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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,998) $ (1,446)
Adjustments to reconcile net loss income to net cash used in operating activities:    
Amortization of acquisition costs, net 683 22
Unrealized losses on equity securities, net 114 2,375
Losses from equity method investees 103 15
Compensation expense related to share awards 5 73
Provision for credit losses (6) 0
Depreciation and amortization 113 188
Deferred income tax benefit (508) (552)
Decrease in receivables, net 9,168 4,828
Decrease in insurance reserves and policyholder funds (8,600) (11,408)
Decrease in accounts payable and accrued expenses (3,950) (5,338)
Other, net (443) (367)
Net cash used in operating activities (5,319) (11,610)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investments sold 0 9
Proceeds from investments matured, called or redeemed 2,857 1,769
Investments purchased (5,604) (6,418)
Additions to property and equipment (39) (59)
Net cash used in investing activities (2,786) (4,699)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Treasury stock acquired - net employee share-based compensation (7) (6)
Proceeds from revolving credit facility, net 1,000 1,000
Net cash provided by financing activities 993 994
Net decrease in cash and cash equivalents (7,112) (15,315)
Cash and cash equivalents at beginning of period 28,301 28,863
Cash and cash equivalents at end of period 21,189 13,548
Supplemental cash flow information:    
Cash paid for interest $ 856 $ 759