XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 10,873 $ 11,998
Short term investments 295 0
Accounts receivable, net of allowance for doubtful accounts of $2,038 and $1,664, respectively 9,897 9,467
Prepaid expenses and other current assets 289 181
Total current assets 21,354 21,646
Property and equipment, net of accumulated depreciation of $498 and $1,216, respectively 332 307
Right of use assets-operating 3,625 3,565
Right of use assets-finance 93 138
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 300 322
TOTAL ASSETS 41,718 41,992
Current liabilities:    
Accounts payable and accrued liabilities 3,949 4,306
Due to models 7,589 8,378
Contract liabilities 0 270
Lease liabilities – operating, current 695 385
Lease liabilities – finance, current 65 62
Total current liabilities 12,298 13,401
Long term liabilities:    
Deferred income tax, net 1,278 985
Lease liabilities – operating, non-current 3,271 3,310
Lease liabilities – finance, non-current 36 85
Total long term liabilities 4,585 4,380
Total liabilities 16,883 17,781
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at September 30, 2023 and December 31, 2022 65 65
Treasury stock, 1,314,694 shares at September 30, 2023 and December 31, 2022, at cost (6,371) (6,371)
Additional paid-in capital 88,844 88,770
Accumulated deficit (57,205) (57,709)
Accumulated other comprehensive loss (498) (544)
Total shareholders’ equity 24,835 24,211
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 41,718 $ 41,992