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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 2,087 $ 2,219
Accounts receivable, net of allowance of $278 and $275 42,218 42,348
Notes receivable 1,501 1,166
Prepaid expenses, deposits, and other assets 3,627 2,413
Prepaid workers' compensation 1,207 1,094
Total current assets 50,640 49,240
Property and equipment, net 4,134 4,149
Workers’ compensation claim payment deposit 1,127 1,127
Franchise agreements, net 19,311 19,737
Other intangible assets, net 8,171 8,442
Goodwill 1,633 1,633
Deferred tax asset 1,793 2,073
Other assets 50 57
Notes receivable, net of current portion and allowance of $876 thousand and $773 thousand, respectively 5,987 6,664
Intangible asset held for sale - discontinued operations 891 891
Total assets 93,737 94,013
Current liabilities    
Accounts payable 329 174
Line of credit 5,456 6,829
Term loan payable 0 88
Other current liabilities 1,790 2,018
Accrued payroll, benefits, and payroll taxes 2,900 2,557
Due to franchisees 7,774 7,579
Risk management incentive program liability 1,652 1,252
Workers' compensation claims liability 3,367 3,599
Total current liabilities 23,268 24,096
Workers' compensation claims liability, net of current portion 2,503 2,707
Franchisee deposits 2,402 2,406
Total liabilities 28,173 29,209
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock - $0.001 par value, 1,000,000 shares authorized; none issued 0 0
Common stock - $0.001 par value, 30,000,000 shares authorized; 14,076,900 and 14,072,804 shares issued, respectively 14 14
Additional paid-in capital 36,525 36,286
Treasury stock, at cost - 43,849 shares (146) (146)
Retained earnings 29,171 28,650
Total stockholders' equity 65,564 64,804
Total liabilities and stockholders' equity $ 93,737 $ 94,013