2024 Q1 Form 10-K Financial Statement
#000181428724000028 Filed on March 21, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $21.49M | $23.70M | $66.40M |
YoY Change | |||
Cost Of Revenue | $2.721M | $1.662M | $6.490M |
YoY Change | 455.29% | 3.85% | |
Gross Profit | $18.77M | $22.03M | $59.91M |
YoY Change | 91.88% | 55.73% | |
Gross Profit Margin | 87.34% | 92.98% | 90.23% |
Selling, General & Admin | $13.28M | $17.16M | $31.39M |
YoY Change | 828.91% | 757.6% | |
% of Gross Profit | 70.78% | 77.87% | 52.39% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.682M | $1.710M | $3.410M |
YoY Change | |||
% of Gross Profit | 8.96% | 7.76% | 5.69% |
Operating Expenses | $16.51M | $20.92M | $35.79M |
YoY Change | 1148.08% | 866.84% | 205.27% |
Operating Profit | $2.253M | $1.116M | $24.13M |
YoY Change | -73.36% | -9.8% | |
Interest Expense | $3.670M | -$2.759M | $9.867M |
YoY Change | 211.23% | 203.67% | -7.07% |
% of Operating Profit | 162.9% | -247.18% | 40.9% |
Other Income/Expense, Net | -$2.355M | -$3.406M | -$13.62M |
YoY Change | -299.7% | -763.66% | -222.38% |
Pretax Income | -$102.0K | -$7.135M | $10.50M |
YoY Change | -29.07% | 178.85% | -1876.92% |
Income Tax | $1.174M | -$769.9K | $1.469M |
% Of Pretax Income | 13.98% | ||
Net Earnings | -$1.349M | -$6.222M | $9.517M |
YoY Change | 838.28% | 144.36% | -1578.74% |
Net Earnings / Revenue | -6.28% | -26.26% | 14.33% |
Basic Earnings Per Share | -$0.02 | $0.17 | |
Diluted Earnings Per Share | -$0.02 | -$0.10 | $0.16 |
COMMON SHARES | |||
Basic Shares Outstanding | 63.69M shares | 63.35M shares | 56.95M shares |
Diluted Shares Outstanding | 63.03M shares | 57.77M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $68.79M | $27.84M | $27.84M |
YoY Change | 120733.32% | 32060.75% | 32060.75% |
Cash & Equivalents | $65.39M | $25.59M | $25.59M |
Short-Term Investments | $3.404M | $2.253M | $2.253M |
Other Short-Term Assets | $2.038M | $699.1K | $699.1K |
YoY Change | 1048.35% | 977.08% | 977.08% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $3.496M | $3.236M | $3.236M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $74.32M | $31.78M | $31.78M |
YoY Change | 31610.27% | 20876.75% | 20876.19% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $547.6K | $400.7K | $2.294M |
YoY Change | 447.56% | 2052.44% | 2194.38% |
Goodwill | $140.3M | $140.3M | |
YoY Change | |||
Intangibles | $28.05M | $29.62M | |
YoY Change | |||
Long-Term Investments | $129.8M | $126.8M | $126.8M |
YoY Change | 341.81% | 27.84% | 27.84% |
Other Assets | $1.501M | $999.0K | $999.0K |
YoY Change | 36.46% | 12.14% | 12.24% |
Total Long-Term Assets | $302.4M | $300.0M | $300.0M |
YoY Change | 929.07% | 202.4% | 202.4% |
TOTAL ASSETS | |||
Total Short-Term Assets | $74.32M | $31.78M | $31.78M |
Total Long-Term Assets | $302.4M | $300.0M | $300.0M |
Total Assets | $376.7M | $331.8M | $331.8M |
YoY Change | 1171.85% | 233.92% | 233.92% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Accrued Expenses | $707.2K | $4.354M | $4.472M |
YoY Change | -92.98% | -52.81% | -51.53% |
Deferred Revenue | $667.5K | $507.0K | |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $15.65M | $13.03M | $13.03M |
YoY Change | |||
Total Short-Term Liabilities | $23.84M | $23.33M | $23.33M |
YoY Change | 45.32% | 24.2% | 24.2% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $170.2M | $126.8M | $126.8M |
YoY Change | |||
Other Long-Term Liabilities | $7.725M | $8.440M | $8.440M |
YoY Change | 127.24% | ||
Total Long-Term Liabilities | $177.9M | $135.2M | $135.2M |
YoY Change | 5132.7% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $23.84M | $23.33M | $23.33M |
Total Long-Term Liabilities | $177.9M | $135.2M | $135.2M |
Total Liabilities | $211.4M | $167.8M | $167.9M |
YoY Change | 967.5% | 793.24% | 793.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$36.07M | -$34.73M | |
YoY Change | 84.84% | 88.58% | |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $165.1M | $163.9M | $163.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $376.7M | $331.8M | $331.8M |
YoY Change | 1171.85% | 233.92% | 233.92% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.349M | -$6.222M | $9.517M |
YoY Change | 838.28% | 144.36% | -1578.74% |
Depreciation, Depletion And Amortization | $1.682M | $1.710M | $3.410M |
YoY Change | |||
Cash From Operating Activities | $2.267M | -$13.34M | -$64.52M |
YoY Change | -553.09% | 2031.12% | 2379.48% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $161.8K | $89.67K | $189.7K |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $247.2K | -$238.8K | $2.431M |
YoY Change | -99.65% | -75.18% | -99.01% |
Cash From Investing Activities | -$6.629K | -$328.5K | $2.242M |
YoY Change | -100.01% | -65.86% | -99.09% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.283M | ||
YoY Change | |||
Debt Paid & Issued, Net | $26.25M | ||
YoY Change | |||
Cash From Financing Activities | $37.54M | 2.617M | $57.82M |
YoY Change | -154.11% | -123.63% | |
NET CHANGE | |||
Cash From Operating Activities | $2.267M | -13.34M | -$64.52M |
Cash From Investing Activities | -$6.629K | -328.5K | $2.242M |
Cash From Financing Activities | $37.54M | 2.617M | $57.82M |
Net Change In Cash | $39.80M | -11.05M | -$4.464M |
YoY Change | -134375.26% | 595.98% | 482.36% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.267M | -$13.34M | -$64.52M |
Capital Expenditures | $161.8K | $89.67K | $189.7K |
Free Cash Flow | $2.105M | -$13.43M | -$64.71M |
YoY Change | -520.76% | 2045.44% | 2386.77% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3409928 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1369112 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-1045623 | usd |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001814287 | |
CY2023 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Statement Of Financial Position Extensible List
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#AvailableForSaleSecuritiesDebtSecuritiesNoncurrent | |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Statement Of Financial Position Extensible List
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#AvailableForSaleSecuritiesDebtSecuritiesNoncurrent | |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2023 | us-gaap |
Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Other Comprehensive Income Extensible List
FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfOtherComprehensiveIncomeExtensibleList
|
http://fasb.org/us-gaap/2023#OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment | |
CY2023 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2023 | dei |
Entity File Number
EntityFileNumber
|
001-39403 | |
CY2023 | dei |
Entity Registrant Name
EntityRegistrantName
|
Abacus Life, Inc. | |
CY2023 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2023 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
85-1210472 | |
