HealthStream (HSTM) 10-K 26 Feb 24 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 19, 2024	Jun. 30, 2023
Document Information [Line Items]
Entity Central Index Key	0001095565
Entity Registrant Name	HEALTHSTREAM INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Entity File Number	000-27701
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-1443555
Entity Address, Address Line One	500 11th Avenue North, Suite 1000
Entity Address, Postal Zip Code	37203
Entity Address, City or Town	Nashville
Entity Address, State or Province	TN
City Area Code	615
Local Phone Number	301-3100
Title of 12(b) Security	Common Stock (Par Value $0.00)
Trading Symbol	HSTM
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 596,900,000
Entity Common Stock, Shares Outstanding		30,300,371
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Nashville, Tennessee

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 40,333	$ 46,023
Marketable securities	30,800	7,885
Accounts receivable, net of allowance of $781 and $544 at December 31, 2023 and 2022, respectively	34,346	36,730
Accounts receivable - unbilled	4,100	5,980
Prepaid royalties, net of amortization	10,202	9,071
Prepaid software maintenance and subscriptions	7,397	6,034
Other prepaid expenses and other current assets	3,032	2,654
Total current assets	130,210	114,377
Property and equipment, net of accumulated depreciation of $19,503 and $20,280 at December 31, 2023 and 2022, respectively	13,005	15,483
Capitalized software development, net of accumulated amortization of $127,009 and $105,025 at December 31, 2023 and 2022, respectively	40,643	37,118
Operating lease right of use assets, net	20,114	22,759
Goodwill	191,379	192,398
Net	68,031	81,553
Deferred commissions	31,700	28,344
Non-marketable equity investments	4,134	4,518
Other assets	726	1,191
Total assets	499,942	497,741
Current liabilities:
Accounts payable	7,465	7,287
Accrued royalties	4,556	5,443
Accrued liabilities	22,717	25,014
Deferred revenue	83,623	79,469
Total current liabilities	118,361	117,213
Deferred tax liabilities	16,132	17,996
Deferred revenue, noncurrent	2,169	2,937
Operating lease liability, noncurrent	20,247	23,321
Other long-term liabilities	2,281	2,210
Commitments and contingencies
Shareholders’ equity:
Common stock, no par value, 75,000 shares authorized; 30,298 and 30,579 shares issued and outstanding at December 31, 2023 and 2022, respectively	249,075	254,832
Retained earnings	92,368	80,213
Accumulated other comprehensive loss	(691)	(981)
Total shareholders’ equity	340,752	334,064
Total liabilities and shareholders’ equity	499,942	497,741
Customer-Related Intangible Assets [Member]
Current assets:
Net	54,742	61,269
Other Intangible Assets [Member]
Current assets:
Net	$ 13,289	$ 20,284

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) shares in Thousands, $ / shares in Thousands, $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, Allowance for Credit Loss, Current	$ 781	$ 544
Accumulated amortization on property and equipment	19,503	20,280
Accumulated amortization on capitalized software development	127,009	105,025
Accumulated amortization on intangible assets	$ 73,698	$ 61,370
Common stock, shares authorized (in shares)	75,000	75,000
Common stock, shares issued (in shares)	30,298	30,579
Common stock, shares outstanding (in shares)	30,298	30,579
Common stock, par value (in dollars per share)	$ 0	$ 0
Customer-Related Intangible Assets [Member]
Accumulated amortization on intangible assets	$ 57,095	$ 48,552
Other Intangible Assets [Member]
Accumulated amortization on intangible assets	$ 16,603	$ 12,818

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues, net	$ 279,063	$ 266,826	$ 256,712
Operating costs and expenses:
Cost of revenues (excluding depreciation and amortization)	95,021	91,143	91,033
Product development	45,540	44,277	41,659
Sales and marketing	45,743	44,146	39,457
Other general and administrative expenses	35,664	36,866	39,695
Depreciation and amortization	41,076	37,945	36,813
Total operating costs and expenses	263,044	254,377	248,657
Operating income	16,019	12,449	8,055
Other income (loss), net	2,492	3,136	(289)
Income before income tax provision	18,511	15,585	7,766
Income tax provision	3,298	3,494	1,921
Net income	$ 15,213	$ 12,091	$ 5,845
Net income per share:
Basic (in dollars per share)	$ 0.5	$ 0.39	$ 0.19
Diluted (in dollars per share)	$ 0.5	$ 0.39	$ 0.18
Weighted average shares of common stock outstanding:
Basic (in shares)	30,571	30,648	31,534
Diluted (in shares)	30,673	30,717	31,618
Dividends declared per share (in dollars per share)	$ 0.1	$ 0	$ 0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net income	$ 15,213	$ 12,091	$ 5,845
Other comprehensive income, net of taxes:
Foreign currency translation adjustments	283	(1,091)	99
Unrealized gain on marketable securities	7	4	6
Total other comprehensive income (loss)	290	(1,087)	105
Comprehensive income	$ 15,503	$ 11,004	$ 5,950

