v3.25.1
Summary of Significant Accounting and Reporting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Revenues
 Year Ended December 31,
 20242023
2022
(in thousands)
Program fees$57,040 $64,092 $80,611 
Profit share
New certified loan originations52,979 66,113 95,733 
Change in estimated revenues(96,102)(22,812)(5,677)
Total profit share(43,123)43,301 90,056 
Claims administration and other service fees10,107 10,067 8,927 
Total revenue$24,024 $117,460 $179,594 
Schedules of Insurance Partners Contribution
The following table provides a summary of insurance partners contributing more than 10% of total revenue, excluding the profit share revenue change in estimate adjustments, for the years ended December 31, 2024, 2023 and 2022:
Year Ended December 31,
202420232022
Insurance partner A
34 %35 %35 %
Insurance partner B
12 %*11 %
Insurance partner C
**11 %
* Represents less than 10% of total revenue.