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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 8,207 $ 3,049
Accounts receivable, net of allowance for doubtful accounts 48,118 45,728
Notes receivable 967 817
Prepaid expenses, deposits, and other assets 1,426 1,833
Prepaid workers' compensation 916 503
Total current assets 59,634 51,930
Property and equipment, net 4,388 4,353
Workers’ compensation claim payment deposit 1,469 1,231
Franchise agreements, net 22,718 23,144
Other intangible assets, net 10,543 10,690
Goodwill 5,870 5,870
Other assets 162 325
Notes receivable, net of current portion and reserve 4,363 2,675
Intangible asset held for sale - discontinued operations 1,405 3,065
Total assets 110,552 103,283
Current liabilities    
Accounts payable 207 448
Line of credit 21,214 12,543
Term loans payable 498 704
Other current liabilities 4,169 3,408
Accrued payroll, benefits, and payroll taxes 4,276 5,602
Due to franchisees 10,372 9,846
Risk management incentive program liability 1,116 877
Workers' compensation claims liability 3,041 3,352
Total current liabilities 44,893 36,780
Term loan payable, net of current portion 519 3,291
Deferred tax liability 195 60
Workers' compensation claims liability, net of current portion 2,173 2,573
Franchisee deposits 2,359 2,325
Total liabilities 50,139 45,029
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock - $0.001 par value, 1,000 shares authorized; none issued 0 0
Common stock - $0.001 par value, 30,000 shares authorized; 13,927 and 13,918 shares issued, respectively 14 14
Additional paid-in capital 33,206 32,844
Treasury stock, at cost - 40 shares (146) (146)
Retained earnings 27,339 25,542
Total stockholders' equity 60,413 58,254
Total liabilities and stockholders' equity $ 110,552 $ 103,283