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock Including Additional Paid in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2020	31,493,000
Balance at Dec. 31, 2020	$ 271,784	$ 62,277	$ 1	$ 334,062
Net income	0	5,845	0	5,845
Comprehensive income (loss)	$ 0	0	105	105
Stock donated to Company (held in treasury) (in shares)	(94)
Stock donated to Company (held in treasury)	$ 0	0	0	0
Stock-based compensation	$ 5,303	0	0	5,303
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)	131,000
Common stock issued under stock plans, net of shares withheld for employee taxes	$ (1,182)	0	0	(1,182)
Repurchase of common stock (in shares)	(203,000)
Repurchase of common stock	$ (5,114)	0	0	(5,114)
Balance (in shares) at Dec. 31, 2021	31,327,000
Balance at Dec. 31, 2021	$ 270,791	68,122	106	339,019
Net income	0	12,091	0	12,091
Comprehensive income (loss)	0	0	(1,087)	(1,087)
Stock-based compensation	$ 3,554	0	0	3,554
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)	95,000
Common stock issued under stock plans, net of shares withheld for employee taxes	$ (565)	0	0	(565)
Repurchase of common stock (in shares)	(1,052,000)
Repurchase of common stock	$ (23,032)	0	0	(23,032)
Issuance of common stock in acquisition (in shares)	209,000
Issuance of common stock in acquisition	$ 4,084	0	0	$ 4,084
Balance (in shares) at Dec. 31, 2022	30,579,000			30,579,000
Balance at Dec. 31, 2022	$ 254,832	80,213	(981)	$ 334,064
Net income	0	15,213	0	15,213
Comprehensive income (loss)	0	0	290	290
Stock-based compensation	$ 4,153	0	0	4,153
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)	123,000
Common stock issued under stock plans, net of shares withheld for employee taxes	$ (934)	0	0	(934)
Repurchase of common stock (in shares)	(404,000)
Repurchase of common stock	$ (8,929)	0	0	(8,929)
Dividends declared on common stock ($0.100 per share)	0	(3,058)	0	(3,058)
Excise tax on repurchase of common stock	$ (47)	0	0	$ (47)
Balance (in shares) at Dec. 31, 2023	30,298,000			30,298,000
Balance at Dec. 31, 2023	$ 249,075	$ 92,368	$ (691)	$ 340,752

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Dividends declared per share (in dollars per share)	$ 0.1	$ 0	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES:
Net income	$ 15,213	$ 12,091	$ 5,845
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	41,076	37,945	36,813
Stock-based compensation	4,153	3,554	5,303
Amortization of deferred commissions	11,495	10,599	9,169
Provision for credit losses	1,021	385	723
Deferred income taxes	(1,725)	710	1,539
(Gain) loss on disposal of fixed assets	0	(25)	21
Loss on equity method investments	384	747	462
Non-cash paid time off expense	0	0	(1,011)
Change in fair value of non-marketable equity investments	(425)	(3,596)	(279)
Other	(891)	3	184
Changes in operating assets and liabilities:
Accounts and unbilled receivables	(3,243)	7,770	(10,344)
Prepaid royalties	(1,131)	84	416
Other prepaid expenses and other current assets	(1,243)	2,329	1,772
Deferred commissions	(14,852)	(14,931)	(13,274)
Other assets	328	208	52
Accounts payable and accrued expenses	4,825	3,742	(4,329)
Accrued royalties	(887)	406	(3,772)
Deferred revenue	3,386	4,707	(7,593)
Net cash provided by operating activities	63,970	51,188	42,385
INVESTING ACTIVITIES:
Business combinations, net of cash acquired	(6,621)	(3,965)	(4,705)
Proceeds from maturities of marketable securities	28,250	10,625	9,931
Purchases of marketable securities	(50,268)	(13,467)	(5,223)
Proceeds from sale of fixed assets	0	26	0
Proceeds from sale of non-marketable equity investments	47	3,494	1,370
Payments to acquire non-marketable equity investments	0	0	(1,750)
Payments associated with capitalized software development	(25,806)	(23,334)	(21,929)
Purchases of property and equipment	(2,200)	(1,768)	(3,417)
Net cash used in investing activities	(56,598)	(28,389)	(25,723)
FINANCING ACTIVITIES:
Taxes paid related to net settlement of equity awards	(934)	(565)	(1,182)
Payment of debt issue costs	(118)	0	0
Repurchases of common stock	(8,929)	(23,137)	(5,008)
Payment of cash dividends	(3,058)	0	(19)
Net cash used in financing activities	(13,039)	(23,702)	(6,209)
Effect of exchange rate changes on cash and cash equivalents	(23)	21	(114)
Net (decrease) increase in cash and cash equivalents	(5,690)	(882)	10,339
Cash and cash equivalents at beginning of period	46,023	46,905	36,566
Cash and cash equivalents at end of period	40,333	46,023	46,905
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	132	99	132
Income taxes paid (refunded)	$ 2,611	$ 718	$ (92)

