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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenue:    
Commissions and fees $ 11,433,000 $ 8,294,000
Investment banking 19,000 46,000
Trading gains, net 1,639,000 921,000
Interest and dividends 19,000 551,000
Total Revenue 13,110,000 9,812,000
Expenses:    
Employee compensation and benefits 5,075,000 4,883,000
Clearing fees 1,031,000 866,000
Professional fees 2,135,000 3,458,000
Professional fees and other expenses related to change in control 0 2,206,000
Loss related to arbitration settlement 0 825,000
Advertising and promotion 87,000 258,000
Communications 258,000 462,000
Occupancy 437,000 746,000
Other general and administrative 1,762,000 1,686,000
Interest 15,000 0
Total Expenses 10,800,000 15,390,000
Income (loss) before income taxes 2,310,000 (5,578,000)
Provision for income taxes 153,000 0
Net income (loss) $ 2,157,000 $ (5,578,000)
Net income (loss) per share of common stock Basic and diluted $ .10 $ (.25)
Weighted average shares outstanding 22,507,798 22,085,126