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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 7,669,000 $ 3,758,000
Cash and securities segregated for regulatory purposes 278,408,000 326,826,000
Receivables from customers 78,336,000 85,327,000
Receivables from non-customers 55,000 81,000
Receivables from broker-dealers and clearing organizations 14,068,000 8,185,000
Other receivables 4,256,000 2,242,000
Prepaid service contract - current 709,000 709,000
Prepaid expenses and other assets 1,868,000 1,596,000
Securities borrowed 707,319,000 939,518,000
Securities owned, at fair value 3,400,000 3,991,000
Total Current assets 1,096,088,000 1,372,233,000
Deposits with broker-dealers and clearing organizations 4,602,000 5,541,000
Prepaid service contract - non-current 118,000 295,000
Property, office facilities, and equipment, net 7,700,000 7,463,000
Software, net 666,000 752,000
Lease right-of-use assets 2,281,000 2,662,000
Equity method investment in related party 8,165,000 8,156,000
Other equity investment in related party, at fair value 1,036,000
Investments, cost 850,000 850,000
Deferred tax assets 4,341,000 4,294,000
Goodwill 1,989,000 1,989,000
Total Assets 1,127,836,000 1,404,235,000
Current liabilities    
Payables to customers 335,120,000 376,670,000
Payables to non-customers 7,298,000 17,430,000
Drafts payable 1,889,000 1,804,000
Payables to broker-dealers and clearing organizations 801,000 254,000
Accounts payable and accrued liabilities 3,156,000 3,677,000
Taxes payable 2,056,000 1,748,000
Securities loaned 707,996,000 931,735,000
Securities sold, not yet purchased, at fair value 52,000 24,000
Notes payable - related party 4,120,000 7,000,000
Current portion of lease liabilities 1,091,000 1,234,000
Current portion of long-term debt 1,010,000 998,000
Current portion of deferred contract incentive 783,000 808,000
Total Current liabilities 1,065,372,000 1,343,382,000
Lease liabilities, less current portion 1,438,000 1,699,000
Long-term debt, less current portion 6,448,000 6,710,000
Deferred contract incentive, less current portion 1,750,000 1,938,000
Total Liabilities 1,075,008,000 1,353,729,000
Commitments and Contingencies
Stockholders' equity    
Common stock, $.01 par value; 100 million shares authorized; 32,403,235 shares issued and outstanding as of both March 31, 2022 and December 31, 2021 324,000 324,000
Additional paid-in capital 29,540,000 27,967,000
Retained earnings 19,999,000 20,972,000
Total Stockholders' equity 49,863,000 49,263,000
Noncontrolling interests 2,965,000 1,243,000
Total Equity 52,828,000 50,506,000
Total Liabilities and Equity $ 1,127,836,000 $ 1,404,235,000