XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,461 $ 6,653
Trade accounts receivable, less allowance for doubtful accounts of $45 and $75, respectively 11,059 12,378
Prepaid expenses 4,871 4,228
Income taxes receivable 645 161
Other current assets 664 940
Total current assets 20,700 24,360
Property and equipment, net 36,320 28,205
Intangible assets, net 2,713 1,471
Goodwill 66,209 61,614
Other noncurrent assets 5,856 6,787
Total assets 131,798 122,437
Current liabilities:    
Current portion of notes payable, net of unamortized debt issuance costs 3,721 7,214
Line of credit 5,000 0
Accounts payable 2,588 1,301
Accrued wages and bonuses 5,392 3,953
Accrued expenses 6,279 4,893
Dividends payable 2,817 2,906
Deferred revenue 17,301 14,834
Income taxes payable 0 222
Contingent consideration 506 0
Other current liabilities 673 880
Total current liabilities 44,277 36,203
Notes payable, net of current portion and unamortized debt issuance costs 44,910 29,470
Deferred income taxes 4,131 4,139
Contingent consideration, net of current portion 293 0
Other long-term liabilities 3,564 3,670
Total liabilities 97,175 73,482
Shareholders’ equity:    
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued 0 0
Common stock, $0.001 par value; authorized 110,000,000 shares, issued 31,072,144 in 2024 and 31,002,919 in 2023, outstanding 23,476,040 in 2024 and 24,219,887 in 2023 31 31
Additional paid-in capital 180,061 178,213
Retained earnings (accumulated deficit) (20,855) (30,530)
Treasury stock, at cost; 7,596,104 Common shares in 2024 and 6,783,032 Common shares in 2023 (124,614) (98,759)
Total shareholders’ equity 34,623 48,955
Total liabilities and shareholders’ equity $ 131,798 $ 122,437