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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 9,345 $ 13,473
Accounts receivable, net 63,714 54,171
Prepaid expenses and other current assets 7,861 4,382
Total current assets 80,920 72,026
Property and equipment, net 3,261 2,929
Operating lease right-of-use assets 969 1,781
Goodwill 1,708 4,166
Intangible assets, net 2,040 2,295
Deferred tax assets, net 3,766 4,468
Other assets 1,934 1,351
Total assets 94,598 89,016
Liabilities and stockholder's equity    
Accounts payable 10,588 8,943
Accrued expenses and other current liabilities 20,261 22,031
Due to affiliates [1] 2,964 3,270
Customer incentives and deposits 2,399 3,901
Lines of credit and short-term loans 17,980 11,042
Current portion of operating lease liabilities 363 1,019
Total current liabilities 54,555 50,206
Operating lease liabilities, net of current portion 606 762
Long-term debt 1,376 700
Total liabilities 56,537 51,668
Commitments and contingencies – See Note 6
Stockholders' equity:    
Common stock, $0.01 par value per share: 47,000,000 shares authorized as of December 31,2022 and 2021. Shares outstanding 22,853,653 – December 31,2022 and 21,320,414 – December 31, 2021 229 213
Treasury stock, at cost 205,485 shares and 54,329 shares as of December 31, 2022 and 2021 (285) (104)
Additional paid-in capital 20,708 17,231
Accumulated other comprehensive loss (4,941) (5,028)
Retained earnings 6,707 7,439
Total stockholders' equity attributable to SPAR Group, Inc. 22,427 19,751
Noncontrolling interests 15,634 17,597
Total stockholders' equity 38,061 37,348
Total liabilities and stockholders' equity 94,598 89,016
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock 0 0
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock $ 9 $ 0
[1] Represent loans from the local investors into the Company's subsidiaries (representing their proportionate share of working capital loans). The loans have no payment terms and are due on demand.