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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 11,253 $ 9,345
Accounts receivable, net 63,645 63,714
Prepaid expenses and other current assets 6,821 7,861
Total current assets 81,719 80,920
Property and equipment, net 3,201 3,261
Operating lease right-of-use assets 1,140 969
Goodwill 1,711 1,708
Intangible assets, net 1,730 2,040
Deferred income taxes, net 4,027 3,766
Other assets 1,816 1,934
Total assets 95,344 94,598
Liabilities and stockholders' equity    
Accrued expenses and other current liabilities 19,026 20,261
Customer incentives and deposits 2,182 2,399
Lines of credit and short-term loans 18,585 17,980
Current portion of operating lease liabilities 457 363
Total current liabilities 53,598 54,555
Operating lease liabilities, net of current portion 683 606
Long-term debt and other liabilities 1,204 1,376
Total liabilities 55,485 56,537
Commitments and contingencies – See Note 5
Stockholders' equity:    
Common stock, $0.01 par value per share: 47,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 23,473,611 and 23,059,138 shares issued as of March 31, 2023 and December 31, 2022, respectively; 23,268,126 shares and 22,853,653 shares outstanding as of March 31, 2023 and December 31, 2022, respectively 233 229
Treasury stock, at cost, 205,485 shares and 205,485 shares as of March 31, 2023 and December 31, 2022, respectively (285) (285)
Additional paid-in capital 20,884 20,708
Accumulated other comprehensive loss (4,856) (4,941)
Retained earnings 7,573 6,707
Total stockholders' equity attributable to SPAR Group, Inc. 23,556 22,427
Non-controlling interest 16,303 15,634
Total stockholders’ equity 39,859 38,061
Total liabilities and stockholders’ equity 95,344 94,598
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock 0 0
Preferred stock 0 0
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock 7 9
Preferred stock (7) (9)
Nonrelated Party [Member]    
Liabilities and stockholders' equity    
Accounts payable 10,493 10,588
Related Party [Member]    
Liabilities and stockholders' equity    
Accounts payable $ 2,855 $ 2,964