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Note 9 - Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2024
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 35,494 |  |  | $ | 53,796 |  |  | $ | 144,189 |  |  | $ | 154,457 |
APAC |  |  | 2,294 |  |  |  | 5,674 |  |  |  | 11,305 |  |  |  | 17,432 |
EMEA |  |  | - |  |  |  | 7,863 |  |  |  | 8,277 |  |  |  | 25,760 |
Total net revenues |  | $ | 37,788 |  |  | $ | 67,333 |  |  | $ | 163,771 |  |  | $ | 197,649 |
Operating (loss) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | (1,089 | ) |  | $ | 1,328 |  |  | $ | 14,569 |  |  | $ | 5,894 |
APAC |  |  | (403 | ) |  |  | (218 | ) |  |  | (822 | ) |  |  | (510 | )
EMEA |  |  | - |  |  |  | 431 |  |  |  | 227 |  |  |  | 1,304 |
Total operating (loss) income |  | $ | (1,492 | ) |  | $ | 1,541 |  |  | $ | 13,974 |  |  | $ | 6,688 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 581 |  |  | $ | 264 |  |  | $ | 1,577 |  |  | $ | 895 |
APAC |  |  | 1 |  |  |  | 31 |  |  |  | 24 |  |  |  | 47 |
EMEA |  |  | - |  |  |  | 85 |  |  |  | 77 |  |  |  | 306 |
Total interest expense |  | $ | 582 |  |  | $ | 380 |  |  | $ | 1,678 |  |  | $ | 1,248 |
Other expense (income), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | (807 | ) |  | $ | 5 |  |  | $ | (1,101 | ) |  | $ | 22 |
APAC |  |  | 556 |  |  |  | (59 | ) |  | $ | 572 |  |  |  | (69 | )
EMEA |  |  | 723 |  |  |  | (110 | ) |  |  | 713 |  |  |  | (300 | )
Total other expense (income), net |  | $ | 472 |  |  | $ | (164 | ) |  | $ | 184 |  |  | $ | (347 | )
(Loss) Income before income tax expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | (82 | ) |  | $ | 1,059 |  |  | $ | 13,666 |  |  | $ | 4,977 |
APAC |  |  | (1,752 | ) |  |  | (190 | ) |  |  | 209 |  |  |  | (488 | )
EMEA |  |  | (712 | ) |  |  | 456 |  |  |  | (1,763 | ) |  |  | 1,298 |
Total (loss) income before income tax expense |  | $ | (2,546 | ) |  | $ | 1,325 |  |  | $ | 12,112 |  |  | $ | 5,787 |
Income tax (benefit) expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | (1,827 | ) |  | $ | (163 | ) |  | $ | 1,220 |  |  | $ | 1,068 |
APAC |  |  | (166 | ) |  |  | 45 |  |  |  | (126 | ) |  |  | 8 |
EMEA |  |  | (321 | ) |  |  | 345 |  |  |  | (6 | ) |  |  | 730 |
Total income tax (benefit) expense |  | $ | (2,314 | ) |  | $ | 227 |  |  | $ | 1,088 |  |  | $ | 1,806 |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net (loss) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 1,745 |  |  | $ | 1,222 |  |  | $ | 12,446 |  |  | $ | 3,909 |
APAC |  |  | (1,586 | ) |  |  | (235 | ) |  |  | 335 |  |  |  | (496 | )
EMEA |  |  | (391 | ) |  |  | 111 |  |  |  | (1,757 | ) |  |  | 568 |
Total net (loss) income |  | $ | (232 | ) |  | $ | 1,098 |  |  | $ | 11,024 |  |  | $ | 3,981 |
Net loss (income) attributable to non-controlling interest |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 104 |  |  | $ | (604 | ) |  | $ | (658 | ) |  | $ | (1,484 | )
APAC |  |  | (16 | ) |  |  | 5 |  |  |  | 30 |  |  |  | (11 | )
EMEA |  |  | - |  |  |  | (240 | ) |  |  | (286 | ) |  |  | (722 | )
Total net loss (income) attributable to non-controlling interest |  | $ | 88 |  |  | $ | (839 | ) |  | $ | (914 | ) |  | $ | (2,217 | )
Net (loss) income attributable to SPAR Group, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 1,849 |  |  | $ | 618 |  |  | $ | 11,788 |  |  | $ | 2,425 |
