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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities    
Net income (loss) $ (2,990,000) $ 5,033,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Deferred income tax expense (benefit) (655,000) 523,000
Depreciation and amortization 995,000 1,445,000
Net lease liabilities (90,000) (51,000)
Downward adjustment due to changes in observable prices 63,000
Loss on impairment   699,000
Earnings of equity method investment in related parties (4,000) (172,000)
Impairment of equity method investment in related party 4,015,000
Loss on sale of equity method investment in related parties 719,000
Share-based compensation 461,000  
Changes in    
Receivables from customers 33,270,000 10,031,000
Receivables from non-customers (19,000) (81,000)
Receivables from and deposits with broker-dealers and clearing organizations 3,321,000 9,298,000
Securities borrowed 602,609,000 (33,733,000)
Securities owned, at fair value 787,000 (1,368,000)
Prepaid expenses and other assets (335,000) (51,000)
Prepaid service contract 711,000 809,000
Payables to customers (55,279,000) (3,854,000)
Payables to non-customers (5,924,000) 5,860,000
Drafts payable 580,000 (2,217,000)
Payables to broker-dealers and clearing organizations 406,000 (1,556,000)
Accounts payable and accrued liabilities (1,170,000) (100,000)
Securities loaned (604,555,000) 10,924,000
Securities sold, not yet purchased, at fair value (22,000) 3,000
Taxes payable (696,000) 1,292,000
Deferred contract incentive (750,000) 2,746,000
Net cash provided by (used in) operating activities (24,615,000) 5,543,000
Cash Flows From Investing Activities    
Equity method investment in related party (64,000)
Purchase of Openhand common stock (850,000)
Distribution from equity method investment in related party 259,000
Purchase of office facilities and equipment (284,000) (296,000)
Purchase of property (6,815,000)
Build out of property (985,000)
Purchase of software (830,000) (343,000)
Net cash (used in) investing activities (1,840,000) (8,368,000)
Cash Flows From Financing Activities    
Issuance of RISE membership interests 600,000
Transfers of RISE membership interests 240,000
Net change in notes payable – related party (4,470,000) 1,800,000
Net change in long-term debt (661,000) 3,053,000
Net cash provided by (used in) financing activities (4,291,000) 4,853,000
Net change in cash and cash equivalents, and cash and securities segregated for regulatory purposes (30,746,000) 2,028,000
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - beginning of year 330,584,000 328,556,000
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - end of year 299,838,000 330,584,000
Reconciliation of cash, cash equivalents, and cash and securities segregated for regulatory purposes    
Cash and cash equivalents - end of year 23,672,000 3,758,000
Cash and securities segregated for regulatory purposes - end of year 276,166,000 326,826,000
Cash and cash equivalents, and cash and securities segregated for regulatory purposes - end of year 299,838,000 330,584,000
Supplemental cash flow information    
Cash paid / (refunds received) during the year for income taxes 59,000 (642,000)
Cash paid during the year for interest 440,000 361,000
Non-cash investing and financing activities    
Equity method investment in related party 7,920,000
Termination of agreement with technology partner (293,000)  
Transfers of RISE membership interests 2,880,000
Net membership interests of RISE from transactions with Hedge Connection 256,000
Net membership interests exchange between Tigress and RISE (93,000)
Forgiveness of notes payable from Hedge Connection $ 250,000