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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash $ 2,219 $ 1,342
Accounts receivable, net of allowance of $275 thousand and $199 thousand, respectively 42,348 44,394
Notes receivable 1,166 1,788
Prepaid expenses, deposits, and other assets 2,413 3,283
Prepaid workers' compensation 1,094 646
Total current assets 49,240 51,453
Property and equipment, net 4,149 4,280
Workers’ compensation claim payment deposit 1,127 1,469
Franchise agreements, net 19,737 21,440
Other intangible assets, net 8,442 10,162
Goodwill 1,633 5,870
Deferred tax asset 2,073 325
Other assets 57 102
Notes receivable, net of current portion and allowance of $773 thousand and $623 thousand, respectively 6,664 7,834
Intangible assets held for sale - discontinued operations 891 891
Total assets 94,013 103,826
Current liabilities    
Accounts payable 174 137
Line of credit 6,829 14,119
Term loans payable 88 514
Other current liabilities 2,018 2,338
Accrued wages, benefits and payroll taxes 2,557 4,286
Due to franchisee 7,579 9,881
Risk management incentive program liability 1,252 565
Workers' compensation claims liability 3,599 3,871
Total current liabilities 24,096 35,711
Term loans payable, net of current portion 0 132
Workers' compensation claims liability, net of current portion 2,707 2,766
Franchisee deposits 2,406 2,485
Total liabilities 29,209 41,094
Commitments and contingencies (Note 12)
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; 14,073 and 13,997 shares issued, respectively 14 14
Additional paid-in capital 36,286 34,527
Treasury stock, at cost - 44 shares (146) (146)
Retained earnings 28,650 28,337
Total stockholders' equity 64,804 62,732
Total liabilities and stockholders' equity $ 94,013 $ 103,826