CY2023 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2101 Park Center Drive, Suite 200 | |
CY2023 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Orlando | |
CY2023 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | |
CY2023 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
32835 | |
CY2023 | dei |
City Area Code
CityAreaCode
|
800 | |
CY2023 | dei |
Local Phone Number
LocalPhoneNumber
|
561-4148 | |
CY2023 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2023 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2023 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2023 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2023 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2023 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2023 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | |
CY2023 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
true | |
CY2023 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
false | |
CY2023 | dei |
Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
|
false | |
CY2023 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2023Q2 | dei |
Entity Public Float
EntityPublicFloat
|
11651731 | usd |
CY2024Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
63694758 | shares |
CY2023 | dei |
Auditor Firm
AuditorFirmId
|
248 | |
CY2023 | dei |
Auditor Name
AuditorName
|
GRANT THORNTON LLP | |
CY2023 | dei |
Auditor Location
AuditorLocation
|
Philadelphia, Pennsylvania | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25588668 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30052823 | usd |
CY2023Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
2252891 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
0 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
699127 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
116646 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
31776834 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
33282927 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
400720 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
18617 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
29623130 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
0 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
140287000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
0 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1893659 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
77011 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
1697178 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
8716111 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
122296559 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
13809352 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
1105935 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
1000000 | usd |
CY2023Q4 | 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 |
CY2023Q4 | us-gaap |
Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
|
998945 | usd |
CY2022Q4 | us-gaap |
Other Receivable After Allowance For Credit Loss Noncurrent
OtherReceivableAfterAllowanceForCreditLossNoncurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
96107 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
890829 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
331826067 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
59094847 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
13029632 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4354225 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
40014 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
118058 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
48127 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
507000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
0 | usd |
CY2023Q4 | abl |
Accrued Transaction Costs Current
AccruedTransactionCostsCurrent
|
0 | usd |
CY2022Q4 | abl |
Accrued Transaction Costs Current
AccruedTransactionCostsCurrent
|
908256 | usd |
CY2023Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
751734 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
23326331 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1302409 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1796727 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
29268 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
9199091 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1363820 | usd |
CY2023Q4 | abl |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
6642960 | usd |
CY2022Q4 | abl |
Warrant Liabilities Noncurrent
WarrantLiabilitiesNoncurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
167755991 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
30945150 | usd |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
146650 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
0 | shares |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1283062 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
0 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
704963 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-34726135 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
199826278 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
25487323 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
108373 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1052836 | usd |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
138283 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
899538 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
164070076 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
28149697 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
331826067 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
59094847 | usd |
CY2023 | us-gaap |
Insurance Investment Income
InsuranceInvestmentIncome
|
17980987 | usd |
CY2022 | us-gaap |
Insurance Investment Income
InsuranceInvestmentIncome
|
37828829 | usd |
CY2023 | us-gaap |
Life Settlement Contracts Fair Value Method Gain Loss
LifeSettlementContractsFairValueMethodGainLoss
|
43214390 | usd |
CY2022 | us-gaap |
Life Settlement Contracts Fair Value Method Gain Loss
LifeSettlementContractsFairValueMethodGainLoss
|
5413751 | usd |
CY2023 | us-gaap |
Insurance Services Revenue
InsuranceServicesRevenue
|
61195377 | usd |
CY2022 | us-gaap |
Insurance Services Revenue
InsuranceServicesRevenue
|
43242580 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
66401451 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
44713552 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
5884669 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
26482571 | usd |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-2356058 | usd |
CY2022 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-90719 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4282 | usd |
CY2023 | us-gaap |
Operating Expenses
OperatingExpenses
|
