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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 19,652 $ 10,719
Accounts receivable, net 37,777 59,776
Prepaid expenses and other current assets 3,078 5,614
Total current assets 60,507 76,109
Property and equipment, net 2,142 2,871
Operating lease right-of-use assets 838 2,323
Goodwill 1,238 1,382
Intangible assets, net 693 1,180
Deferred income taxes, net 0 4,687
Other assets 1,978 1,729
Total assets 67,396 90,281
Accrued expenses and other current liabilities 3,713 15,274
Customer incentives and deposits 1,678 1,905
Lines of credit and short-term loans 18,538 17,530
Current portion of operating lease liabilities 508 1,163
Total current liabilities 34,280 48,565
Operating lease liabilities, net of current portion 330 1,160
Long-term debt 1,707 310
Deferred income taxes, net 1,538 0
Total liabilities 37,855 50,035
Commitments and contingencies – See Note 4
Stockholders' equity:    
Common stock, $0.01 par value per share: 47,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 23,448,675 and 23,446,444 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 234 232
Treasury stock, at cost, 1,205,485 shares as of September 30, 2024 and 205,485 as of December 31, 2023 (2,075) (285)
Additional paid-in capital 13,151 21,004
Accumulated other comprehensive loss (2,022) (3,341)
Retained earnings 20,007 10,609
Total stockholders' equity attributable to SPAR Group, Inc. 29,295 28,226
Non-controlling interest 246 12,020
Total stockholders’ equity 29,541 40,246
Total liabilities and stockholders’ equity 67,396 90,281
Series B Preferred Stock [Member]    
Stockholders' equity:    
Convertible preferred stock 0 7
Nonrelated Parties [Member]    
Assets    
Accounts payable 9,220 9,488
Related Parties [Member]    
Assets    
Accounts payable $ 623 $ 3,205