Note 1 - Overview and Basis of

Note 1 - Overview and Basis of Presentation	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1. Description of Business HealthStream, Inc. (the "Company") was incorporated in 1990 Recognition of Revenue In accordance with Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers Revenue is recognized based on the following five • Identification of the contract with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies a performance obligation Subscription revenues primarily consist of fees in consideration of providing customers access to one one five Professional services revenues primarily consist of fees for implementation and onboarding services, consulting, and training. The majority of professional services contracts are billed in advance based on a fixed price basis, and revenue is recognized over time as the services are performed. For both subscription services and professional services, the time between billing the customer and when performance obligations are satisfied is generally not Contracts with customers often contain promises for multiple goods and services. For these contracts, the Company accounts for the promised goods and services in its contracts as separate performance obligations if they are distinct. The contract price, which represents transaction price when the contract reflects a fixed fee arrangement, or management’s estimate of variable consideration including application of the constraint when the contract does not The Company receives payments from customers based on billing schedules established in its contracts. Accounts receivable - unbilled represent contract assets related to its conditional right to consideration for subscription and professional services contracts where performance has occurred under the contract. Accounts receivable are primarily comprised of trade receivables that are recorded at the invoice amount, net of an allowance for credit losses, when the right to consideration becomes unconditional. Deferred revenue represents contract liabilities that are recorded when cash payments are received or are due in advance of satisfaction of performance obligations. Basis of Presentation The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Business Segments The Company’s chief operating decision maker ("CODM") is its Chief Executive Officer. Since January 1, 2023 , not January 1, 2023 , 10 December 31, 2023 . Use of Estimates The Consolidated Financial Statements are prepared in accordance with United States generally accepted accounting principles. These accounting principles require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates and such differences could be material to the Consolidated Financial Statements. Cash Equivalents The Company considers cash equivalents to be unrestricted, highly liquid investments with initial maturities of less than three Marketable Securities Marketable securities are classified as available for sale and are stated at fair market value, with the unrealized gains and losses, net of tax, reported in other accumulated comprehensive income (loss) on the accompanying Consolidated Balance Sheets. Realized gains and losses and declines in market value due to credit-related factors on investments in marketable securities are included in other income, net on the accompanying Consolidated Statements of Income. The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available for sale are included in other income, net on the accompanying Consolidated Statements of Income. Premiums and discounts are amortized over the life of the related available for sale security as an adjustment to the yield using the effective interest method. Deferred Commissions Deferred commissions represent incremental costs to acquire contracts with customers, such as the sales commission payment and associated payroll taxes, which are capitalized and amortized consistent with the transfer of the goods or services to the customer over the expected period of benefit. Capitalized contract costs are included under the caption deferred commissions in the accompanying Consolidated Balance Sheets. The expected period of benefit is the contract term, except when the capitalized commission is expected to provide economic benefit to the Company for a period longer than the contract term, such as for new customer or incremental sales where renewals are expected and renewal commissions are not three Prepaid Royalties Prepaid royalties represent advance payments to business partners under revenue sharing arrangements for which the Company sells and delivers such partner products to its customers. Royalties are typically paid in advance at the commencement of the subscription period or periodically throughout the subscription period, such as in quarterly, bi-annual, or annual installments. Royalty payments are amortized over the term of the underlying subscription contracts, which generally range from one five Allowance for Credit Losses The Company estimates its allowance for credit losses based on its historical collection experience, a review in each period of the aging status of the then-outstanding accounts receivable, and external market factors. Uncollectible receivables are written-off in the period management believes it has exhausted its ability to collect payment from the customer. Expected credit losses are recorded under the caption other general and administrative expenses in the accompanying Consolidated Statements of Income. Changes in the allowance for credit losses and the amounts charged to bad debt expense for the three December 31, 2023 Allowance Balance at Beginning of Period Charged to Costs and Expenses Write-offs Allowance Balance at End of Period 2023 $ 544 $ 1,021 $ (784 ) $ 781 2022 853 385 (694 ) 544 2021 549 723 (419 ) 853 Capitalized Software and Content Development Capitalized software and content development is stated on the basis of cost and is presented net of accumulated