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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 10,861 $ 11,998
Accounts receivable, net of allowance for doubtful accounts of $1,808 and $1,612, respectively 9,713 9,467
Prepaid expenses and other current assets 300 181
Total current assets 20,874 21,646
Property and equipment, net of accumulated depreciation of $1,252 and $1,216, respectively 344 307
Right of use assets-operating 3,594 3,565
Right of use assets-finance 123 138
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 308 322
TOTAL ASSETS 41,257 41,992
Current liabilities:    
Accounts payable and accrued liabilities 4,070 4,306
Due to models 7,779 8,378
Contract liabilities 0 270
Lease liabilities – operating, current 471 385
Lease liabilities – finance, current 63 62
Total current liabilities 12,383 13,401
Long term liabilities:    
Deferred income tax, net 980 985
Lease liabilities – operating, non-current 3,346 3,310
Lease liabilities – finance, non-current 68 85
Total long term liabilities 4,394 4,380
Total liabilities 16,777 17,781
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at March 31, 2023 and December 31, 2022 65 65
Treasury stock, 1,314,694 shares at March 31, 2023 and December 31, 2022, at cost (6,371) (6,371)
Additional paid-in capital 88,794 88,770
Accumulated deficit (57,550) (57,709)
Accumulated other comprehensive loss (458) (544)
Total shareholders’ equity 24,480 24,211
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 41,257 $ 41,992