35785192 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
5163629 | usd |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
24125882 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
33665254 | usd |
CY2023 | abl |
Gain Loss On Change In Fair Value Of Warrant Liability
GainLossOnChangeInFairValueOfWarrantLiability
|
-4204360 | usd |
CY2022 | abl |
Gain Loss On Change In Fair Value Of Warrant Liability
GainLossOnChangeInFairValueOfWarrantLiability
|
0 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
9866821 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
42798 | usd |
CY2023 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
594764 | usd |
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1474 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-146443 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-347013 | usd |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-13622860 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-388337 | usd |
CY2023 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
10503022 | usd |
CY2022 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
33276917 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468535 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
889943 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
9034487 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
32386974 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-482139 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
704699 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9516626 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31682275 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56951414 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57767898 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
9034487 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
-1248330 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment
|
1395830 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
7786157 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
33782804 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-800311 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1047693 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8586468 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
32735111 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
766893 | usd |
CY2022 | us-gaap |
Dividends
Dividends
|
6400000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1395830 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
32386974 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
28149697 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
34451607 | usd |
CY2023 | abl |
Stockholders Equity Deferred Transaction Costs
StockholdersEquityDeferredTransactionCosts
|
11397402 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
960900 | usd |
CY2023 | abl |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
-2796225 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
165361332 | usd |
CY2023 | abl |
Adjustments To Additional Paid In Capital Increase From Spac Trust Proceeds
AdjustmentsToAdditionalPaidInCapitalIncreaseFromSPACTrustProceeds
|
972262 | usd |
CY2023 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1283062 | usd |
CY2023 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
39000 | shares |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10768024 | usd |
CY2023 | abl |
Noncontrolling Interest Increase From Transfer Of Noncontrolling Interest
NoncontrollingInterestIncreaseFromTransferOfNoncontrollingInterest
|
0 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1248330 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
9034487 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
9034487 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
32386974 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3409928 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4282 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10768024 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
43957 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2086303 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2023 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
4204360 | usd |
CY2022 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1369112 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-1045623 | usd |
CY2023 | us-gaap |
Life Settlement Contracts Fair Value Method Unrealized Gain Loss
LifeSettlementContractsFairValueMethodUnrealizedGainLoss
|
27889106 | usd |
CY2022 | us-gaap |
Life Settlement Contracts Fair Value Method Unrealized Gain Loss
LifeSettlementContractsFairValueMethodUnrealizedGainLoss
|
5742377 | usd |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-2356058 | usd |
CY2022 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-90719 | usd |
CY2023 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
466577 | usd |
CY2022 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
889943 | usd |
CY2023 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
2182221 | usd |
CY2022 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
CY2023 | abl |
Operating Lease Right Of Use Asset Noncash Income Expense
OperatingLeaseRightOfUseAssetNoncashIncomeExpense
|
-17901 | usd |
CY2022 | abl |
Operating Lease Right Of Use Asset Noncash Income Expense
OperatingLeaseRightOfUseAssetNoncashIncomeExpense
|
-383 | usd |
CY2023 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
105935 | usd |
CY2022 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2117411 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
10448 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-124565 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
130873 | usd |
CY2023 | us-gaap |
Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
|
89057 | usd |
CY2022 | us-gaap |
Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
62994 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
91741 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
522326 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1936452 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-40014 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
40014 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
3829825 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
0 | usd |
CY2023 | abl |
Increase Decrease In Accrued Transaction Costs
IncreaseDecreaseInAccruedTransactionCosts
|
-908256 | usd |
CY2022 | abl |
Increase Decrease In Accrued Transaction Costs
IncreaseDecreaseInAccruedTransactionCosts
|
908256 | usd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-474217 | usd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
3358507 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
22037 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
751734 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
0 | usd |
CY2023 | abl |
