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Note 7 - Intangible Assets, Including Goodwill | 3 Months Ended
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Mar. 31, 2025
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | NOTE 7: INTANGIBLE ASSETS, INCLUDING GOODWILL Intangible Assets Intangible assets consisted of the following at March 31, 2025 and December 31, 2024:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
|  | Gross |  |  |  |  |  |  | Gross |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Carrying |  |  | Accumulated |
|  | Amount |  |  | Amortization |  |  | Amount |  |  | Amortization |
Technology platform |  | $ | 7,140 |  |  | $ | 3,253 |  |  | $ | 7,140 |  |  | $ | 3,041 |
Purchased and developed software |  |  | 14,384 |  |  |  | 5,559 |  |  |  | 13,780 |  |  |  | 5,006 |
Customer relationships |  |  | 13,910 |  |  |  | 4,673 |  |  |  | 13,910 |  |  |  | 4,350 |
Trademarks and trade names |  |  | 1,260 |  |  |  | 900 |  |  |  | 1,260 |  |  |  | 852 |
|  |  | 36,694 |  |  |  | 14,385 |  |  |  | 36,090 |  |  |  | 13,249 |
Accumulated amortization |  |  | 14,385 |  |  |  |  |  |  |  | 13,249 |  |  |  |  |
Net book value of amortizable intangible assets |  | $ | 22,309 |  |  |  |  |  |  | $ | 22,841 |  |  |  |  |
For the three months ended March 31, 2025 and 2024, amortization of intangible assets charged to operations was $1,136 and $790, respectively. Goodwill Goodwill represents the excess of the purchase price paid by the Company over the fair value of net assets acquired by the Company. Goodwill is subject to an impairment review at a reporting unit level, evaluated on an annual basis at September 30 of each fiscal year, when an event occurs, or circumstances change that would indicate potential impairment. The assessment may be performed quantitatively or qualitatively. The Company has only one reporting unit, and therefore the entire goodwill is allocated to that reporting unit. The Company assesses the carrying value of goodwill at the reporting unit level based on an estimate of the fair value of its reporting unit. During the three months ended March 31, 2025, the Company identified a triggering event during the quarter due to a sustained decline in the Company’s stock price and resulting market capitalization falling below the carrying value of its reporting unit. As a result, the Company performed a quantitative goodwill impairment test as of March 31, 2025. The fair value of the reporting unit was estimated using a combination of the market approach and income approach (discounted cash flow method). The market approach considered valuation multiples of comparable public companies and recent industry acquisition activity. The income approach involved discounted projected cash flows based on management’s expectations of future performance, including historical trends, recent revenue growth, backlog, and customer acquisition activity. The valuation reflected assumptions regarding future operating results, terminal growth, and a discount rate reflecting the Company’s weighted-average cost of capital and risk profile. Based on this analysis, the Company concluded that the fair value of the reporting unit exceeded its carrying amount, and therefore, no goodwill impairment charge was recorded in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2025. While no impairment was identified, the excess of the fair value over the carrying amount of the subject assets was not significant. Accordingly, changes in key assumptions, such as reductions in the Company’s projected 2025 operating results or further declines in its market capitalization, could result in a material impairment charge in a future period. The Company will continue to monitor actual performance relative to expectations and evaluate for potential impairment indicators in future periods. The valuation of goodwill involves significant judgment and estimation uncertainty, and future events could result in an impairment charge. A determination that there exists no impairment of goodwill in the current quarter does not mean and should not be interpreted as though there will not exist any impairment of goodwill in future quarters.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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