APAC |  |  | (1,602 | ) |  |  | (230 | ) |  |  | 365 |  |  |  | (507 | )
EMEA |  |  | (391 | ) |  |  | (129 | ) |  |  | (2,043 | ) |  |  | (154 | )
Total net (loss) income attributable to SPAR Group, Inc. |  | $ | (144 | ) |  | $ | 259 |  |  | $ | 10,110 |  |  | $ | 1,764 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 445 |  |  | $ | 472 |  |  | $ | 1,348 |  |  | $ | 1,402 |
APAC |  |  | 9 |  |  |  | 36 |  |  |  | 64 |  |  |  | 60 |
EMEA |  |  | - |  |  |  | 40 |  |  |  | 31 |  |  |  | 112 |
Total depreciation and amortization |  | $ | 454 |  |  | $ | 548 |  |  | $ | 1,443 |  |  | $ | 1,574 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 127 |  |  | $ | 286 |  |  | $ | 903 |  |  | $ | 946 |
APAC |  |  | – |  |  |  | 30 |  |  |  | – |  |  |  | 37 |
EMEA |  |  | – |  |  |  | 49 |  |  |  | 5 |  |  |  | 100 |
Total capital expenditures |  | $ | 127 |  |  | $ | 365 |  |  | $ | 908 |  |  | $ | 1,083 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Assets: |  |  |  |  |  |  |  |
Americas |  | $ | 62,634 |  |  | $ | 71,372 |
APAC |  |  | 4,762 |  |  |  | 13,361 |
EMEA |  |  | – |  |  |  | 5,548 |
Total assets |  | $ | 67,396 |  |  | $ | 90,281 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] |
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Long lived assets: |  |  |  |  |  |  |  |
Americas |  | $ | 4,073 |  |  | $ | 4,585 |
APAC |  |  | – |  |  |  | 1,015 |
EMEA |  |  | – |  |  |  | 745 |
Total long lived assets |  | $ | 4,073 |  |  | $ | 6,345 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |  |  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  |  |  |  |  | consolidated |  |  |  |  |  |  | consolidated |  |  |  |  |  |  | consolidated |  |  |  |  |  |  | consolidated |
|  |  |  |  |  | net revenue |  |  |  |  |  |  | net revenue |  |  |  |  |  |  | net revenue |  |  |  |  |  |  | net revenue |
United States |  | $ | 28,768 |  |  |  | 76.1 | % |  | $ | 28,722 |  |  |  | 42.7 | % |  | $ | 90,583 |  |  |  | 55.3 | % |  | $ | 81,004 |  |  |  | 41.0 | %
Brazil |  |  | - |  |  |  | 0.0 | % |  |  | 18,619 |  |  |  | 27.7 | % |  |  | 33,185 |  |  |  | 20.3 | % |  |  | 56,717 |  |  |  | 28.7 | %
South Africa |  |  | - |  |  |  | 0.0 | % |  |  | 7,863 |  |  |  | 11.7 | % |  |  | 8,277 |  |  |  | 5.1 | % |  |  | 25,759 |  |  |  | 13.0 | %
Mexico |  |  | 3,196 |  |  |  | 8.5 | % |  |  | 3,033 |  |  |  | 4.5 | % |  |  | 9,723 |  |  |  | 5.9 | % |  |  | 8,065 |  |  |  | 4.1 | %
China |  |  | - |  |  |  | 0.0 | % |  |  | 2,205 |  |  |  | 3.3 | % |  |  | 2,698 |  |  |  | 1.6 | % |  |  | 7,106 |  |  |  | 3.6 | %
Japan |  |  | 908 |  |  |  | 2.4 | % |  |  | 1,489 |  |  |  | 2.2 | % |  |  | 3,778 |  |  |  | 2.3 | % |  |  | 4,533 |  |  |  | 2.3 | %
Canada |  |  | 3,529 |  |  |  | 9.3 | % |  |  | 3,421 |  |  |  | 5.1 | % |  |  | 10,698 |  |  |  | 6.5 | % |  |  | 8,671 |  |  |  | 4.4 | %
India |  |  | 1,387 |  |  |  | 3.7 | % |  |  | 1,577 |  |  |  | 2.3 | % |  |  | 4,829 |  |  |  | 3.0 | % |  |  | 4,420 |  |  |  | 2.2 | %
Australia |  |  | - |  |  |  | 0.0 | % |  |  | 404 |  |  |  | 0.6 | % |  |  | - |  |  |  | 0.0 | % |  |  | 1,374 |  |  |  | 0.7 | %
Total net revenue |  | $ | 37,788 |  |  |  | 100.0 | % |  | $ | 67,333 |  |  |  | 100.0 | % |  | $ | 163,771 |  |  |  | 100.0 | % |  | $ | 197,649 |  |  |  | 100.0 | %

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