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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 802 $ (1,998)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Amortization of acquisition costs, net 149 683
Unrealized (gains) losses on equity securities (767) 114
Losses from equity method investees 155 103
Compensation expense related to share awards 2 5
Benefit for credit losses (12) (6)
Depreciation and amortization 77 113
Deferred income tax expense (benefit) 232 (508)
Decrease in receivables, net 7,370 9,168
Decrease in insurance reserves and policyholder funds (4,586) (8,600)
Decrease in accounts payable and accrued expenses (3,683) (3,950)
Other, net (461) (443)
Net cash used in operating activities (722) (5,319)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investments sold 0 0
Proceeds from investments matured, called or redeemed 7,169 2,857
Investments purchased (5,846) (5,604)
Additions to property and equipment (264) (39)
Net cash provided by (used in) investing activities 1,059 (2,786)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Treasury stock acquired - net employee share-based compensation (4) (7)
Proceeds from revolving credit facility, net 0 1,000
Net cash (used in) provided by financing activities (4) 993
Net increase (decrease) in cash and cash equivalents 333 (7,112)
Cash and cash equivalents at beginning of period 35,570 28,301
Cash and cash equivalents at end of period 35,903 21,189
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 788 856
Cash paid for income taxes $ 315 $ 0