amortization. The Company capitalizes costs incurred during the development phase for projects to develop software and content. These assets are generally amortized using the straight-line method over three 2023 2022 2023 2022 2021 December 31, 2023 2022 Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used in measuring fair value. There are three Level 1 Level 2 1 Level 3 no The Company evaluates assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level at which to classify them for each reporting period. This determination may December 31, 2023 2022 4 Property and Equipment Property and equipment are stated on the basis of cost. Depreciation is provided on the straight-line method over the following estimated useful lives, except for leasehold improvements, which are amortized over the shorter of the estimated useful life or their respective lease term. Years Furniture and fixtures 5 - 7 Equipment 3 Goodwill Goodwill represents the excess of purchase price in a business combination over the fair value of the net identifiable assets acquired, including intangible assets. The carrying amount of its goodwill is evaluated for impairment at least annually during the fourth may 350, Intangibles Goodwill and Other may first not not not no not no December 31, 2023 2022 2021 Intangible Assets The Company estimates fair values of intangible assets using the income and cost methods, which are based on management’s estimates and assumptions. As of December 31, 2023 two eighteen December 31, 2023 fourth may not December 31, 2023 2022 2021 Long-Lived Assets Long-lived assets to be held for use are reviewed for events or changes in facts and circumstances, both internally and externally, which may December 31, 2023, 2022, 2021, December 31, 2023 2022 2021 Non-Marketable Equity Investments Non-marketable equity investments in limited liability companies with specific ownership accounts for each investor not not not 2016 01, Financial Instruments Overall (Subtopic 825 10 not no may Financial Instruments The Company has various financial instruments, including cash and cash equivalents, accounts receivable, accounts receivable-unbilled, accounts payable, and accrued liabilities. The carrying amounts of these financial instruments approximate fair value because of the short-term maturity or short-term nature of such instruments. The Company also has marketable securities, which are recorded at approximate fair value based on quoted market prices or alternative pricing sources (see Note 4 15 Advertising The Company expenses the costs of advertising as incurred. Advertising expense for the years ended December 31, 2023 2022 2021 Shipping and Handling Costs Shipping and handling costs that are associated with delivering products and services are included under the caption cost of revenues (excluding depreciation and amortization) in the accompanying Consolidated Statements of Income. Income Taxes Income taxes are accounted for using the asset and liability method, whereby deferred tax assets and liabilities are determined based on the temporary differences between the financial statement and tax bases of assets and liabilities measured at tax rates that will be in effect for the year in which the differences are expected to affect taxable income. Management evaluates all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is needed. Future realization of the tax benefit of an existing deductible temporary difference or carryforward ultimately depends on the existence of sufficient taxable income of the appropriate character within the carryback or carryforward period available under the tax law. There are four may 1 2 3 4 December 31, 2023 not not not not Earnings per Share Basic earnings per share is computed by dividing the net income available to common shareholders for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing the net income for the period by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares are composed of incremental common shares issuable upon the exercise of stock options and restricted share units subject to vesting. The dilutive effect of common equivalent shares is included in diluted earnings per share by application of the treasury stock method. Common equivalent shares that have an anti-dilutive effect on diluted net income per share are excluded from the calculation of diluted weighted average shares outstanding. Concentrations of Credit Risk and Significant Customers The Company’s credit risks relate primarily to cash and cash equivalents, marketable securities, and accounts receivable. The Company places its temporary excess cash in high quality, short-term money market instruments. At times, such investments may The Company sells its products and services to various companies in the healthcare industry that are primarily located in the United States. Customer credit worthiness evaluations are performed on an as-needed basis, and the Company generally requires no not 10% December 31, 2023 2022 2021 Stock-Based Compensation As of December 31, 2023 two 10. Leases The Company has several non-cancelable agreements to lease office space. For leases with a lease term greater than 12 The Company does not 1 2 not 3 not not The Company’s leases do not Foreign Currency The functional currency for the Company’s subsidiaries is determined based on the primary economic environment in which the subsidiary operates. The Company translates the assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenues and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized as cumulative translation adjustments included in accumulated other comprehensive income in the Consolidated Balance Sheets. Recently Issued Accounting Pronouncements Not Yet Adopted In November 2023, 2023 07, Segment Reporting (Topic 280 Improvements to Reportable Segment Disclosures 2023 07 December 15, 2023, December 15, 2024. 2023 07 December 31, 2024. In December 2023, 2023 09, Income Taxes (Topic 740 December 15, 2024,

