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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue:    
Margin interest, marketing and distribution fees $ 10,928,000 $ 6,600,000
Commissions and fees 9,504,000 4,801,000
Principal transactions 9,020,000 1,639,000
Advisory fees 478,000 51,000
Interest 106,000 19,000
Total Revenue 30,036,000 13,110,000
Expenses:    
Employee compensation and benefits 13,817,000 5,075,000
Clearing fees, including execution costs 2,852,000 1,031,000
Professional fees 1,963,000 2,135,000
Other general and administrative 1,859,000 1,510,000
Technology and communications 1,008,000 410,000
Rent and occupancy 988,000 437,000
Depreciation and amortization 144,000 115,000
Advertising and promotion 45,000 87,000
Total Expenses 22,676,000 10,800,000
Income before (benefit) for (from) income taxes 7,360,000 2,310,000
(Benefit) provision (from) for income taxes (4,602,000) 153,000
Net income $ 11,962,000 $ 2,157,000
Net income per share of common stock Basic and diluted $ 0.44 $ .10
Weighted average shares outstanding Basic and diluted 27,157,188 22,507,798