Note 10 - Leases

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Leases Disclosure [Text Block]

(10) Leases

We lease printing, computer, other equipment and office space in the United States and Canada. The leases remaining terms as of December 31, 2023 range from less than one year to 7.09 years.

Certain equipment and office lease agreements include provisions for periodic adjustments to rates and charges. The rates and charges are adjusted based on actual usage or actual costs for internet, common area maintenance, taxes or insurance, as determined by the lessor and are considered variable lease costs.

The components of lease expense for the years ended December 31, 2023, 2022 and 2021 included (in thousands):

	2023			2022			2021
Operating leases	$	503		$	527		$	669
Finance leases:
Asset amortization		310			462			489
Interest on lease liabilities		6			19			34
Variable lease cost		101			95			99
Short-term lease cost		25			87			59
Sublease income		(125	)		(123	)		(81	)
Total net lease cost	$	820		$	1,067		$	1,269

Supplemental balance sheet information related to leases (in thousands):

	December 31, 2023		December 31, 2022
Operating leases:
Operating ROU assets	$	2,060	$	556
Current operating lease liabilities		581		522
Noncurrent operating lease liabilities		1,650		333
Total operating lease liabilities	$	2,231	$	855

	December 31, 2023			December 31, 2022
Finance leases:
Furniture and equipment	$	179		$	1,042
Computer Equipment		593			659
Computer Software		207			207
Property and equipment under finance lease, gross		979			1,908
Less accumulated amortization		937			1,537
Property and equipment under finance lease, net	$	42		$	371
Current obligations of finance leases	$	22		$	311
Noncurrent obligations of finance leases		19			39
Total finance lease liabilities	$	41		$	350
Weighted average remaining lease term (in years):
Operating leases		4.81			1.95
Finance leases		2.18			1.15
Weighted average discount rate:
Operating leases		5.05	%		3.97	%
Finance leases		5.78	%		3.54	%

Supplemental cash flow and other information related to leases were as follows (in thousands):

	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	684	$	563	$	680
Operating cash flows from finance leases		4		18		34
Financing cash flows from finance leases		290		469		493
ROU assets obtained in exchange for operating lease liabilities		1,971		83		560
ROU assets obtained in exchange for finance lease liabilities		—		—		40

Undiscounted payments under non-cancelable finance and operating leases at December 31, 2023 were as follows (in thousands):

	Finance Leases		Operating Leases
2024	$	23	$	678
2025		11		589
2026		10		471
2027		—		231
2028		—		184
Thereafter		—		383
Total minimum lease payments		44		2,536
Less: Amount representing interest		3		305
Present value of minimum lease payments		41		2,231
Less: Current portion		22		581
Lease obligations, net of current portion	$	19	$	1,650

Undiscounted cash receipts due under the sublease agreement at December 31, 2023 are as follows (in thousands):

	Operating Lease
2024	$	127
2025		65
Total minimum lease receipts	$	192