Quarterly report [Sections 13 or 15(d)]

Segment and Geographic Information - Segment Information (Details)

v3.25.3
Segment and Geographic Information - Segment Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Information                
Income and revenues $ 9,351,000     $ 7,197,000     $ 38,392,000 $ 19,773,000
Other segment items:                
Research and development expenses (69,000)     (817,000)     (1,431,000) (2,011,000)
Depreciation of property and equipment             (8,000) (8,000)
Credit losses on purchased receivables       (14,000,000)       (23,000,000)
Amortization of intangible assets (878,000)           (2,077,000)  
Gains on acquisitions 18,004,000           18,004,000 19,316,000
Change in fair value of embedded derivative related to RPA               8,100,000
Change in fair value of derivatives related to Castle Creek             (10,000)  
Interest expense (3,301,000)     (3,493,000)     (10,004,000) (10,446,000)
Other income, net 727,000     1,890,000     8,456,000 5,900,000
Income tax expense (49,000)           (49,000)  
Net income (loss) 14,051,000 $ 9,191,000 $ 2,367,000 (17,243,000) $ 15,985,000 $ (8,595,000) 25,609,000 (9,853,000)
General and administrative 9,734,000     8,020,000     25,682,000 27,485,000
Single Reportable Segment                
Segment Information                
Income and revenues 9,351,000     7,197,000     38,392,000 19,773,000
Business development and deal related costs (4,339,000)     (1,028,000)     (7,212,000) (2,446,000)
Other segment items:                
Research and development expenses (69,000)     (817,000)     (1,431,000) (2,011,000)
Depreciation of property and equipment (2,000)     (3,000)     (8,000) (8,000)
Other general and administrative expenses (5,393,000)     (6,989,000)     (18,462,000) (25,031,000)
Credit losses on purchased receivables       (14,000,000)       (23,000,000)
Amortization of intangible assets (878,000)           (2,077,000)  
Gains on acquisitions 18,004,000           18,004,000 19,316,000
Change in fair value of embedded derivative related to RPA               8,100,000
Change in fair value of derivatives related to Castle Creek (15,000)           (10,000)  
Interest expense (3,301,000)     (3,493,000)     (10,004,000) (10,446,000)
Income tax expense (49,000)           (49,000)  
Net income (loss) 14,051,000     (17,243,000)     25,609,000 (9,853,000)
Operating Segment | Single Reportable Segment                
Other segment items:                
Other income, net $ 742,000     $ 1,890,000     $ 8,466,000 $ 5,900,000