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Overview and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Overview and Summary of Significant Accounting Policies

Disaggregation of revenue

		Three months ended								Six months ended
		June 30, 2021				June 30, 2020				June 30, 2021				June 30, 2020
HireQuest Direct		$	3,006,054			$	2,468,581			$	5,912,124			$	6,029,984
HireQuest			2,444,452				170,706				2,797,417				314,545
Total		$	5,450,506			$	2,639,287			$	8,709,541			$	6,344,529

Intangible assets

				June 30, 2021												December 31, 2020
		Estimated useful life		Gross				Accumulated amortization				Net				Gross				Accumulated amortization				Net
Finite-lived intangible assets:
Franchise agreements		15 years		$	19,916,453			$	(404,982	)		$	19,511,471			$	-			$	-			$	-
Internally developed software		3 to 10 years			667,948				-				667,948				342,697				-				342,697
Total finite-lived intangible assets				$	20,584,401			$	(404,982	)		$	20,179,419			$	342,697			$	-			$	342,697

Diluted common shares outstanding

		Three months ended								Six months ended
		June 30, 2021				June 30, 2020				June 30, 2021				June 30, 2020
Weighted average number of common shares used in basic net income per common share			13,611,207				13,547,950				13,607,009				13,540,599
Dilutive effects of unvested restricted stock and stock options			252,716				1,777				227,004				2,159
Weighted average number of common shares used in diluted net income per common share			13,863,924				13,549,727				13,834,013				13,542,758

Fair value of cash, notes receivable and accounts receivable

						Fair value
		Level				June 30, 2021				December 31, 2020
Cash			1			$	2,204,648			$	13,667,434
Notes receivable			2				4,308,370				7,618,191
Notes receivable - impaired			3				447,034				447,034
Accounts receivable			2				35,055,831				21,344,499

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