Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue    
Total revenue $ 29,430 $ 33,510
Expenses    
Compensation and benefits 16,498 18,659
General and administrative 6,181 588
Total expenses 22,679 18,071
Income before other (expense) income, net 6,751 15,439
Other (expense) income, net    
Other (expense) income, net 45 8
Interest income 19 1
Interest expense (116) (78)
Total other (expense) income, net (52) (69)
Income before provision for income taxes 6,699 15,370
Provision for income taxes 1,389 2,974
Net income 5,310 12,396
Less: net income attributable to non-controlling interests (2,106) (4,828)
Net income attributable to Silvercrest $ 3,204 $ 7,568
Net income per share:    
Basic $ 0.34 $ 0.77
Diluted $ 0.33 $ 0.77
Weighted average shares outstanding:    
Basic 9,548,766 9,869,444
Diluted 9,577,901 9,891,148
Management and Advisory Fees    
Revenue    
Total revenue $ 28,368 $ 32,448
Family Office Services    
Revenue    
Total revenue $ 1,062 $ 1,062