v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,711 $ 8,525
Short term investments 6,070 6,940
Accounts receivable, net of allowance for doubtful accounts of $1,659 and $1,829, respectively 9,088 7,388
Prepaid expenses and other current assets 223 167
Total current assets 22,092 23,020
Property and equipment, net of accumulated depreciation of $483 and $672, respectively 151 208
Right of use assets-operating 2,770 2,752
Right of use assets-finance 98 116
Trademarks and trade names with indefinite lives 8,467 8,467
Goodwill 7,547 7,547
Other assets 237 299
TOTAL ASSETS 41,362 42,409
Current liabilities:    
Accounts payable and accrued liabilities 4,932 4,817
Due to models 6,932 7,584
Lease liabilities – operating, current 779 763
Lease liabilities – finance, current 36 35
Total current liabilities 12,679 13,199
Long term liabilities:    
Deferred income tax, net 1,299 1,357
Lease liabilities – operating, non-current 2,301 2,302
Lease liabilities – finance, non-current 69 88
Total long term liabilities 3,669 3,747
Total liabilities 16,348 16,946
Shareholders’ equity:    
Common stock, $0.01 par value, 9,000,000 shares authorized; 6,472,038 shares issued at June 30, 2025 and December 31, 2024 65 65
Treasury stock, 1,552,194 shares at June 30, 2025 and 1,314,694 shares at December 31, 2024, at cost (7,262) (6,371)
Additional paid-in capital 88,864 88,864
Accumulated deficit (56,394) (56,662)
Accumulated other comprehensive loss (259) (433)
Total shareholders’ equity 25,014 25,463
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 41,362 $ 42,409