Note 2 - Shareholders' Equity

Note 2 - Shareholders' Equity	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Equity [Text Block]	2. EQUITY Common Stock The Company is authorized to issue up to 75 million shares of common stock. The number of common shares issued and outstanding as of December 31, 2023 2022 30.3 30.6 Preferred Stock The Company is authorized to issue up to 10 million shares of preferred stock in one may December 31, 2023 2022, no Dividends on Common Stock On February 20, 2023 , first December 31, 2023 , Dividend Payment Date Dividend Declaration Date Dividend Per Share Record Date Cash Outlay April 28, 2023 February 20, 2023 $ 0.025 April 17, 2023 $ 767,000 June 23, 2023 April 24, 2023 0.025 June 12, 2023 767,000 September 29, 2023 July 24, 2023 0.025 September 18, 2023 767,000 December 22, 2023 October 23, 2023 0.025 December 11, 2023 757,000 Total dividends $ 0.10 $ 3,058,000 Additionally, on February 19, 2024, first 2024 $0.028 March 22, 2024 March 11, 2024 . Share Repurchase Plan On November 30, 2021 , March 8, 2022 , December 31, 2022 , On March 14, 2022 , March 13, 2023 . December 31, 2022, No December 31, 2023. On September 13, 2023 , March 31, 2024 , December 31, 2023 ,

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	3. The following table sets forth the computation of basic and diluted earnings per share for the three December 31, 2023 Year Ended December 31, 2023 2022 2021 Numerator: Net income $ 15,213 $ 12,091 $ 5,845 Denominator: Weighted-average shares outstanding 30,571 30,648 31,534 Effect of dilutive shares 102 69 84 Weighted-average diluted shares 30,673 30,717 31,618 Net income per share: Basic $ 0.50 $ 0.39 $ 0.19 Diluted $ 0.50 $ 0.39 $ 0.18 Potentially dilutive shares representing 252,000, 183,000, and 78,000 shares of common stock for the years ended December 31, 2023 2022 2021

Note 4 - Marketable Securities

Note 4 - Marketable Securities	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	4. At December 31, 2023 2022 December 31, 2023 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Level 2: U.S. government debt securities $ 30,791 $ 10 $ (1 ) $ 30,800 Total $ 30,791 $ 10 $ (1 ) $ 30,800 December 31, 2022 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Level 2: U.S. government debt securities $ 7,882 $ 3 $ — $ 7,885 Total $ 7,882 $ 3 $ — $ 7,885 The carrying amounts of the marketable securities reported in the Consolidated Balance Sheets approximate fair value based on quoted market prices or alternative pricing sources and models utilizing market observable inputs. As of December 31, 2023 2022 not one

Note 5 - Revenue Recognition an

Note 5 - Revenue Recognition and Sales Commissions	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	5. Revenue Recognition Revenues are recognized when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration the Company expects to be entitled in exchange for transferring those goods or services. The following table represents revenues disaggregated by revenue source for the three December 31, 2023 2022 2021 Year Ended December 31, 2023 2022 2021 Subscription services $ 267,935 $ 253,960 $ 243,617 Professional services 11,128 12,866 13,095 Total revenues, net $ 279,063 $ 266,826 $ 256,712 For the years ended December 31, 2023 2022 2021 During the years ended December 31, 2023 2022 2021 December 31, 2023 December 31, 2024, Sales Commissions Sales commissions earned by the Company's sales employees are considered incremental and recoverable costs of obtaining a contract with a customer. The Company recorded amortization of deferred commissions of $11.5 million, $10.6 million, and $9.2 million for the years ended December 31, 2023 2022 2021

