2023 Q4 Form 10-Q Financial Statement
#000181428723000030 Filed on November 13, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $23.70M | $21.12M | $0.00 |
YoY Change | |||
Cost Of Revenue | $1.662M | $3.365M | $1.755M |
YoY Change | 91.75% | ||
Gross Profit | $22.03M | $17.76M | $9.753M |
YoY Change | 82.06% | ||
Gross Profit Margin | 92.98% | 84.07% | |
Selling, General & Admin | $17.16M | $11.54M | $74.72K |
YoY Change | 15348.27% | ||
% of Gross Profit | 77.87% | 65.01% | 0.77% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.710M | $1.695M | $1.071K |
YoY Change | 158149.58% | ||
% of Gross Profit | 7.76% | 9.55% | 0.01% |
Operating Expenses | $20.92M | $11.46M | $8.900M |
YoY Change | 866.84% | 28.71% | 1473.72% |
Operating Profit | $1.116M | $6.300M | $10.67M |
YoY Change | -40.93% | ||
Interest Expense | -$2.759M | $2.679M | $2.600M |
YoY Change | 203.67% | 3.03% | -77.05% |
% of Operating Profit | -247.18% | 42.53% | 24.38% |
Other Income/Expense, Net | -$3.406M | -$3.539M | $2.600M |
YoY Change | -763.66% | -236.08% | -77.05% |
Pretax Income | -$7.135M | $2.760M | -$6.300M |
YoY Change | 178.85% | -143.81% | -158.53% |
Income Tax | -$769.9K | $1.710M | $47.04K |
% Of Pretax Income | 61.97% | ||
Net Earnings | -$6.222M | $903.4K | -$6.347M |
YoY Change | 144.36% | -114.23% | -158.97% |
Net Earnings / Revenue | -26.26% | 4.28% | |
Basic Earnings Per Share | $0.01 | $0.20 | |
Diluted Earnings Per Share | -$0.10 | $0.01 | -$255.8K |
COMMON SHARES | |||
Basic Shares Outstanding | 63.35M shares | 62.96M shares | 50.37M shares |
Diluted Shares Outstanding | 63.35M shares | 50.37M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $27.84M | $36.60M | $1.675M |
YoY Change | 32060.75% | 2085.26% | 40.31% |
Cash & Equivalents | $25.59M | $36.65M | $1.675M |
Short-Term Investments | $2.253M | ||
Other Short-Term Assets | $699.1K | $1.000M | $308.3K |
YoY Change | 977.08% | 224.39% | 120.59% |
Inventory | |||
Prepaid Expenses | $308.3K | ||
Receivables | $3.236M | $1.900M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $31.78M | $39.52M | $1.983M |
YoY Change | 20876.75% | 1892.74% | 48.72% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $400.7K | $261.9K | |
YoY Change | 2052.44% | ||
Goodwill | $140.3M | $140.3M | |
YoY Change | |||
Intangibles | $29.62M | $31.22M | |
YoY Change | |||
Long-Term Investments | $126.8M | $91.80M | $98.26M |
YoY Change | 27.84% | -6.57% | -71.52% |
Other Assets | $999.0K | $1.000M | |
YoY Change | 12.14% | ||
Total Long-Term Assets | $300.0M | $264.8M | $98.26M |
YoY Change | 202.4% | 169.47% | -71.52% |
TOTAL ASSETS | |||
Total Short-Term Assets | $31.78M | $39.52M | $1.983M |
Total Long-Term Assets | $300.0M | $264.8M | $98.26M |
Total Assets | $331.8M | $304.3M | $100.2M |
YoY Change | 233.92% | 203.56% | -71.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $0.00 | $2.000K | $4.924M |
YoY Change | -100.0% | -99.96% | 228.29% |
Accrued Expenses | $4.354M | $636.8K | $7.940M |
YoY Change | -52.81% | -91.98% | 4680.78% |
Deferred Revenue | $507.0K | $348.8K | |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $13.03M | ||
YoY Change | |||
Total Short-Term Liabilities | $23.33M | $5.458M | $12.93M |
YoY Change | 24.2% | -57.79% | -31.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $126.8M | $118.8M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $8.440M | $3.400M | $12.08M |
YoY Change | -71.84% | 0.0% | |
Total Long-Term Liabilities | $135.2M | $122.2M | $12.08M |
YoY Change | 912.01% | 0.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $23.33M | $5.458M | $12.93M |
Total Long-Term Liabilities | $135.2M | $122.2M | $12.08M |
Total Liabilities | $167.8M | $138.2M | $29.67M |
YoY Change | 793.24% | 365.9% | -4.53% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$34.73M | -$28.50M | -$27.51M |
YoY Change | 88.58% | 3.63% | |
Common Stock | $24.14K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $163.9M | $165.8M | -$27.48M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $331.8M | $304.3M | $100.2M |
YoY Change | 233.92% | 203.56% | -71.06% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.222M | $903.4K | -$6.347M |
YoY Change | 144.36% | -114.23% | -158.97% |
Depreciation, Depletion And Amortization | $1.710M | $1.695M | $1.071K |
YoY Change | 158149.58% | ||
Cash From Operating Activities | -$13.34M | -$12.82M | -$1.350M |
YoY Change | 2031.12% | 849.73% | 230.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $89.67K | $100.0K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$238.8K | $9.730M | $247.1M |
YoY Change | -75.18% | -96.06% | |
Cash From Investing Activities | -$328.5K | $9.630M | $247.1M |
YoY Change | -65.86% | -96.1% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.617M | 19.22M | -244.7M |
YoY Change | -107.86% | -16410.86% | |
NET CHANGE | |||
Cash From Operating Activities | -13.34M | -12.82M | -1.350M |
Cash From Investing Activities | -328.5K | 9.630M | 247.1M |
Cash From Financing Activities | 2.617M | 19.22M | -244.7M |
Net Change In Cash | -11.05M | 16.03M | 1.112M |
YoY Change | 595.98% | 1341.13% | 1.88% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.34M | -$12.82M | -$1.350M |
Capital Expenditures | $89.67K | $100.0K | |
Free Cash Flow | -$13.43M | -$12.92M | |
YoY Change | 2045.44% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
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|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
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Entity Shell Company
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|
63826 | usd |
CY2022Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
71283 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20086 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
42289 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1565 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-199958 | usd | |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3538725 | usd |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
42289 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4494377 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-199958 | usd | |
CY2023Q3 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
2761287 | usd |
CY2022Q3 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
10707537 | usd |
us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
17637736 | usd | |
