2023 Q1 Form 10-K Financial Statement

#000143774923005796 Filed on March 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $26.39M $14.08M $93.28M
YoY Change 1.02% -50.07% 1.65%
Cost Of Revenue $5.410M $20.90M
YoY Change 4.38% 6.96%
Gross Profit $20.98M $72.39M
YoY Change 0.19% 0.21%
Gross Profit Margin 79.5% 77.6%
Selling, General & Admin $12.62M $11.37M $51.58M
YoY Change -9.08% -23.76% -0.96%
% of Gross Profit 60.15% 71.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.0K -$467.0K $300.0K
YoY Change -87.5% -120.68% -91.89%
% of Gross Profit 0.48% 0.41%
Operating Expenses $25.88M $23.99M $96.85M
YoY Change 2.18% -3.73% 9.41%
Operating Profit $514.0K -$3.573M
YoY Change -35.67% -210.31%
Interest Expense $2.972M -$990.0K $8.092M
YoY Change -228.16% -52.9% -194.08%
% of Operating Profit 578.21%
Other Income/Expense, Net -$145.0K $5.212M -$206.0K
YoY Change -164.73% -2617.87% -92.61%
Pretax Income $28.43M -$5.606M $34.96M
YoY Change -1076.0% 8941.94% -704.37%
Income Tax $699.0K -$834.0K $4.825M
% Of Pretax Income 2.46% 13.8%
Net Earnings $27.84M -$8.369M $15.07M
YoY Change -1211.78% -1278.73% 709.95%
Net Earnings / Revenue 105.49% -59.44% 16.15%
Basic Earnings Per Share $1.15 $1.06
Diluted Earnings Per Share $1.05 -$0.32 $0.98
COMMON SHARES
Basic Shares Outstanding 25.05M 24.22M 22.96M
Diluted Shares Outstanding 26.42M 25.30M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $8.300M $64.20M $64.17M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $12.88M $14.02M $14.02M
YoY Change -41.99% -31.77% -31.77%
LONG-TERM ASSETS
Property, Plant & Equipment $704.0K $773.0K $1.684M
YoY Change -99.35% -99.29% -98.48%
Goodwill $45.49M $45.50M
YoY Change -58.74% -58.73%
Intangibles $31.68M $33.10M
YoY Change -70.31% -69.42%
Long-Term Investments $53.10M $58.13M $58.13M
YoY Change -8.4% -1.12% -1.12%
Other Assets $44.35M $45.80M $45.80M
YoY Change 54.86% 62.48% 62.48%
Total Long-Term Assets $188.4M $271.6M $271.6M
YoY Change -58.36% -40.31% -40.31%
TOTAL ASSETS
Total Short-Term Assets $12.88M $14.02M $14.02M
Total Long-Term Assets $188.4M $271.6M $271.6M
Total Assets $201.3M $285.7M $285.7M
YoY Change -57.59% -39.94% -39.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $27.84M $57.02M $57.02M
YoY Change -48.76% 13.81% 13.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $29.62M $57.96M $57.96M
YoY Change -45.89% 15.02% 15.02%
LONG-TERM LIABILITIES
Long-Term Debt $42.85M $102.1M $102.1M
YoY Change -85.23% -65.12% -65.12%
Other Long-Term Liabilities $98.76M $99.30M $99.30M
YoY Change 9.88% 11.3% 11.3%
Total Long-Term Liabilities $141.6M $201.4M $201.4M
YoY Change -62.73% -47.27% -47.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.62M $57.96M $57.96M
Total Long-Term Liabilities $141.6M $201.4M $201.4M
Total Liabilities $175.5M $263.5M $264.0M
YoY Change -62.07% -42.82% -44.41%
SHAREHOLDERS EQUITY
Retained Earnings -$342.6M -$370.4M
YoY Change -13.88% -6.26%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $492.0K
YoY Change 0.0%
Treasury Stock Shares $247.5K
Shareholders Equity $27.69M $15.67M $21.68M
YoY Change
Total Liabilities & Shareholders Equity $201.3M $285.7M $285.7M
YoY Change -57.59% -39.94% -39.94%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $27.84M -$8.369M $15.07M
YoY Change -1211.78% -1278.73% 709.95%
Depreciation, Depletion And Amortization $100.0K -$467.0K $300.0K
YoY Change -87.5% -120.68% -91.89%
Cash From Operating Activities -$6.663M -$22.46M -$14.57M
YoY Change -273.47% -1151.5% 146.68%
INVESTING ACTIVITIES
Capital Expenditures $5.000K
YoY Change -95.54%
Acquisitions $0.00 $13.69M
YoY Change -100.0% 36.85%
Other Investing Activities $0.00 $67.37M -$258.0K
YoY Change -100.0% -705.91% -34.02%
Cash From Investing Activities $6.251M $67.37M $100.9M
YoY Change -3442.78% -698.32% -1273.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$57.14M -26.93M -$37.93M
YoY Change 1396.7% -1081.27% 6924.44%
NET CHANGE
Cash From Operating Activities -$6.663M -22.46M -$14.57M
Cash From Investing Activities $6.251M 67.37M $100.9M
Cash From Financing Activities -$57.14M -26.93M -$37.93M
Net Change In Cash -$57.48M 17.99M $49.89M
YoY Change 34948.78% -381.9% -431.59%
FREE CASH FLOW
Cash From Operating Activities -$6.663M -$22.46M -$14.57M
Capital Expenditures $5.000K
Free Cash Flow -$6.668M
YoY Change -278.81%

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GainLossOnChangeInFairValueOfRealEstateInvestmentsAtFairValue
1488000 usd
CY2021 kfs Gain Loss On Change In Fair Value Of Real Estate Investments At Fair Value
GainLossOnChangeInFairValueOfRealEstateInvestmentsAtFairValue
0 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
16730000 usd
CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-206000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
16000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
8092000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
6161000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6133000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4837000 usd
CY2022 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-4908000 usd
CY2021 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-3201000 usd
CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
37917000 usd
CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2494000 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
38530000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-6156000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34957000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6630000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4825000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3916000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
30132000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2714000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-12805000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4574000 usd
CY2022 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-2262000 usd
CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 usd
CY2022 us-gaap Profit Loss
ProfitLoss
15065000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1860000 usd
CY2022 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-1471000 usd
CY2021 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
1660000 usd
CY2022 kfs Net Income Loss From Discontinued Operations Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossFromDiscontinuedOperationsAttributableToNonredeemableNoncontrollingInterest
-8186000 usd
CY2021 kfs Net Income Loss From Discontinued Operations Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossFromDiscontinuedOperationsAttributableToNonredeemableNoncontrollingInterest
542000 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
306000 usd
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
494000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24416000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-836000 usd
CY2022 kfs Net Income Loss From Continuing Operations Available To Common Stockholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersBasic
31297000 usd
CY2021 kfs Net Income Loss From Continuing Operations Available To Common Stockholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonStockholdersBasic
-4868000 usd
CY2022 kfs Net Income Loss From Discontinued Operations Available To Common Stockholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
-6881000 usd
CY2021 kfs Net Income Loss From Discontinued Operations Available To Common Stockholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
4032000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24416000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-836000 usd
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.36
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.22
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.30
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.18
