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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,640 $ 5,688
Accounts receivable, net of allowance for doubtful accounts of $2,158 and $1,646, respectively 16,543 16,947
Prepaid expenses and other current assets 287 847
Total current assets 19,470 23,482
Property and equipment, net of accumulated depreciation of $2,134 and $1,525, respectively 3,197 3,206
Trademarks and trade names with indefinite lives 8,467 8,467
Other intangibles with finite lives, net of accumulated amortization of$8,589 and $8,527, respectively 147 210
Goodwill 13,192 13,192
Other assets 115 164
TOTAL ASSETS 44,588 48,721
Current liabilities:    
Accounts payable and accrued liabilities 3,916 4,781
Due to models 10,975 14,217
Contingent consideration to seller - current 97
Term loan - current 519 502
Total current liabilities 15,410 19,597
Long term liabilities:    
Deferred income tax liability 1,532 1,567
Term loan - non-current 1,756 2,147
Total long-term liabilities 3,288 3,714
Total liabilities 18,698 23,311
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 and 12,500,000 shares authorized; 6,472,038 shares issued at September 30, 2017 and December 31, 2016 65 65
Treasury stock, 1,090,370 at September 30, 2017 and December 31, 2016, at cost (4,893) (4,893)
Additional paid-in capital 87,748 87,336
Accumulated deficit (57,065) (57,048)
Accumulated other comprehensive income (loss) (35) 50
Total shareholders’ equity 25,890 25,410
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 44,588 $ 48,721