Note 9 - Leases

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Lessee, Operating and Finance Leases [Text Block]

9.     LEASES 

The Company has operating leases for facilities, vehicles and equipment. These leases have remaining terms of 2 years to 12 years, some of which include options to extend the leases for up to 10 years.  Lease expense for the years ended December 31, 2022 and 2021 was approximately $2.0 million and $1.6 million, respectively.

Supplemental balance sheet information related to leases:

	December 31, 2022			December 31, 2021
Operating leases:
Operating lease right-of-use assets, net	$	9,524,280		$	8,998,776
Other current liabilities		1,705,224			1,241,681
Operating lease liabilities		8,060,152			7,985,628
Total operating lease liabilities	$	9,765,376		$	9,227,309
Weighted Average Remaining Lease Term
Operating Leases (in years)		7.7			9.0
Weighted Average Discount Rate
Operating Leases		5.0	%		5.0	%

Future minimum lease payments at December 31, 2022 were as follows:

	Operating Leases
Year Ending December 31,
2023		1,986,824
2024		1,980,758
2025		1,953,693
2026		1,413,659
2027		752,837
Thereafter		3,650,367
Total future minimum lease payments	$	11,738,138
Less: imputed interest		(1,972,762	)
Total	$	9,765,376

Commitments and Contingencies
From time to time, the Company is involved in legal matters arising in the ordinary course of business. While the Company believes that such matters are currently not material, there can be no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have an adverse effect on its business, financial condition or results of operations.