Life Settlement Contract Purchased Fair Value Method
LifeSettlementContractPurchasedFairValueMethod
|
80598101 | usd |
CY2022 | abl |
Life Settlement Contract Purchased Fair Value Method
LifeSettlementContractPurchasedFairValueMethod
|
8066975 | usd |
CY2023 | abl |
Life Settlement Contract Purchased Investment Method
LifeSettlementContractPurchasedInvestmentMethod
|
-7018933 | usd |
CY2022 | abl |
Life Settlement Contract Purchased Investment Method
LifeSettlementContractPurchasedInvestmentMethod
|
8716111 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-64523149 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10693254 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
189674 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2023 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
350000 | usd |
CY2022 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
50000 | usd |
CY2023 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
750000 | usd |
CY2023 | abl |
Proceeds Due From Payments Due To Affiliates
ProceedsDueFromPaymentsDueToAffiliates
|
2781176 | usd |
CY2022 | abl |
Proceeds Due From Payments Due To Affiliates
ProceedsDueFromPaymentsDueToAffiliates
|
-2904646 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2241502 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3704646 | usd |
CY2023 | us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
442283 | usd |
CY2022 | us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
0 | usd |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
5547943 | usd |
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd |
CY2023 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
26250000 | usd |
CY2022 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd |
CY2023 | us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
11397402 | usd |
CY2022 | us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
0 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1283062 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023 | abl |
Proceeds Received From Spac Trust
ProceedsReceivedFromSPACTrust
|
972262 | usd |
CY2022 | abl |
Proceeds Received From Spac Trust
ProceedsReceivedFromSPACTrust
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
57817492 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
22961795 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4464155 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
29950403 | 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
|
102420 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25588668 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30052823 | usd |
CY2023 | abl |
Life Settlement Contracts Obtained In Exchange For Long Term Debt
LifeSettlementContractsObtainedInExchangeForLongTermDebt
|
10191125 | usd |
CY2022 | abl |
Life Settlement Contracts Obtained In Exchange For Long Term Debt
LifeSettlementContractsObtainedInExchangeForLongTermDebt
|
0 | usd |
CY2023 | abl |
Life Settlement Contracts Distributions To Affliates
LifeSettlementContractsDistributionsToAffliates
|
10191125 | usd |
CY2022 | abl |
Life Settlement Contracts Distributions To Affliates
LifeSettlementContractsDistributionsToAffliates
|
0 | usd |
CY2023 | abl |
Capital Distribution Payable
CapitalDistributionPayable
|
717429 | usd |
CY2022 | abl |
Capital Distribution Payable
CapitalDistributionPayable
|
0 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4035526 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
150000 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:120%;padding-left:14pt">DESCRIPTION OF BUSINESS</span><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 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 the Company. On the Closing Date, 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 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><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 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.</span></div> | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
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 |
CY2021Q1 | abl |
Number Of Providers Involved In Option Agreement
NumberOfProvidersInvolvedInOptionAgreement
|
2 | provider |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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%">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 reported 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 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></div> | |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
105935 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
0 | usd |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
507000 | usd |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
0 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2023 | abl |
Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
|
507000 | usd |
CY2022 | abl |
Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
|
0 | usd |
CY2023 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
0 | usd |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
0 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
507000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<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%">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, using historical experience applied to an aging of accounts, as well as management’s expectations of conditions in the future, as applicable.</span></div> | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
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 |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="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%">Reclassifications</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">—Certain prior period amounts have been reclassified to conform to current</span></div><div style="padding-left:22.5pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">presentation.</span></div> | |
CY2023Q4 | abl |
Life Settlement Contracts Number Of Contracts
LifeSettlementContractsNumberOfContracts
|
296 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts
LifeSettlementContractsFairValueMethodNumberOfContracts
|
287 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
9 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value
LifeSettlementContractsFairValueMethodFaceValue
|
520503710 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
122296559 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
33900000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
1697178 | usd |
CY2022Q4 | abl |
Life Settlement Contracts Number Of Contracts
LifeSettlementContractsNumberOfContracts
|
53 | insurance_contract |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
8716111 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInNextTwelveMonths
|
2 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Next Twelve Months
