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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 614 $ 1,342
Accounts receivable, net of allowance of $365 and $199 49,878 44,394
Notes receivable 1,863 1,788
Prepaid expenses, deposits, and other assets 3,665 3,283
Prepaid workers' compensation 1,630 646
Total current assets 57,650 51,453
Property and equipment, net 4,198 4,280
Workers’ compensation claim payment deposit 1,128 1,469
Deferred tax asset 326 325
Franchise agreements, net 20,588 21,440
Other intangible assets, net 9,936 10,162
Goodwill 5,870 5,870
Other assets 70 102
Notes receivable, net of current portion and allowance of $623 thousand 6,959 7,834
Intangible asset held for sale - discontinued operations 891 891
Total assets 107,616 103,826
Current liabilities    
Accounts payable 250 137
Line of credit 15,700 14,119
Term loans payable 348 514
Other current liabilities 1,794 2,338
Accrued payroll, benefits, and payroll taxes 3,595 4,286
Due to franchisees 10,625 9,881
Risk management incentive program liability 823 565
Workers' compensation claims liability 3,876 3,871
Total current liabilities 37,011 35,711
Term loan payable, net of current portion 0 132
Workers' compensation claims liability, net of current portion 2,775 2,766
Franchisee deposits 2,416 2,485
Total liabilities 42,202 41,094
Commitments and contingencies (Note 10)
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; 14,013 and 13,997 shares issued, respectively 14 14
Additional paid-in capital 35,227 34,527
Treasury stock, at cost - 40 shares (146) (146)
Retained earnings 30,319 28,337
Total stockholders' equity 65,414 62,732
Total liabilities and stockholders' equity $ 107,616 $ 103,826