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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Net premiums earned $ 4,192 $ 4,383 $ 11,534 $ 9,809
Net investment income 6,961 11,174 8,272 5,114
Other income 24 214 84 266
Total revenue 11,177 15,771 19,890 15,189
Expenses:        
Net losses and loss adjustment expenses 2,205 2,406 6,081 5,798
Amortization of deferred policy acquisition costs 1,003 1,109 2,533 2,427
General and administrative expenses 2,341 2,001 7,221 6,009
Total expenses 5,549 5,516 15,835 14,234
Net income 5,628 10,255 4,055 955
Dividends declared on Series A Preferred Shares 447 447 1,339 1,342
Income (loss) attributable to FG Financial Group, Inc. common shareholders $ 5,181 $ 9,808 $ 2,716 $ (387)
Basic net income (loss) per common share $ 0.50 $ 1.05 $ 0.28 $ (0.05)
Diluted net income (loss) per common share $ 0.50 $ 1.05 $ 0.28 $ (0.05)
Weighted average common shares outstanding:        
Basic 10,303,739 9,333,709 9,813,438 7,564,017
Diluted 10,303,739 9,333,709 9,813,438 7,564,017