XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,003 $ 6,748
Accounts receivable, net of allowance for doubtful accounts of $1,768 and $1,791, respectively 12,838 11,901
Prepaid expenses and other current assets 306 197
Total current assets 19,147 18,846
Property and equipment, net of accumulated depreciation of $3,772 and $3,264, respectively 2,266 2,567
Right of use assets-operating 1,867
Right of use assets-finance 156
Trademarks and trade names with indefinite lives 8,467 8,467
Other intangibles with finite lives, net of accumulated amortization of $8,708 and $8,684, respectively 29 53
Goodwill 13,192 13,192
Other assets 114 114
TOTAL ASSETS 45,238 43,239
Current liabilities:    
Accounts payable and accrued liabilities 4,417 5,071
Due to models 9,213 8,809
Lease liabilities – operating, current 1,143
Lease liabilities – finance, current 114
Term loan – current 726 623
Total current liabilities 15,613 14,503
Long term liabilities:    
Net deferred income tax liability 709 631
Lease liabilities – operating, non-current 880
Lease liabilities – finance, non-current 52
Term loan – non-current 1,625 2,000
Total long term liabilities 3,266 2,631
Total liabilities 18,879 17,134
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at June 30, 2019 and December 31, 2018 65 65
Treasury stock, 1,292,620 and 1,264,154 shares at June 30, 2019 and December 31, 2018, at cost (6,266) (6,093)
Additional paid-in capital 88,371 88,255
Accumulated deficit (55,687) (56,029)
Accumulated other comprehensive loss (124) (93)
Total shareholders’ equity 26,359 26,105
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 45,238 $ 43,239