LifeSettlementContractsFairValueMethodFaceValueMaturingInNextTwelveMonths
|
383461 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Next Twelve Months
LifeSettlementContractsFairValueMaturingInNextTwelveMonths
|
315248 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Two
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearTwo
|
6 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Two
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearTwo
|
4391193 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Two
LifeSettlementContractsFairValueMaturingInYearTwo
|
1590513 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Three
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearThree
|
13 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Three
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearThree
|
20692550 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Three
LifeSettlementContractsFairValueMaturingInYearThree
|
10850243 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Four
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearFour
|
41 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Four
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearFour
|
66017222 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Four
LifeSettlementContractsFairValueMaturingInYearFour
|
22744161 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Year Five
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInYearFive
|
29 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing In Year Five
LifeSettlementContractsFairValueMethodFaceValueMaturingInYearFive
|
57814969 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing In Year Five
LifeSettlementContractsFairValueMaturingInYearFive
|
19326245 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts Maturing After Year Five
LifeSettlementContractsFairValueMethodNumberOfContractsMaturingAfterYearFive
|
196 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value Maturing After Year Five
LifeSettlementContractsFairValueMethodFaceValueMaturingAfterYearFive
|
371204315 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Maturing After Year Five
LifeSettlementContractsFairValueMaturingAfterYearFive
|
67470149 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Number Of Contracts
LifeSettlementContractsFairValueMethodNumberOfContracts
|
287 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Face Value
LifeSettlementContractsFairValueMethodFaceValue
|
520503710 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
122296559 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInNextTwelveMonths
|
0 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodFaceValueMaturingInNextTwelveMonths
|
0 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInNextTwelveMonths
|
0 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Two
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearTwo
|
1 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Two
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearTwo
|
500000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Two
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearTwo
|
329714 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Three
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearThree
|
2 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Three
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearThree
|
1500000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Three
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearThree
|
443544 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Four
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFour
|
1 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Four
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearFour
|
8000000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Four
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearFour
|
84199 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFive
|
2 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Five
LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearFive
|
500000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing In Year Five
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingInYearFive
|
320110 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing After Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingAfterYearFive
|
3 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing After Year Five
LifeSettlementContractsInvestmentMethodFaceValueMaturingAfterYearFive
|
23400000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount Maturing After Year Five
LifeSettlementContractsInvestmentMethodCarryingAmountMaturingAfterYearFive
|
519611 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
9 | insurance_contract |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Face Value
LifeSettlementContractsInvestmentMethodFaceValue
|
33900000 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
1697178 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInNextTwelveMonths
|
88039 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearTwo
|
100785 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearThree
|
78850 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFour
|
50388 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFive
|
32736 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidAfterYearFive
|
366103 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Five Year Disclosure Premiums To Be Paid
LifeSettlementContractsInvestmentMethodFiveYearDisclosurePremiumsToBePaid
|
716901 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
470482 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
25346 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
69762 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6729 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
400720 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
18617 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
63033 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
4282 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
|
32900000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
29300000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3364167 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
25935833 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3364167 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
6728333 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
5328333 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3911667 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
3895000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
2635000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
3437500 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
25935833 | usd |
CY2023Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