us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
22926682 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1710315 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
352081 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2238419 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
648887 | usd | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1050972 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
10355456 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
15399317 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
22277795 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
147611 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
363452 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-339692 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
770093 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
903361 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9992004 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
15739009 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
21507702 | usd | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
63349823 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
63349823 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
54632826 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54632826 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares | |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
10355456 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
15399317 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
22277795 | usd | |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
-1016034 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
-523083 | usd |
us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
-1248010 | usd | |
us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
1494476 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
34938 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
9832373 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
14151307 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
23772271 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-91292 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
124677 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-635041 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1136586 | usd | |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
126230 | usd |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
9707696 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
14786348 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
22635685 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
12306791 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
22139164 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
160498915 | usd |
CY2023Q3 | abl |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
0 | usd |
CY2023Q3 | abl |
Adjustments To Additional Paid In Capital Increase From Spac Trust Proceeds
AdjustmentsToAdditionalPaidInCapitalIncreaseFromSPACTrustProceeds
|
972262 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4583632 | usd |
CY2023Q3 | abl |
Noncontrolling Interest Increase From Transfer Of Noncontrolling Interest
NoncontrollingInterestIncreaseFromTransferOfNoncontrollingInterest
|
0 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1016034 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1050972 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
166089747 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
766893 | usd |
us-gaap |
Dividends
Dividends
|
2400000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1494476 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
22277795 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
22139164 | usd |
us-gaap |
Dividends
Dividends
|
34451607 | usd | |
abl |
Stockholders Equity Deferred Transaction Costs
StockholdersEquityDeferredTransactionCosts
|
10841551 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
960900 | usd | |
abl |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
-2796225 | usd | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
165361332 | usd | |
abl |
Adjustments To Additional Paid In Capital Increase From Spac Trust Proceeds
AdjustmentsToAdditionalPaidInCapitalIncreaseFromSPACTrustProceeds
|
972262 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4583632 | usd | |
abl |
Noncontrolling Interest Increase From Transfer Of Noncontrolling Interest
NoncontrollingInterestIncreaseFromTransferOfNoncontrollingInterest
|
0 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1248010 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
15399317 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
166089747 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
15399317 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
22277795 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1696994 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3211 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4583632 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
133211 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
491356 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-1301821 | usd | |
us-gaap |
Life Settlement Contracts Fair Value Method Unrealized Gain Loss
LifeSettlementContractsFairValueMethodUnrealizedGainLoss
|
14259665 | usd | |
us-gaap |
Life Settlement Contracts Fair Value Method Unrealized Gain Loss
LifeSettlementContractsFairValueMethodUnrealizedGainLoss
|
3957809 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-309865 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
859519 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1743079 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
648887 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
1064130 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd | |
abl |
Operating Lease Right Of Use Asset Noncash Income Expense
OperatingLeaseRightOfUseAssetNoncashIncomeExpense
|
721 | usd | |
abl |
Operating Lease Right Of Use Asset Noncash Income Expense
OperatingLeaseRightOfUseAssetNoncashIncomeExpense
|
-192 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
929020 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-29199 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
364931 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
