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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Net premiums earned $ 4,383 $ 1,099 $ 9,809 $ 2,221
Net investment income (loss) 11,174 (1,299) 5,114 2,792
Other income 214 67 266 146
Total revenue 15,771 (133) 15,189 5,159
Expenses:        
Net losses and loss adjustment expenses 2,406 1,058 5,798 1,893
Amortization of deferred policy acquisition costs 1,109 202 2,427 633
General and administrative expenses 2,001 3,000 6,009 6,698
Total expenses 5,516 4,260 14,234 9,224
Income (loss) from continuing operations before income taxes 10,255 (4,393) 955 (4,065)
Income tax expense (benefit)
Net income (loss) from continuing operations 10,255 (4,393) 955 (4,065)
Discontinued operations:        
Gain from sale of the Maison Business, net of taxes 145
Net income (loss) 10,255 (4,393) 955 (3,920)
Gain attributable to noncontrolling interests 569 1,235
Dividends declared on Series A Preferred Shares 447 448 1,342 1,245
Income (loss) attributable to FG Financial Group, Inc. common shareholders $ 9,808 $ (5,410) $ (387) $ (6,400)
Basic and diluted net income (loss) per common share:        
Continuing operations $ 1.05 $ (1.08) $ (0.05) $ (1.31)
Discontinued operations 0.03
Basic and Diluted earning per share $ 1.05 $ (1.08) $ (0.05) $ (1.28)
Weighted average common shares outstanding:        
Basic and diluted 9,333,709 5,032,615 7,564,017 5,012,139