent consideration expense 39 80 160 550
Amortization of intangibles 6,437 7,319 19,312 21,893
Strategic alliance expense 635 313 2,153 1,118
Total operating expenses 65,417 58,559 173,670 163,089
INCOME FROM OPERATIONS 8,826 383 37,764 15,578
OTHER (EXPENSE)/ INCOME        
Interest expense, net (6,692) (5,482) (18,583) (16,080)
Other income/ (loss) 454 (1,851) 1,516 (2,570)
Total other (expense) (6,238) (7,333) (17,067) (18,650)
Net income/(loss) before income taxes 2,588 (6,950) 20,697 (3,072)
Income tax (expense) (1,255) (1,800) (6,731) (2,807)
NET INCOME/(LOSS) 1,333 (8,750) 13,966 (5,879)
Less: net (income)/loss attributable to noncontrolling interests in P10 Intermediate 73 334 (546) (169)
NET INCOME/(LOSS) ATTRIBUTABLE TO P10 $ 1,406 $ (8,416) $ 13,420 $ (6,048)
Earnings/(loss) per share        
Basic earnings/(loss) per share $ 0.01 $ (0.07) $ 0.12 $ (0.05)
Diluted earnings/(loss) per share $ 0.01 $ (0.07) $ 0.12 $ (0.05)
Weighted average shares outstanding, basic 111,374 116,235 112,954 116,134
Weighted average shares outstanding, diluted 119,276 116,235 120,738 116,134
Management and Advisory Fees        
REVENUES        
Total revenues $ 72,595 $ 58,078 $ 206,192 $ 176,322
Other Revenue        
REVENUES        
Total revenues $ 1,648 $ 864 $ 5,242 $ 2,345