325294 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1920015 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
634409 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-38014 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
44103901 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
112388 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
0 | usd | |
abl |
Increase Decrease In Accrued Transaction Costs
IncreaseDecreaseInAccruedTransactionCosts
|
-908256 | usd | |
abl |
Increase Decrease In Accrued Transaction Costs
IncreaseDecreaseInAccruedTransactionCosts
|
0 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-632381 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
0 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
3089077 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
1352878 | usd | |
abl |
Life Settlement Contract Purchased Fair Value Method
LifeSettlementContractPurchasedFairValueMethod
|
55516357 | usd | |
abl |
Life Settlement Contract Purchased Fair Value Method
LifeSettlementContractPurchasedFairValueMethod
|
7105000 | usd | |
abl |
Life Settlement Contract Purchased Investment Method
LifeSettlementContractPurchasedInvestmentMethod
|
5601493 | usd | |
abl |
Life Settlement Contract Purchased Investment Method
LifeSettlementContractPurchasedInvestmentMethod
|
61876742 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-51176074 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6395331 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
350000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
250000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
96721 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd | |
abl |
Proceeds Due From Payments Due To Affiliates
ProceedsDueFromPaymentsDueToAffiliates
|
3016158 | usd | |
abl |
Proceeds Due From Payments Due To Affiliates
ProceedsDueFromPaymentsDueToAffiliates
|
-1682664 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2569437 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1932664 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
442283 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
2500000 | usd | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
87478232 | usd | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
12900291 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
943400 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | usd | |
us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
10841551 | usd | |
us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
0 | usd | |
abl |
Proceeds Received From Spac Trust
ProceedsReceivedFromSPACTrust
|
972262 | usd | |
abl |
Proceeds Received From Spac Trust
ProceedsReceivedFromSPACTrust
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
55203004 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12069661 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6596367 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3741666 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30052823 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
102421 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36649190 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3844087 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
DESCRIPTION OF BUSINESS<div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Organization and Merger</span></div><div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Abacus Life, Inc. (the “Company”) was formerly known as East Resources Acquisition Company ("ERES”), a blank check company incorporated in Delaware on May 22, 2020. Abacus Life, Inc. conducts its business through its wholly-owned, consolidated subsidiaries, primarily Abacus Settlements, LLC (“Abacus Settlements”, or “Abacus”) and Longevity Market Assets, LLC (“LMA”), which are Delaware limited liability companies (collectively, the “Companies”). On June 30, 2023, (the “Closing Date”), ERES, LMA and Abacus Settlements, LLC consummated the combining of the Companies as contemplated by the Merger Agreement dated as of August 30, 2022 (as amended on October 14, 2022 and April 20, 2023) with LMA Merger Sub, LLC, a wholly owned subsidiary of ERES (“LMA Merger Sub”), Abacus Merger Sub, LLC, a wholly owned subsidiary of ERES (“Abacus Merger Sub”), LMA and Abacus (together with LMA, the “Legacy Companies”). Pursuant to the Merger Agreement, on June 30, 2023, (i) LMA Merger Sub merged with and into LMA, with LMA surviving such merger (the “LMA Merger”) and (ii) Abacus Merger Sub merged with and into Abacus, with Abacus surviving such merger (the “Abacus Merger” and, together with the LMA Merger, the “Mergers” and, along with the other transactions contemplated by the Merger Agreement, the “Business Combination”) and the Legacy Companies became direct wholly owned subsidiaries of Abacus and ERES changed its name to Abacus Life, Inc. </span></div><div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The condensed consolidated assets, liabilities and statements of operations and comprehensive income prior to the Business Combination are those of legacy LMA. The shares of common stock and corresponding capital amounts and income per share, prior to the Business Combination, have been retroactively restated based on share reflecting the exchange ratio established in the Business Combination. </span></div><div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The equity structure has been recast in all comparative periods up to the Closing Date to reflect the number of shares of the Company’s common stock, $0.0001 par value per share, issued to legacy LMA’s stockholders in connection with the Business Combination. As such, the shares and corresponding capital amounts and income per share related to legacy LMA common stock prior to the Business Combination have been retroactively recast as shares reflecting the exchange ratio of 0.8 established in the Business Combination.</span></div><div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Business Activity</span></div><div style="margin-top:10pt;padding-left:22.5pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">The Company, through its LMA subsidiary, is a provider of services pertaining to life insurance settlements and offers policy servicing to owners and purchasers of life settlement assets, as well as consulting, valuation, and actuarial services. The Company is also engaged in buying and selling of life settlement policies in which it uses its own capital, and purchases life settlement contracts with the intent to either hold to maturity to receive the associated death claim payout or to sell to another purchaser of life settlement contracts for a gain on the sale.