Note 9 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2024			2023			2024			2023
Net revenues:
Americas	$	35,494		$	53,796		$	144,189		$	154,457
APAC		2,294			5,674			11,305			17,432
EMEA		-			7,863			8,277			25,760
Total net revenues	$	37,788		$	67,333		$	163,771		$	197,649
Operating (loss) income:
Americas	$	(1,089	)	$	1,328		$	14,569		$	5,894
APAC		(403	)		(218	)		(822	)		(510	)
EMEA		-			431			227			1,304
Total operating (loss) income	$	(1,492	)	$	1,541		$	13,974		$	6,688
Interest expense
Americas	$	581		$	264		$	1,577		$	895
APAC		1			31			24			47
EMEA		-			85			77			306
Total interest expense	$	582		$	380		$	1,678		$	1,248
Other expense (income), net:
Americas	$	(807	)	$	5		$	(1,101	)	$	22
APAC		556			(59	)	$	572			(69	)
EMEA		723			(110	)		713			(300	)
Total other expense (income), net	$	472		$	(164	)	$	184		$	(347	)
(Loss) Income before income tax expense:
Americas	$	(82	)	$	1,059		$	13,666		$	4,977
APAC		(1,752	)		(190	)		209			(488	)
EMEA		(712	)		456			(1,763	)		1,298
Total (loss) income before income tax expense	$	(2,546	)	$	1,325		$	12,112		$	5,787
Income tax (benefit) expense:
Americas	$	(1,827	)	$	(163	)	$	1,220		$	1,068
APAC		(166	)		45			(126	)		8
EMEA		(321	)		345			(6	)		730
Total income tax (benefit) expense	$	(2,314	)	$	227		$	1,088		$	1,806

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2024			2023			2024			2023
Net (loss) income:
Americas	$	1,745		$	1,222		$	12,446		$	3,909
APAC		(1,586	)		(235	)		335			(496	)
EMEA		(391	)		111			(1,757	)		568
Total net (loss) income	$	(232	)	$	1,098		$	11,024		$	3,981
Net loss (income) attributable to non-controlling interest
Americas	$	104		$	(604	)	$	(658	)	$	(1,484	)
APAC		(16	)		5			30			(11	)
EMEA		-			(240	)		(286	)		(722	)
Total net loss (income) attributable to non-controlling interest	$	88		$	(839	)	$	(914	)	$	(2,217	)
Net (loss) income attributable to SPAR Group, Inc.
Americas	$	1,849		$	618		$	11,788		$	2,425
APAC		(1,602	)		(230	)		365			(507	)
EMEA		(391	)		(129	)		(2,043	)		(154	)
Total net (loss) income attributable to SPAR Group, Inc.	$	(144	)	$	259		$	10,110		$	1,764
Depreciation and amortization
Americas	$	445		$	472		$	1,348		$	1,402
APAC		9			36			64			60
EMEA		-			40			31			112
Total depreciation and amortization	$	454		$	548		$	1,443		$	1,574
Capital expenditures:
Americas	$	127		$	286		$	903		$	946
APAC		–			30			–			37
EMEA		–			49			5			100
Total capital expenditures	$	127		$	365		$	908		$	1,083

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

	September 30,		December 31,
	2024		2023
Assets:
Americas	$	62,634	$	71,372
APAC		4,762		13,361
EMEA		–		5,548
Total assets	$	67,396	$	90,281

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

	September 30,		December 31,
	2024		2023
Long lived assets:
Americas	$	4,073	$	4,585
APAC		–		1,015
EMEA		–		745
Total long lived assets	$	4,073	$	6,345

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

	Three Months Ended September 30,										Nine Months Ended September 30,
	2024					2023					2024					2023
			% of					% of					% of					% of
			consolidated					consolidated					consolidated					consolidated
			net revenue					net revenue					net revenue					net revenue
United States	$	28,768		76.1	%	$	28,722		42.7	%	$	90,583		55.3	%	$	81,004		41.0	%
Brazil		-		0.0	%		18,619		27.7	%		33,185		20.3	%		56,717		28.7	%
South Africa		-		0.0	%		7,863		11.7	%		8,277		5.1	%		25,759		13.0	%
Mexico		3,196		8.5	%		3,033		4.5	%		9,723		5.9	%		8,065		4.1	%
China		-		0.0	%		2,205		3.3	%		2,698		1.6	%		7,106		3.6	%
Japan		908		2.4	%		1,489		2.2	%		3,778		2.3	%		4,533		2.3	%
Canada		3,529		9.3	%		3,421		5.1	%		10,698		6.5	%		8,671		4.4	%
India		1,387		3.7	%		1,577		2.3	%		4,829		3.0	%		4,420		2.2	%
Australia		-		0.0	%		404		0.6	%		-		0.0	%		1,374		0.7	%
Total net revenue	$	37,788		100.0	%	$	67,333		100.0	%	$	163,771		100.0	%	$	197,649		100.0	%