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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 13,098 $ 11,065 $ 29,710 $ 20,422
Operating costs and expenses:        
Selling, general and administrative 6,440 4,939 12,740 9,214
Depreciation and amortization 121 133 241 266
Total operating costs and expenses 10,303 11,613 23,398 20,177
Earnings of equity method investments 306 4,172 683 4,254
Operating income 3,101 3,624 6,995 4,499
Interest expense, net (101) (37) (169) (75)
Income before income tax expense 3,000 3,587 6,826 4,424
Income tax expense 221 1,009 1,218 1,201
Net income $ 2,779 $ 2,578 $ 5,608 $ 3,223
Weighted average common shares outstanding – basic 36,700,830 36,103,198 36,627,200 36,053,729
Weighted average common shares outstanding – diluted 37,651,694 36,999,614 37,504,023 36,846,539
Net income per share – basic $ 0.08 $ 0.07 $ 0.15 $ 0.09
Net income per share – diluted $ 0.07 $ 0.07 $ 0.15 $ 0.09
Services Revenue [Member]        
Revenues:        
Total revenues $ 9,810 $ 4,595 $ 20,055 $ 8,763
Operating costs and expenses:        
Cost of services revenue and assets sales 1,807 910 4,147 1,664
Asset Sales [Member]        
Revenues:        
Total revenues 3,288 6,470 9,655 11,659
Operating costs and expenses:        
Cost of services revenue and assets sales $ 1,935 $ 5,631 $ 6,270 $ 9,033