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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,825 $ 339
Accounts receivable, net 58,809 50,762
Transit accounts receivable 4,497 3,280
Prepaid expenses and other current assets 3,675 4,636
Total current assets 68,806 59,017
Property and equipment, net 2,164 2,098
Other assets:    
Deposits 161 173
Goodwill 22,147 22,147
Operating right of use asset 3,431 3,665
Intangible assets, net 819 864
Total other assets 26,558 26,849
Total assets 97,528 87,964
Accounts payable and accrued expenses 12,283 14,147
Transit accounts payable 12,457 9,767
Accrued payroll and related costs 15,424 13,023
Finance lease payable 463 462
Income taxes payable 225 85
Operating right of use liability 1,296 1,349
Contingent consideration from acquisitions 472 472
Deferred revenue 809 1,119
Total current liabilities 43,429 40,424
Finance lease payable 116 232
Contingent consideration from acquisitions, net of current position 1,970 1,970
Operating right of use liability, net of current position 2,638 2,932
Borrowings under line of credit 19,151 8,783
Total liabilities 69,016 56,002
Contingencies (note 15) 0 0
Stockholders’ equity:    
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.05 par value; 40,000,000 shares authorized; 17,508,469 shares issued and 8,857,573 shares outstanding at April 1, 2023 and 17,287,967 shares issued and 9,285,318 shares outstanding at December 31, 2022 873 863
Additional paid-in capital 114,711 113,878
Accumulated other comprehensive loss (2,809) (2,863)
Accumulated deficit (32,259) (36,096)
Treasury stock, 8,643,227 shares at April 1, 2023 and 8,002,649 shares at December 31, 2022, at cost (52,004) (43,820)
Total stockholders’ equity 28,512 31,962
Total liabilities and stockholders’ equity 97,528 87,964
Foreign Tax Authority [Member]    
Other assets:    
Deferred income taxes, net 165 166
Domestic Tax Authority [Member]    
Other assets:    
Deferred income taxes, net $ 1,547 $ 1,495