Note 6 - Property and Equipment

Note 6 - Property and Equipment	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	6. Property and equipment consist of the following (in thousands): December 31, 2023 2022 Equipment $ 12,541 $ 15,843 Leasehold improvements 14,937 14,937 Furniture and fixtures 5,030 4,983 Gross property and equipment 32,508 35,763 Accumulated depreciation and amortization (19,503 ) (20,280 ) Property and equipment, net $ 13,005 $ 15,483 Depreciation of property and equipment totaled $4.2 million, $4.5 million, and $6.3 million for the years ended December 31, 2023 2022 2021

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	7. The changes in the carrying amount of goodwill for the years ended December 31, 2023 2022 2023 Balance at January 1, 2023 $ 192,398 Post-closing adjustment for eeds (1,305 ) Effect of exchange rate changes 286 Balance at December 31, 2023 $ 191,379 2022 Balance at January 1, 2022 $ 182,501 Acquisition of CloudCME 6,819 Acquisition of eeds 3,568 Post-closing adjustment for ANSOS 267 Post-closing adjustment for ComplyALIGN 40 Post-closing adjustment for Rievent 46 Effect of exchange rate changes (843 ) Balance at December 31, 2022 $ 192,398 Intangible assets other than goodwill that are considered to have finite useful lives include customer-related intangibles consisting of customer relationships, which are amortized over their estimated useful lives ranging from eight eighteen two ten January 2023, 2023, ten December 31, 2023 2022 2021 Identifiable intangible assets are comprised of the following (in thousands): As of December 31, 2023 As of December 31, 2022 Gross Amount Accumulated Amortization Net Gross Amount Accumulated Amortization Net Customer related $ 111,837 $ (57,095 ) $ 54,742 $ 109,821 $ (48,552 ) $ 61,269 Other 29,892 (16,603 ) 13,289 33,102 (12,818 ) 20,284 Total $ 141,729 $ (73,698 ) $ 68,031 $ 142,923 $ (61,370 ) $ 81,553 The expected future annual amortization expense for the years ending December 31, 2024 $ 13,348 2025 12,528 2026 9,453 2027 8,669 2028 5,472 Thereafter 18,561 Total $ 68,031

Note 8 - Business Combinations

Note 8 - Business Combinations	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Business Combination Disclosure [Text Block]	8. On May 18, 2022 , not On December 31, 2022, December 31, 2022 January 2023. not