87297 | 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 |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1105935 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
105935 | usd |
CY2023Q4 | abl |
Number Of Entities In Which Equity Securities Without Readily Determinable Fair Value Are Held
NumberOfEntitiesInWhichEquitySecuritiesWithoutReadilyDeterminableFairValueAreHeld
|
2 | entity |
CY2023 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd |
CY2022 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
|
0 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468535 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
889943 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-482139 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
CY2023 | us-gaap |
Revenues
Revenues
|
66401451 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
44713552 | usd |
CY2023 | us-gaap |
Gross Profit
GrossProfit
|
59911074 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
38828883 | usd |
CY2023 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4905747 | usd |
CY2022 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2596140 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
26482571 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1426865 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3409928 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4282 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-146443 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-347013 | usd |
CY2023 | abl |
Gain Loss On Change In Fair Value Of Warrant Liability
GainLossOnChangeInFairValueOfWarrantLiability
|
-4204360 | usd |
CY2022 | abl |
Gain Loss On Change In Fair Value Of Warrant Liability
GainLossOnChangeInFairValueOfWarrantLiability
|
0 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
9866821 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
42798 | usd |
CY2023 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
594764 | usd |
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1474 | usd |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-2356058 | usd |
CY2022 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-90719 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1369112 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-1045623 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
704699 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9516626 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31682275 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
1697178 | usd |
CY2022Q4 | us-gaap |
Life Settlement Contracts Investment Method Carrying Amount
LifeSettlementContractsInvestmentMethodCarryingAmount
|
8716111 | usd |
CY2023Q4 | abl |
Sensitivity Analysis Of Fair Value Life Settlement Contracts Fair Value Impact Of2 Percent Positive Change In Discount Rate
SensitivityAnalysisOfFairValueLifeSettlementContractsFairValueImpactOf2PercentPositiveChangeInDiscountRate
|
111206993 | usd |
CY2023 | abl |
Sensitivity Analysis Of Fair Value Change In Life Settlement Contracts Fair Value Impact Of2 Percent Positive Change In Discount Rate
SensitivityAnalysisOfFairValueChangeInLifeSettlementContractsFairValueImpactOf2PercentPositiveChangeInDiscountRate
|
-11089566 | usd |
CY2023Q4 | us-gaap |
Life Settlement Contracts Fair Value Method Carrying Amount
LifeSettlementContractsFairValueMethodCarryingAmount
|
122296559 | usd |
CY2023Q4 | abl |
Sensitivity Analysis Of Fair Value Life Settlement Contracts Fair Value Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueLifeSettlementContractsFairValueImpactOf2PercentAdverseChangeInDiscountRate
|
130749053 | usd |
CY2023 | abl |
Sensitivity Analysis Of Fair Value Change In Life Settlement Contracts Fair Value Impact Of2 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueChangeInLifeSettlementContractsFairValueImpactOf2PercentAdverseChangeInDiscountRate
|
8452494 | usd |
CY2023 | abl |
Fair Value Option Change In Fair Value Gain Loss And Credit Risk Gains Losses On Assets
FairValueOptionChangeInFairValueGainLossAndCreditRiskGainsLossesOnAssets
|
-4028189 | usd |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
|
944463 | usd |
CY2023 | abl |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Equity Attributable To Noncontrolling Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEquityAttributableToNoncontrollingInterest
|
303867 | usd |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-2356058 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
28249653 | usd |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-2356058 | usd |
CY2023 | us-gaap |
Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
|
-1265103 | usd |
CY2023 | abl |
Fair Value Option Credit Risk Gains Losses On Assets Included In Equity Attributable To Noncontrolling Interest
FairValueOptionCreditRiskGainsLossesOnAssetsIncludedInEquityAttributableToNoncontrollingInterest
|
-407028 | usd |
CY2023 | abl |
Fair Value Option Change In Fair Value Gain Loss And Credit Risk Gains Losses On Assets
FairValueOptionChangeInFairValueGainLossAndCreditRiskGainsLossesOnAssets
|
-4028189 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1831910 | usd |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
139820514 | 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 |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1105935 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
1000000 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
105935 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
|
0 | usd |
CY2023Q4 | 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 |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | abl |
Number Of Votes Per Common Share
NumberOfVotesPerCommonShare
|
1 | vote |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
63388823 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
63242173 | shares |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
146650 | shares |
CY2023Q4 | 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 |
CY2023Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
15000000 | usd |
CY2023Q4 | us-gaap |
Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
|
P18M | |
CY2023Q4 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
13700000 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
0 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
0 | usd |
CY2023 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
146650 | shares |
CY2023 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1283062 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
8.82 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
146650 | shares |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
1283062 | usd |
CY2023Q4 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
8.82 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
6.16 | |