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.25
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.22
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.27
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.18
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22961000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22537000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25304000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22537000
CY2022 us-gaap Profit Loss
ProfitLoss
15065000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1860000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2330000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-478000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-22000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-27000 usd
CY2022 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax
-1930000 usd
CY2021 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax
-6844000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4238000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7295000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
10827000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5435000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-9721000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2187000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20548000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7622000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12159000 usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
500000 usd
CY2021 kfs Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
1750000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1860000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
494000 usd
CY2021 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
2363000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7295000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2140000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8257000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
788000 usd
CY2022 kfs Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
545000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
15065000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
306000 usd
CY2022 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
6016000 usd
CY2022 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2193000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4238000 usd
CY2022 kfs Adjustments To Additional Paid In Capital Redemption Of Equity Awards Related To Disposal Of Subsidiary
AdjustmentsToAdditionalPaidInCapitalRedemptionOfEquityAwardsRelatedToDisposalOfSubsidiary
-1056000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
876000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16108000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
15065000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1860000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-12805000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
4574000 usd
CY2022 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-2262000 usd
CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-0 usd
CY2022 kfs Income Loss From Limited Liability Investments
IncomeLossFromLimitedLiabilityInvestments
293000 usd
CY2021 kfs Income Loss From Limited Liability Investments
IncomeLossFromLimitedLiabilityInvestments
27000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
6449000 usd
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
5067000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
4052000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
3598000 usd
CY2022 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1209000 usd
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1809000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-26000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-242000 usd
CY2022 kfs Gain Loss On Change In Fair Value Of Limited Liability Investments At Fair Value
GainLossOnChangeInFairValueOfLimitedLiabilityInvestmentsAtFairValue
-1754000 usd
CY2021 kfs Gain Loss On Change In Fair Value Of Limited Liability Investments At Fair Value
GainLossOnChangeInFairValueOfLimitedLiabilityInvestmentsAtFairValue
2391000 usd
CY2022 kfs Gain Loss On Change In Fair Value Of Real Estate Investments At Fair Value
GainLossOnChangeInFairValueOfRealEstateInvestmentsAtFairValue
1488000 usd
CY2021 kfs Gain Loss On Change In Fair Value Of Real Estate Investments At Fair Value
GainLossOnChangeInFairValueOfRealEstateInvestmentsAtFairValue
-0 usd
CY2022 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
-4908000 usd
CY2021 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
-3201000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
17070000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-14000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1510000 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
263000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1406000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2203000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-236000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-230000 usd
CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
37917000 usd
CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2494000 usd
CY2022 kfs Increase Decrease In Service Fee Receivables Net Adjusted For Assets Acquired
IncreaseDecreaseInServiceFeeReceivablesNetAdjustedForAssetsAcquired
136000 usd
CY2021 kfs Increase Decrease In Service Fee Receivables Net Adjusted For Assets Acquired
IncreaseDecreaseInServiceFeeReceivablesNetAdjustedForAssetsAcquired
791000 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
7000 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-75000 usd
CY2022 kfs Increase Decrease In Deferred Contract Costs
IncreaseDecreaseInDeferredContractCosts
2327000 usd
CY2021 kfs Increase Decrease In Deferred Contract Costs
IncreaseDecreaseInDeferredContractCosts
2095000 usd
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2067000 usd
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
387000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-6504000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2354000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
15916000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
6647000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2629000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6478000 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-11945000 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-12386000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14574000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5908000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
9714000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
6251000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
0 usd
CY2021 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
23000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
14211000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
21868000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
1577000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
2664000 usd
CY2022 kfs Payments For Proceeds From Limited Liability Investments At Fair Value
PaymentsForProceedsFromLimitedLiabilityInvestmentsAtFairValue
-621000 usd
CY2021 kfs Payments For Proceeds From Limited Liability Investments At Fair Value
PaymentsForProceedsFromLimitedLiabilityInvestmentsAtFairValue
-17006000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-258000 usd
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-391000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
12150000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2022 kfs Proceeds From Payments For Sale And Maturity Of Other Investments
ProceedsFromPaymentsForSaleAndMaturityOfOtherInvestments