</span></div>The Company, through its Abacus subsidiary, also is an originator of outstanding life insurance policies as a licensed life settlement provider on behalf of investors (“Financing Entities”). Abacus locates and screens policies for eligibility as a commercially desirable life settlement, including verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates, also known, collectively, as origination services. When the sale of a policy is completed, this is deemed “settled” and the policy is then referred to as either a “life settlement” in which the insured’s life expectancy is greater than two years or “viatical settlement,” in which the insured’s life expectancy is less than two years. The Company is not an insurance company, and therefore the Company does not underwrite insurable risks for its own account. | ||
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | abl |
Number Of Providers Involved In Option Agreement
NumberOfProvidersInvolvedInOptionAgreement
|
2 | provider |
CY2021Q4 | abl |
Number Of Unaffiliated Investors Involved In Variable Interest Entity Ownership
NumberOfUnaffiliatedInvestorsInvolvedInVariableInterestEntityOwnership
|
3 | investor |
CY2021Q4 | abl |
Number Of Unaffiliated Investors Involved In Variable Interest Entity Ownership
NumberOfUnaffiliatedInvestorsInvolvedInVariableInterestEntityOwnership
|
3 | investor |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">—The preparation of U.S. GAAP financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, disclosure of contingent assets and liabilities at the date of financial statements, and the reports amounts of revenue and expenses during the reporting periods. Company’s estimates, judgments, and assumptions are continually evaluated based on available information and experience. Because of the use of estimates inherent in the financial reporting process, actual results could differ from the estimates. Estimates are used when accounting for revenue recognition and related costs, purchase price allocation, the selection of useful lives of property and equipment, valuation of other receivables, valuation of life settlement policies, valuation of other investments and available-for-sale securities, valuation of long-term debt, impairment testing, income taxes, and legal reserves.</span> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:120%">Concentrations</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">—Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, accounts receivable, and available-for-sale securities. The Company maintains its cash in bank deposit accounts with high-quality financial institutions, which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on its cash and cash equivalents. For accounts receivable, the Company is exposed to credit risk in the event of nonpayment by customers to the extent of the amounts recorded on the accompanying condensed consolidated balance sheets. The Company extends different levels of credit to its customers and maintains allowance for doubtful accounts based upon the expected collectability of accounts receivable. The Company’s procedures for determining this allowance includes evaluating individual customer receivables, considering a customer’s financial condition, monitoring credit history and current economic conditions, and using historical experience applied to an aging of accounts.</span> | ||
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
CY2023Q3 | abl |
Life Settlement Contracts Number Of Contracts
LifeSettlementContractsNumberOfContracts
|
240 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts
LifeSettlementContractsFairValueMethodNumberOfContracts
|
228 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
12 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value
LifeSettlementContractsFairValueMethodFaceValue
|
303605030 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
83585374 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
37300000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
4116499 | usd |
CY2022Q4 | abl |
Life Settlement Contracts Number Of Contracts
LifeSettlementContractsNumberOfContracts
|
53 | insurance_contract |
CY2022Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts
LifeSettlementContractsFairValueMethodNumberOfContracts
|
35 | insurance_contract |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
18 | insurance_contract |
CY2022Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value
LifeSettlementContractsFairValueMethodFaceValue
|
40092154 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
13809352 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
42330000 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
8716111 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Remainder Of Fiscal Year
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInRemainderOfFiscalYear
|
0 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Remainder Of Fiscal Year
LifeSettlementContractsFairValueMethodFaceValueMaturingInRemainderOfFiscalYear
|
0 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Remainder Of Fiscal Year
LifeSettlementContractsFairValueMaturingInRemainderOfFiscalYear
|
0 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInNextTwelveMonths
|
8 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Next Twelve Months
LifeSettlementContractsFairValueMethodFaceValueMaturingInNextTwelveMonths
|
10639000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Next Twelve Months
LifeSettlementContractsFairValueMaturingInNextTwelveMonths
|
8018927 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Two
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearTwo
|
13 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Two
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearTwo
|
26725000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Two
LifeSettlementContractsFairValueMaturingInYearTwo
|
8912395 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Three
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearThree
|
36 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Three
