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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 8,525 $ 6,117
Short term investments 6,940 6,596
Accounts receivable, net of allowance for doubtful accounts of $1,829 and $1,901, respectively 7,388 8,505
Prepaid expenses and other current assets 167 203
Total current assets 23,020 21,421
Property and equipment, net of accumulated depreciation of $672 and $534, respectively 208 320
Right of use assets-operating 2,752 3,457
Right of use assets-finance 116 152
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 299 301
TOTAL ASSETS 42,409 41,665
Current liabilities:    
Accounts payable and accrued liabilities 4,817 3,941
Due to models 7,584 7,645
Lease liabilities – operating, current 763 712
Lease liabilities – finance, current 35 32
Total current liabilities 13,199 12,330
Long term liabilities:    
Deferred income tax, net 1,357 1,215
Lease liabilities – operating, non-current 2,302 3,102
Lease liabilities – finance, non-current 88 122
Total long-term liabilities 3,747 4,439
Total liabilities 16,946 16,769
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at December 31, 2024 and December 31, 2023 65 65
Treasury stock, 1,314,694 shares at December 31, 2024 and December 31, 2023, at cost (6,371) (6,371)
Additional paid-in capital 88,864 88,854
Accumulated deficit (56,662) (57,276)
Accumulated other comprehensive loss (433) (376)
Total shareholders’ equity 25,463 24,896
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 42,409 $ 41,665