CY2023 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.04 | |
CY2023 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
183439 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
22559 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468535 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
889943 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.140 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.027 | |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
706686 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
195679 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
902365 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
469109 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
737376 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
97061 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
152567 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
566170 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
889943 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468535 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
889943 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
2205635 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
6988538 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
2069993 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
1414469 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
3812977 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
|
6147453 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-332567 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
174024 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-76018 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-125166 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468535 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
889943 | usd |
CY2023Q4 | abl |
Deferred Tax Assets Life Settlement Contracts Sales
DeferredTaxAssetsLifeSettlementContractsSales
|
1798639 | usd |
CY2022Q4 | abl |
Deferred Tax Assets Life Settlement Contracts Sales
DeferredTaxAssetsLifeSettlementContractsSales
|
109902 | usd |
CY2023Q4 | abl |
Deferred Tax Assets Warrant Liabilities
DeferredTaxAssetsWarrantLiabilities
|
1683658 | usd |
CY2022Q4 | abl |
Deferred Tax Assets Warrant Liabilities
DeferredTaxAssetsWarrantLiabilities
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
740657 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
598274 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
0 | usd |
CY2023Q4 | abl |
Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
|
455380 | usd |
CY2022Q4 | abl |
Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
|
0 | usd |
CY2023Q4 | abl |
Deferred Tax Assets Debt
DeferredTaxAssetsDebt
|
405804 | usd |
CY2022Q4 | abl |
Deferred Tax Assets Debt
DeferredTaxAssetsDebt
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
264196 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
21470 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
167554 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
5703882 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
541652 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
5703882 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
541652 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
7480659 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
0 | usd |
CY2023Q4 | abl |
Deferred Tax Liabilities Life Settlement Contracts Change In Fair Value
DeferredTaxLiabilitiesLifeSettlementContractsChangeInFairValue
|
4318194 | usd |
CY2022Q4 | abl |
Deferred Tax Liabilities Life Settlement Contracts Change In Fair Value
DeferredTaxLiabilitiesLifeSettlementContractsChangeInFairValue
|
1454588 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
2398987 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
0 | usd |
CY2023Q4 | abl |
Deferred Tax Liabilities Change In Fair Value Of Debt
DeferredTaxLiabilitiesChangeInFairValueOfDebt
|
0 | usd |
CY2022Q4 | abl |
Deferred Tax Liabilities Change In Fair Value Of Debt
DeferredTaxLiabilitiesChangeInFairValueOfDebt
|
450884 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
705133 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
14902973 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1905472 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
9199091 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1363820 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1893659 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
77011 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
118058 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
48127 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1796727 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
29268 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1914785 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
77395 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
207508 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
48784 | usd |
CY2023 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
16103 | usd |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
3664 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
223611 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
52448 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
201200 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
48399 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1782726 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y3D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y6M29D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0967 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0336 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
118058 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
471239 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
485402 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
499980 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
514946 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
530391 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2620016 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
705231 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1914785 | usd |
CY2023 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
146650 | shares |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
9516626 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9516626 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
31682275 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
31682275 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56951414 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50369350 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
816484 | shares |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57767898 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50369350 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 |