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearThree
|
69378938 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Three
LifeSettlementContractsFairValueMaturingInYearThree
|
28670576 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Four
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearFour
|
26 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Four
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearFour
|
22391998 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Four
LifeSettlementContractsFairValueMaturingInYearFour
|
8115654 | usd |
CY2023Q3 | abl |
Life Settlement Contract Fair Value Method Number Of Contracts Maturity After Year Four
LifeSettlementContractFairValueMethodNumberOfContractsMaturityAfterYearFour
|
145 | insurance_contract |
CY2023Q3 | abl |
Life Settlement Contract Fair Value Method Face Value Maturity After Year Four
LifeSettlementContractFairValueMethodFaceValueMaturityAfterYearFour
|
174470094 | usd |
CY2023Q3 | abl |
Life Settlement Contract Fair Value Maturity After Year Four
LifeSettlementContractFairValueMaturityAfterYearFour
|
29867822 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts
LifeSettlementContractsFairValueMethodNumberOfContracts
|
228 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value
LifeSettlementContractsFairValueMethodFaceValue
|
303605030 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
83585374 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Remainder Of Fiscal Year
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInRemainderOfFiscalYear
|
0 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Remainder Of Fiscal Year
LifeSettlementContractsInvestmentMethodFaceValueMaturingInRemainderOfFiscalYear
|
0 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Remainder Of Fiscal Year
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInRemainderOfFiscalYear
|
0 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInNextTwelveMonths
|
1 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodFaceValueMaturingInNextTwelveMonths
|
500000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInNextTwelveMonths
|
329714 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Two
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearTwo
|
2 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Two
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearTwo
|
1500000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Two
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearTwo
|
437775 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Three
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearThree
|
1 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Three
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearThree
|
8000000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Three
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearThree
|
82869 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Four
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFour
|
2 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Four
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearFour
|
500000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Four
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearFour
|
320110 | usd |
CY2023Q3 | abl |
Life Settlement Contract Investment Method Number Of Contracts Maturity After Year Four
LifeSettlementContractInvestmentMethodNumberOfContractsMaturityAfterYearFour
|
6 | insurance_contract |
CY2023Q3 | abl |
Life Settlement Contract Investment Method Face Value Maturity After Year Four
LifeSettlementContractInvestmentMethodFaceValueMaturityAfterYearFour
|
26800000 | usd |
CY2023Q3 | abl |
Life Settlement Contract Investment Method Amount Maturity After Year Four
LifeSettlementContractInvestmentMethodAmountMaturityAfterYearFour
|
2946031 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
12 | insurance_contract |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
37300000 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
4116499 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Remainder Of Fiscal Year
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInRemainderOfFiscalYear
|
59184 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInNextTwelveMonths
|
411445 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearTwo
|
403224 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearThree
|
97789 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFour
|
71775 | usd |
CY2023Q3 | abl |
Life Settlement Contract Investment Method Premium To Be Paid After Year Four
LifeSettlementContractInvestmentMethodPremiumToBePaidAfterYearFour
|
654558 | usd |
CY2023Q3 | us-gaap |
Life Settlement Contracts Investment Method Five Year Disclosure Premiums To Be Paid
LifeSettlementContractsInvestmentMethodFiveYearDisclosurePremiumsToBePaid
|
1697975 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1682083 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
6728333 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
276792 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25346 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
14911 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6729 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
261882 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
18617 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
12770 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
1070 | usd |
us-gaap |
Depreciation
Depreciation
|
14911 | usd | |
us-gaap |
Depreciation
Depreciation
|
3211 | usd | |
CY2023Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
|
32900000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
29300000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1682083 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
27617917 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
32900000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1682083 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
31217917 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1682083 | usd |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1682083 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
5328333 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3911667 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
3895000 | usd |
CY2023Q3 | abl |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
