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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 12,023 $ 13,098 $ 24,184 $ 29,710
Operating costs and expenses:        
Selling, general and administrative 6,346 6,440 12,704 12,740
Depreciation and amortization 147 121 288 241
Total operating costs and expenses 10,214 10,303 20,604 23,398
Earnings of equity method investments 1,735 306 2,522 683
Operating income 3,544 3,101 6,102 6,995
Interest expense, net (108) (101) (200) (169)
Income before income tax expense 3,436 3,000 5,902 6,826
Income tax expense 939 221 1,606 1,218
Net income $ 2,497 $ 2,779 $ 4,296 $ 5,608
Weighted average common shares outstanding – basic 36,741,439 36,700,830 36,674,620 36,627,200
Weighted average common shares outstanding – diluted 36,816,610 37,651,694 36,759,995 37,504,023
Net income per share – basic $ 0.07 $ 0.08 $ 0.12 $ 0.15
Net income per share – diluted $ 0.07 $ 0.07 $ 0.12 $ 0.15
Services Revenue [Member]        
Revenues:        
Total revenues $ 8,481 $ 9,810 $ 17,464 $ 20,055
Operating costs and expenses:        
Cost of services revenue and assets sales 1,450 1,807 2,930 4,147
Asset Sales [Member]        
Revenues:        
Total revenues 3,542 3,288 6,720 9,655
Operating costs and expenses:        
Cost of services revenue and assets sales $ 2,271 $ 1,935 $ 4,682 $ 6,270