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Note 14 - Notes Receivable | 12 Months Ended
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Dec. 31, 2025
Notes to Financial Statements |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 14 – Notes Receivable Several franchisees borrowed funds from us primarily to finance the initial purchase price of office assets, including intangible assets. Notes outstanding, net of allowance for losses, were approximately $6.7 million and $7.8 million as of December 31, 2025 and December 31, 2024, respectively. Notes receivable generally bear interest at a fixed rate between 6.0% and 10.0%. Notes receivable are generally secured by the assets of each office and the ownership interests in the franchise. We report interest income on notes receivable as interest income in our consolidated statements of income. Interest income was approximately $511 thousand and $556 thousand during the year ended December 31, 2025 and December 31, 2024, respectively. Based on our review of the financial condition of the borrowers, the underlying collateral value, and the potential future impact of the economy on certain borrowers’ economic performance and estimated future cash flows, we have established an allowance of approximately $1.2 million and $773 thousand as of December 31, 2025 and December 31, 2024, respectively, for potentially uncollectible notes receivable from franchisees. The following table summarizes our notes receivable balance to franchisees:
(in thousands) |  |  | December 31, 2025 |  |  |  | December 31, 2024 |
Note receivable |  | $ | 7,898 |  |  | $ | 8,603 |
Allowance for losses |  |  | (1,226 | ) |  |  | (773 | )
Notes receivable, net |  | $ | 6,672 |  |  | $ | 7,830 |
The following table summarizes our allowance for credit losses at December 31, 2022, and changes during the years ended December 31, 2023 and December 31, 2024 (in thousands):
Allowance for credit losses at December 31, 2023 |  | $ | 623 |
Provision for credit losses during 2024 |  |  | 275 |
Writeoffs charged against the allowance |  |  | (125 | )
Allowance for credit losses at December 31, 2024 |  |  | 773 |
Provision for credit losses during 2025 |  |  | 582 |
Writeoffs charged against the allowance |  |  | (129 | )
Allowance for credit losses at December 31, 2025 |  | $ | 1,226 |

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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