v3.26.1
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 1,560 $ 1,363
Loss from discontinued operations 9 72
Net income from continuing operations (1,569) (1,435)
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation and amortization 778 734
Non-cash interest 7 4
Provision for credit losses (9) 107
Stock based compensation 148 239
Deferred taxes (89) 280
Gain on divestiture (248) 0
Gain on disposition of intangible assets 0 (103)
Changes in operating assets and liabilities:    
Accounts receivable (5,377) 127
Prepaid expenses, deposits, and other assets (597) (1,211)
Prepaid workers' compensation (107) (114)
Accounts payable 375 154
Risk management incentive program liability 336 400
Other current liabilities (95) (229)
Accrued payroll, benefits and payroll taxes 161 343
Due to franchisees 3,453 196
Workers' compensation claims liability (46) (436)
Net cash provided by operating activities - continuing operations 259 1,926
Net cash used in operating activities - discontinued operations (9) (72)
Net cash provided by operating activities 250 1,854
Cash flows from investing activities    
Purchase of property and equipment 0 (22)
Proceeds from payments on notes receivable 148 362
Capital contribution to unconsolidated affiliate (192) 0
Cash issued for notes receivable (398) (20)
Purchase of deferred compensation plan investments (25) 0
Net change in franchisee deposits 32 (4)
Net cash (used in) provided by investing activities (435) 316
Cash flows from financing activities    
Payments on term loan payable 0 (88)
Net payments to revolving line of credit 0 (1,372)
Repurchase of shares (1,857) 0
Net cash used in financing activities (2,695) (2,302)
Net decrease in cash (2,880) (132)
Cash, beginning of period 3,895 2,219
Cash, end of period 1,015 2,087
Supplemental disclosure of non-cash investing and financing activities    
Notes receivable issued for the sale of intangible assets 0 950
Contribution of franchise agreements and net assets for investment in unconsolidated affiliate 195 0
Supplemental disclosure of cash flow information    
Interest paid 1 137
Income taxes paid, net of refunds 7 5
Line of Credit [Member] | Revolving Credit Facility [Member]    
Cash flows from financing activities    
Payment of dividends $ (838) $ (842)