6072501 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
27617917 | usd |
CY2021Q4 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
250000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
250000 | usd |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Weighted Average Yield
DebtSecuritiesAvailableForSaleWeightedAverageYield
|
0.06 | |
CY2021Q4 | abl |
Debt Securities Available For Sale Equity Financing Threshold In Which Shares Convert
DebtSecuritiesAvailableForSaleEquityFinancingThresholdInWhichSharesConvert
|
1000000 | usd |
CY2022Q4 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
500000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Weighted Average Yield
DebtSecuritiesAvailableForSaleWeightedAverageYield
|
0.08 | |
CY2022Q4 | abl |
Debt Securities Available For Sale Equity Financing Threshold In Which Shares Convert
DebtSecuritiesAvailableForSaleEquityFinancingThresholdInWhichSharesConvert
|
5000000 | usd |
CY2023Q3 | abl |
Debt Securities Available For Sale Equity Financing Threshold In Which Shares Convert
DebtSecuritiesAvailableForSaleEquityFinancingThresholdInWhichSharesConvert
|
1000000 | usd |
CY2022Q4 | abl |
Debt Securities Available For Sale Equity Financing Threshold In Which Shares Convert
DebtSecuritiesAvailableForSaleEquityFinancingThresholdInWhichSharesConvert
|
1000000 | usd |
CY2023Q3 | abl |
Number Of Entities In Which Equity Securities Without Readily Determinable Fair Value Are Held
NumberOfEntitiesInWhichEquitySecuritiesWithoutReadilyDeterminableFairValueAreHeld
|
2 | entity |
us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd | |
CY2023Q3 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd |
CY2022Q3 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd |
us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd | |
CY2023Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
21120930 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
21120930 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
11507748 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
11507748 | usd |
us-gaap |
Revenues
Revenues
|
42705904 | usd | |
us-gaap |
Revenues
Revenues
|
42705904 | usd | |
us-gaap |
Revenues
Revenues
|
29784048 | usd | |
us-gaap |
Revenues
Revenues
|
29784048 | usd | |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
17755973 | usd |
CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
9752854 | usd |
us-gaap |
Gross Profit
GrossProfit
|
37877997 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
25943079 | usd | |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1704154 | usd |
CY2022Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
14905 | usd |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
3116999 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1664403 | usd | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4583632 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4583632 | usd | |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9838951 | usd |
CY2022Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
59816 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11113382 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
706523 | usd | |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1694853 | usd |
CY2022Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1071 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1696994 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3211 | usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
20086 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
42289 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1565 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-199958 | usd | |
CY2023Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
943400 | usd |
CY2022Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
943400 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
2679237 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
us-gaap |
Interest Expense
InterestExpense
|
3620695 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
0 | usd | |
CY2023Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
63826 | usd |
CY2022Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
71283 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | usd | |
CY2023Q3 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
2088797 | usd |
CY2022Q3 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
1235032 | usd |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-309865 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
859519 | usd | |
CY2023Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-306800 | usd |
CY2022Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-246846 | usd |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
491356 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-1301821 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1710315 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
352081 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2238419 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
648887 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
147611 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
363452 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-339692 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
770093 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
903361 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9992004 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
15739009 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
21507702 | usd | |
CY2023Q3 | abl |
Sensitivity Analysis Of Fair Value Life Settlement Contracts Fair Value Impact Of2 Percent Positive Change In Discount Rate
SensitivityAnalysisOfFairValueLifeSettlementContractsFairValueImpactOf2PercentPositiveChangeInDiscountRate
|
78288612 | usd |
abl |
Sensitivity Analysis Of Fair Value Change In Life Settlement Contracts Fair Value Impact Of2 Percent Positive Change In Discount Rate
SensitivityAnalysisOfFairValueChangeInLifeSettlementContractsFairValueImpactOf2PercentPositiveChangeInDiscountRate
|
-5296762 | usd | |
CY2023Q3 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
83585374 | usd |
CY2023Q3 | abl |
Sensitivity Analysis Of Fair Value Life Settlement Contracts Fair Value Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueLifeSettlementContractsFairValueImpactOf2PercentAdverseChangeInDiscountRate
