| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Margin interest, marketing and distribution fees | |||||||||
11,121 | 10,928 | 6,600 | - | - | - | - | - | - | - |
Commissions and fees | |||||||||
8,302 | 9,504 | 4,801 | - | - | - | - | - | - | - |
Principal transactions | |||||||||
8,061 | 9,020 | 1,639 | - | - | - | - | - | - | - |
Advisory fees | |||||||||
801 | 478 | 51 | - | - | - | - | - | - | - |
Commissions and fees | |||||||||
- | - | - | 8,294 | 9,155 | 10,757 | 11,945 | 14,630 | 14,314 | 17,144 |
Investment banking | |||||||||
- | - | - | 46 | 40 | 1,830 | 2,418 | 3,917 | 3,801 | 2,238 |
Trading profits | |||||||||
- | - | - | 921 | 575 | 1,351 | 1,976 | 2,360 | 2,005 | 1,237 |
Gain on the disposition of business to former affiliate | |||||||||
- | - | - | - | 0 | 1,820 | 0 | 0 | - | - |
Interest and other income | |||||||||
308 | 106 | 19 | 551 | 326 | 94 | 62 | 76 | 79 | 151 |
Total revenue | |||||||||
28,593 | 30,036 | 13,110 | 9,812 | 10,096 | 15,852 | 16,401 | 20,983 | 20,199 | 20,770 |
Expenses | |||||||||
Employee compensation and benefits | |||||||||
12,946 | 13,817 | 5,075 | 4,883 | 5,386 | 8,267 | 9,262 | 10,045 | 9,993 | 9,189 |
Clearing fees, including execution costs | |||||||||
2,793 | 2,852 | 1,031 | 866 | 1,239 | 1,665 | 2,382 | 2,742 | 2,842 | 3,139 |
Other general and administrative | |||||||||
2,454 | 1,859 | 1,510 | 1,686 | 1,724 | 2,033 | 2,245 | 2,374 | 3,051 | 2,851 |
Professional fees | |||||||||
1,912 | 1,963 | 2,135 | 3,458 | 3,200 | 4,310 | 5,293 | 3,106 | 5,057 | 6,517 |
Rent and occupancy | |||||||||
1,401 | 988 | 437 | 746 | 776 | 788 | 1,046 | 907 | 1,095 | 1,274 |
Technology and communications | |||||||||
1,215 | 1,008 | 410 | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
983 | 144 | 115 | - | - | - | - | - | - | - |
Referral fees | |||||||||
86 | - | - | - | - | - | - | - | - | - |
Impairment of intangibles | |||||||||
- | - | - | - | - | - | 300 | 300 | 0 | 150 |
Write off of software development costs | |||||||||
- | - | - | - | - | - | - | 433 | 0 | 0 |
Interest expense | |||||||||
10 | - | - | 0 | - | - | - | - | - | - |
Communications | |||||||||
- | - | - | 462 | 595 | 865 | 1,296 | 1,601 | 2,144 | 2,359 |
Professional fees and other expenses related to change in control | |||||||||
- | - | - | 2,206 | 0 | 0 | - | - | - | - |
Loss related to arbitration settlement | |||||||||
- | - | - | 825 | 0 | 4,300 | 0 | 0 | - | - |
Advertising and promotion | |||||||||
2 | 45 | 87 | 258 | 268 | 248 | 405 | 418 | 402 | 400 |
Provision for loss related to settlement of litigation | |||||||||
- | - | - | - | - | - | - | - | -1,000 | 0 |
Total expenses | |||||||||
23,802 | 22,676 | 10,800 | 15,390 | 13,188 | 22,476 | 22,229 | 21,926 | 25,584 | 25,879 |
Loss before items shown below | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Loss from continuing operations | |||||||||
- | - | - | -5,578 | -3,092 | -6,624 | -5,828 | - | - | - |
Loss from continuing operations | |||||||||
- | - | - | - | -2,817 | -6,597 | -5,847 | - | - | - |
Share of income (loss) from former affiliate, including $ 564,000 loss related to disposal of investment for the three and nine month periods, and net of income tax of $ 92,000 for the nine month period. | |||||||||
- | - | - | - | -52 | 40 | -65 | - | - | - |
Loss from equity method investment in related party | |||||||||
-66 | - | - | - | - | - | - | -806 | -29 | -4,078 |
Income before provision (benefit) for (from) income taxes | |||||||||
- | - | - | -5,578 | -2,869 | -6,557 | -5,912 | - | - | - |
Income before provision (benefit) for (from) income taxes | |||||||||
4,725 | 7,360 | 2,310 | - | - | - | - | - | - | - |
Income before provision for income taxes | |||||||||
- | - | - | - | - | - | - | -137 | -5,356 | -1,031 |
Provision (benefit) for (from) income taxes | |||||||||
1,118 | -4,602 | 153 | 0 | -275 | -27 | 19 | 34 | 23 | 1,609 |
Net income | |||||||||
3,607 | 11,962 | 2,157 | - | - | - | - | -171 | -5,379 | -2,640 |
Net loss per share of common stock Continuing operations | |||||||||
- | - | - | - | 0.13 | 0.30 | 0.27 | - | - | - |
Net loss per share of common stock Discontinued operations | |||||||||
- | - | - | - | 0.00 | 0.00 | 0.00 | - | - | - |
Net income per share of common stock Basic and diluted | |||||||||
0.13 | 0.44 | 0.10 | -0.25 | 0.13 | 0.30 | 0.27 | -0.01 | -0.24 | -0.12 |
Weighted average shares outstanding Basic and diluted | |||||||||
27,157 | 27,157 | 22,507 | 22,085 | 22,085 | 22,085 | 22,087 | 22,100 | 22,114 | 22,167 |