Note 9 - Related Parties

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

Note

9.

  Related Parties

The Executive Chairman of the Company, Mark E. Schwarz, is also the chairman, chief executive officer and portfolio manager of Newcastle Capital Management, L.P. (“NCM”). NCM is the general partner of Newcastle Partners L.P. (“Newcastle”), which is the largest shareholder of the Company. James A. Dvorak (Managing Director at NCM) also serves as a director of the Company.

The Company’s corporate headquarters are located at

200

Crescent Court, Suite

1400,

Dallas, Texas

75201,

which are also the offices of NCM. The Company occupies a portion of NCM space on a month-to-month basis at

$2,500

per month, pursuant to a services agreement entered into between the parties. Pursuant to the services agreement, the Company receives the use of NCM’s facilities and equipment and administrative services from employees of NCM. The Company incurred expenses pursuant to the services agreement totaling approximately

$30

thousand for each of the years ended

December 31, 2019

and

2018.

The Company did

not

owe NCM any amounts under the services agreement as of

December 31, 2019.