55000 usd
CY2021 kfs Proceeds From Payments For Sale And Maturity Of Other Investments
ProceedsFromPaymentsForSaleAndMaturityOfOtherInvestments
38000 usd
CY2022 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
35158000 usd
CY2021 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13689000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
10003000 usd
CY2022 us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
-0 usd
CY2021 us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
2635000 usd
CY2022 kfs Payments For Proceeds From Property Plant And Equipment
PaymentsForProceedsFromPropertyPlantAndEquipment
-26461000 usd
CY2021 kfs Payments For Proceeds From Property Plant And Equipment
PaymentsForProceedsFromPropertyPlantAndEquipment
830000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
58094000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8963000 usd
CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
42846000 usd
CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
365000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
100940000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8598000 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
545000 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1750000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6016000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2363000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
750000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
-0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
396000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
499000 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
12682000 usd
CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
6240000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5228000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4914000 usd
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
6411000 usd
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
9474000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-5574000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-9260000 usd
CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-32358000 usd
CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
8720000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37932000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-540000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49891000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11745000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
29899000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
44945000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
2558000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
5859000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27341000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39086000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77232000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27341000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1427000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
821000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
501000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
243000 usd
CY2022 kfs Noncash Or Part Noncash Acquisition Contingent Consideration Assumed
NoncashOrPartNoncashAcquisitionContingentConsiderationAssumed
0 usd
CY2021 kfs Noncash Or Part Noncash Acquisition Contingent Consideration Assumed
NoncashOrPartNoncashAcquisitionContingentConsiderationAssumed
2195000 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
788000 usd
CY2021 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
500000 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
306000 usd
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
340000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b><a href="#" id="n1" title="n1"/>NOTE <em style="font: inherit;">1</em> BUSINESS </b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Kingsway Financial Services Inc. (the "Company" or "Kingsway") was incorporated under the Business Corporations Act (Ontario) on <em style="font: inherit;"> September 19, 1989. </em>Effective <em style="font: inherit;"> December 31, 2018, </em>the Company changed its jurisdiction of incorporation from the province of Ontario, Canada, to the State of Delaware. Kingsway is a holding company with operating subsidiaries located in the United States. The Company owns or controls subsidiaries primarily in the extended warranty and business services industries.</p>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"/> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"><tbody><tr style="vertical-align: top;"><td style="width: 36pt;"> <p style="font-family: Times New Roman;font-size: 10pt;font-variant:normal;margin:0pt;"><b>(b)</b></p> </td><td style="width: auto;"> <p style="font-family: Times New Roman;font-size: 10pt;font-variant:normal;margin:0pt;"><b>Use of estimates:</b></p> </td></tr> </tbody></table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts and classification of assets and liabilities, revenues and expenses, and the related disclosures of contingent assets and liabilities in the consolidated financial statements and accompanying notes. Actual results could differ from these estimates. Estimates and their underlying assumptions are reviewed on an ongoing basis. Changes in estimates are recorded in the accounting period in which they are determined.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The critical accounting estimates and assumptions in the accompanying consolidated financial statements include, but are <em style="font: inherit;">not</em> limited to, revenue recognition; valuation of fixed maturities and equity investments; impairment assessment of investments; valuation of limited liability investments, at fair value; valuation of deferred income taxes; accounting for business combinations and asset acquisitions; valuation and impairment assessment of intangible assets; goodwill recoverability; deferred contract costs; fair value assumptions for subordinated debt obligations; fair value assumptions for subsidiary stock-based compensation awards<span style="background-color:#ffffff;">; </span>fair value assumptions for <span style="background-color:#ffffff;">derivative instruments and contingent consideration.</span></p>
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CY2022 kfs Realized Investment Gains
RealizedInvestmentGains
1648000 usd
CY2021 kfs Realized Investment Gains
RealizedInvestmentGains
1917000 usd
CY2022 kfs Realized Investment Losses
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439000 usd
CY2021 kfs Realized Investment Losses
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108000 usd
CY2022 us-gaap Realized Investment Gains Losses
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1209000 usd
CY2021 us-gaap Realized Investment Gains Losses
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1809000 usd
CY2022 us-gaap Debt And Equity Securities Gain Loss
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0 usd
CY2021 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
13000 usd
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CY2022Q4 us-gaap Cash
Cash
48900000 usd
CY2021Q4 us-gaap Cash
Cash
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64200000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10100000 usd
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12
CY2022Q4 us-gaap Share Price
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0
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1100000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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2000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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2538000 usd
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37591000 usd
