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Note 15 - Segment Information
 12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

Note 15 – Segment Information

 

Management determined HQI is a single reporting segment. The following table presents significant expenses regularly reviewed by our CODM when determining resource allocation and assessing performance: 

 

  

Year ended

 
  

December 31,

  

December 31,

 

(in thousands)

  2024   2023 

Total revenue

 $34,598  $37,882 

Salaries and benefits

  (10,103)  (11,473)

Goodwill and intangible asset impairment charge

  (6,035)  - 

Workers' compensation, net

  (1,953)  (3,678)

Depreciation and amortization

  (2,789)  (2,793)

Interest income

  556   263 

Acquisition related charges, net

  28   (2,344)

Stock based compensation

  (1,759)  (1,683)

Interest and other financing expense

  (923)  (1,386)

Provision for credit losses

  (424)  (540)

Other costs, net

  (7,050)  (6,468)

Net income before income taxes and discontinued operations

  4,146   7,780 

Provision for income taxes

  (221)  (1,345)

Loss from discontinued operations, net of tax

  (253)  (300)

Net income

 $3,672  $6,135 

 

Other costs consist primarily of selling, general, and administrative costs and includes marketing and advertising, computer expenses, and legal and professional fees.