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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 19,713 $ 15,972
Accounts receivable, net 53,025 46,914
Prepaid expenses and other current assets 2,941 3,631
Total current assets 75,679 66,517
Property and equipment, net 2,734 2,795
Operating lease right-of-use assets 2,479 2,900
Goodwill 3,752 3,760
Intangible assets, net 2,123 2,255
Deferred income taxes 4,142 4,201
Other assets 1,484 1,601
Total assets 92,393 84,029
Liabilities and equity    
Accounts payable 9,232 7,859
Accrued expenses and other current liabilities 19,276 18,745
Due to affiliates 4,569 3,775
Customer incentives and deposits 4,295 1,799
Lines of credit and short-term loans 12,940 9,329
Current portion of operating lease liabilities 960 1,398
Total current liabilities 51,272 42,905
Operating lease liabilities, less current portion 1,519 1,502
Long-term debt and other liabilities 1,000 1,000
Total liabilities 53,791 45,407
Commitments and contingencies – See Note 8
Equity:    
Preferred stock, $.01 par value: Authorized and available shares– 2,445,598 Issued and outstanding shares – None – Balance at March 31, 2021 and December 31, 2020
Common stock, $.01 par value: Authorized shares – 47,000,000 Issued shares – 21,253,483 – Balance at March 31, 2021, and 21,122,312 – December 31, 2020 212 211
Treasury stock, at cost 1,697 shares – Balance at March 31, 2021 and December 31, 2020 (2) (2)
Additional paid-in capital 16,678 16,645
Accumulated other comprehensive loss (4,111) (3,913)
Retained earnings 10,135 9,218
Total SPAR Group, Inc. equity 22,912 22,159
Non-controlling interest 15,690 16,463
Total equity 38,602 38,622
Total liabilities and equity $ 92,393 $ 84,029