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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 10,943 $ 11,998
Accounts receivable, net of allowance for doubtful accounts of $1,931 and $1,612, respectively 9,965 9,467
Prepaid expenses and other current assets 214 181
Total current assets 21,122 21,646
Property and equipment, net of accumulated depreciation of $1,292 and $1,216, respectively 340 307
Right of use assets-operating 3,429 3,565
Right of use assets-finance 108 138
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 301 322
TOTAL ASSETS 41,314 41,992
Current liabilities:    
Accounts payable and accrued liabilities 3,883 4,306
Due to models 7,815 8,378
Contract liabilities 0 270
Lease liabilities – operating, current 572 385
Lease liabilities – finance, current 64 62
Total current liabilities 12,334 13,401
Long term liabilities:    
Deferred income tax, net 1,138 985
Lease liabilities – operating, non-current 3,187 3,310
Lease liabilities – finance, non-current 52 85
Total long term liabilities 4,377 4,380
Total liabilities 16,711 17,781
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued and outstanding at June 30, 2023 and December 31, 2022 65 65
Treasury stock, 1,314,694 shares at June 30, 2023 and December 31, 2022, at cost (6,371) (6,371)
Additional paid-in capital 88,819 88,770
Accumulated deficit (57,564) (57,709)
Accumulated other comprehensive loss (346) (544)
Total shareholders’ equity 24,603 24,211
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 41,314 $ 41,992