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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35889000 usd
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67000 usd
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
290000 usd
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
35666000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
7163000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
7034000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
26317000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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2239000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
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CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
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4408000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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40127000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
37591000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
208 pure
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
138 pure
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
556000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
242000 usd
CY2022 us-gaap Investment Income Dividend
InvestmentIncomeDividend
159000 usd
CY2021 us-gaap Investment Income Dividend
InvestmentIncomeDividend
125000 usd
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
293000 usd
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
27000 usd
CY2022 kfs Income Loss From Limited Partnership Investments At Fair Value
IncomeLossFromLimitedPartnershipInvestmentsAtFairValue
4000 usd
CY2021 kfs Income Loss From Limited Partnership Investments At Fair Value
IncomeLossFromLimitedPartnershipInvestmentsAtFairValue
106000 usd
CY2022 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
795000 usd
CY2021 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
800000 usd
CY2022 us-gaap Interest Income Other
InterestIncomeOther
612000 usd
CY2021 us-gaap Interest Income Other
InterestIncomeOther
364000 usd
CY2022 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
2419000 usd
CY2021 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
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CY2022 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
114000 usd
CY2021 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
89000 usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
2305000 usd
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
1575000 usd
CY2021 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-255000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-26000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-242000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
7900000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
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CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
55327000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22228000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
33099000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
50823000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19990000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
30833000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6100000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
5600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
4300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
3100000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
2200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
1600000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
2000000.0 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1814000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1041000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
773000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3336000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2235000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1101000 usd
CY2022 us-gaap Depreciation
Depreciation
300000 usd
CY2021 us-gaap Depreciation
Depreciation
200000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1000000.0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
300000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
500000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
756000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
14485000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2606000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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125308000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
102092000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
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103256000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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124097000 usd
CY2021Q4 us-gaap Long Term Debt
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94101000 usd
CY2021Q4 us-gaap Long Term Debt Fair Value
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94825000 usd
CY2022 us-gaap Subordinated Liabilities Period Increase Decrease
SubordinatedLiabilitiesPeriodIncreaseDecrease
6800000 usd
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OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax
-1900000 usd
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CY2021 us-gaap Subordinated Liabilities Period Increase Decrease
SubordinatedLiabilitiesPeriodIncreaseDecrease
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-6800000 usd
CY2021 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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-3200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
438000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
405000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
231000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
167000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
107000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1365000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
148000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1217000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y6M25D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78401000 usd
CY2022 kfs Percentage Of Deferred Service Fees
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CY2021Q4 us-gaap Capitalized Contract Cost Net
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CY2021 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
106000 usd
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IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
215000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
867000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
649000 usd
CY2022 kfs Effective Income Tax Rate Reconciliation Investment Income Nontaxable
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CY2021 kfs Effective Income Tax Rate Reconciliation Investment Income Nontaxable
EffectiveIncomeTaxRateReconciliationInvestmentIncomeNontaxable
-253000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
338000 usd
CY2022 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
3268000 usd
CY2021 us-gaap Income Tax Reconciliation Disposition Of Business
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CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
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CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
524000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
353000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
155000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4825000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3916000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
137155000 usd
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