|
89102871 | usd |
abl |
Sensitivity Analysis Of Fair Value Change In Life Settlement Contracts Fair Value Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueChangeInLifeSettlementContractsFairValueImpactOf2PercentAdverseChangeInDiscountRate
|
5517497 | usd | |
CY2023Q3 | abl |
Fair Value Option Change In Fair Value Gain Loss And Credit Risk Gains Losses On Assets
FairValueOptionChangeInFairValueGainLossAndCreditRiskGainsLossesOnAssets
|
-760457 | usd |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
|
-777131 | usd |
CY2023Q3 | abl |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Equity Attributable To Noncontrolling Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEquityAttributableToNoncontrollingInterest
|
238902 | usd |
CY2023Q3 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
2088797 | usd |
abl |
Fair Value Option Change In Fair Value Gain Loss And Credit Risk Gains Losses On Assets
FairValueOptionChangeInFairValueGainLossAndCreditRiskGainsLossesOnAssets
|
-1945461 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
|
952661 | usd | |
abl |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Equity Attributable To Noncontrolling Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEquityAttributableToNoncontrollingInterest
|
295348 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-309865 | usd | |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
28249653 | usd |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
88618714 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-309865 | usd | |
us-gaap |
Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
|
-1635596 | usd | |
abl |
Fair Value Option Change In Fair Value Gain Loss And Credit Risk Gains Losses On Assets
FairValueOptionChangeInFairValueGainLossAndCreditRiskGainsLossesOnAssets
|
-1945461 | usd | |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
118813828 | usd |
CY2021 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
250000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
250000 | usd |
CY2022Q4 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
500000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1000000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1000000 | usd |
CY2023Q3 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
1650000 | usd |
CY2022Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
1300000 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q3 | abl |
Number Of Votes Per Common Share
NumberOfVotesPerCommonShare
|
1 | vote |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
63349823 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
63349823 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50369350 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50369350 | shares |
us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | ||
CY2022 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2022 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.04 | |
CY2023Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
61586 | usd |
CY2022Q3 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
4511 | usd |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
86901 | usd | |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
12559 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1710315 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
352081 | usd |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.619 | |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.033 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2238419 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
648887 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.127 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.028 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y9M18D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y6M29D | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0342 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0336 | |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
171295 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
77011 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
173799 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
48127 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
29268 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
173799 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
77395 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
69904 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
12471 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
94846 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36313 | usd | |
CY2023Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
20540 | usd |
CY2022Q3 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1221 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
29465 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
2444 | usd | |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
90444 | usd |
CY2022Q3 | us-gaap |
Lease Cost
LeaseCost
|
13692 | usd |
us-gaap |
Lease Cost
LeaseCost
|
124311 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
38757 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
96891 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
36121 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
117527 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
118058 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
0 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
0 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
0 | usd |
CY2023Q3 | abl |
Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
|
0 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
235585 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
61786 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
173799 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
903361 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9992004 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
15739009 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
21507702 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
63349823 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
63349823 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54632826 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
54632826 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 |