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. Components of earnings before income taxes are as follows (in thousands): Year Ended December 31, 2023 2022 2021 United States $ 18,472 $ 15,777 $ 8,006 Foreign 39 (192 ) (240 ) Earnings before income taxes $ 18,511 $ 15,585 $ 7,766 The provision for income taxes is comprised of the following (in thousands): Year Ended December 31, 2023 2022 2021 Current federal $ 4,066 $ 1,972 $ 5 Current state 942 923 406 Current foreign 15 (110 ) (29 ) Deferred federal (1,493 ) 495 926 Deferred state (214 ) 239 699 Deferred foreign (18 ) (25 ) (86 ) Provision for income taxes $ 3,298 $ 3,494 $ 1,921 A reconciliation of income taxes at the statutory federal income tax rate to the provision for income taxes included in the accompanying Consolidated Statements of Income is as follows (in thousands): Year Ended December 31, 2023 2022 2021 Federal tax provision at the statutory rate $ 3,887 $ 3,274 $ 1,631 State income tax provision, net of federal benefit 528 975 1,297 Tax credits (1,197 ) (1,227 ) (717 ) Change in valuation allowance 3 51 (272 ) Adjustments for prior year taxes (19 ) (261 ) (13 ) Changes in uncertain tax positions 167 767 (10 ) Other (71 ) (85 ) 5 Provision for income taxes $ 3,298 $ 3,494 $ 1,921 Management periodically assesses the realizability of its deferred tax assets, and to the extent that a recovery is not December 31, 2023 As of December 31, 2023 2030 2043. 382. 2018 not no 2020, not 2020. 2020 A reconciliation of the beginning and ending liability for gross unrecognized tax benefits are as follows (in thousands): December 31, 2023 2022 Balance at beginning of year $ 1,036 $ 300 Additions for tax positions in current year 298 743 Reductions for tax positions of prior years (174 ) (7 ) Balance at end of year $ 1,160 $ 1,036 Upon reaching the final determination of the 2018 2018, The Company recognized $43,000 and $31,000 for interest and penalties related to unrecognized tax benefits within the provision for income taxes during the years ended December 31, 2023 2022 December 31, 2023 2022 Deferred federal and state income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of deferred tax assets and deferred tax liabilities are as follows (in thousands): December 31, 2023 2022 Deferred tax assets: Allowance for credit losses $ 202 $ 142 Accrued liabilities 1,013 1,111 Lease liability 5,931 6,896 Tax credits 467 362 Stock-based compensation 1,161 1,064 Deferred revenue 628 653 Net operating loss carryforwards 3,282 4,069 Total deferred tax assets 12,684 14,297 Less: Valuation allowance (1,992 ) (1,947 ) Deferred tax assets, net of valuation allowance 10,692 12,350 Deferred tax liabilities: Deductible goodwill 6,829 5,691 Nondeductible intangible assets 2,087 2,878 Right of use assets 5,130 6,001 Prepaid assets 10,285 9,302 Capitalized software development 181 3,415 Depreciation 1,914 2,548 Basis difference on investments 151 128 Total deferred tax liabilities 26,577 29,963 Net deferred tax liabilities $ 15,885 $ 17,613 The Company realized $0.1 million of excess tax deductions related to stock-based awards during the year ended December 31, 2023

Note 10 - Stock-based Compensat

Note 10 - Stock-based Compensation	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	10. Stock Incentive Plan The Company has outstanding stock-based awards under its 2016 "2016 2022 "2022 "2016 "2022 2022 2022 five one December 31, 2023 2022 Stock Option Activity A summary of activity relative to stock options for the year ended December 31, 2023 Weighted- Common Average Aggregate Shares Exercise Price Intrinsic Value Outstanding at beginning of period 90 $ 20.34 Granted — — Exercised — — Expired — — Forfeited — — Outstanding at end of period 90 $ 20.34 $ 602 Exercisable at end of period 59 $ 20.34 $ 391 The aggregate intrinsic value for stock options in the table above represents the total difference between the Company’s closing stock price on December 29, 2023 ( December 31, 2023 December 31, 2023 Restricted Share Unit Activity A summary of activity relative to RSUs for the year ended December 31, 2023 Weighted- Number of Average Grant Date Aggregate RSU’s Fair Value Intrinsic Value Outstanding at beginning of period 532 $ 22.49 Granted 268 24.67 Vested (159 ) 23.55 Forfeited (22 ) 23.63 Outstanding at end of period 619 $ 23.12 $ 16,727 The aggregate fair value of RSUs that vested during the year ended December 31, 2023 2022 2023 2022 2023 2022 2023 2022 2021 Stock-Based Compensation Total stock-based compensation expense recorded in the Consolidated Statements of Income for the years ended December 31, Years Ended December 31, 2023 2022 2021 Cost of revenues (excluding depreciation and amortization) $ 183 $ 155 $ 944 Product development 692 608 1,164 Sales and marketing 485 239 759 Other general and administrative 2,793 2,552 2,436 Total stock-based compensation expense $ 4,153 $ 3,554 $ 5,303 The Company amortizes the fair value of all stock-based awards, net of estimated forfeitures, on a straight-line basis over the requisite service period, which generally is the vesting period. As of December 31, 2023 December 31, 2023 Stock Awards During December 2021, December 29, 2021 2016 December 2021. 718, Compensation Stock Compensation 718" three December 31, 2021 2021. December 2021.

Note 11 - Employee Benefit Plan

Note 11 - Employee Benefit Plan	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Retirement Benefits [Text Block]	11. 401 The Company has a defined-contribution employee benefit plan ( 401 401 21 thirty 401 401 may December 31, 2023 2022 2021

Note 12 - Debt

Note 12 - Debt	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	12. At December 31, 2023 2022 Revolving Credit Facility On October 6, 2023 , November 24, 2014 , may October 6, 2026 . The Company's obligations under the Revolving Credit Facility are unsecured. In addition, if the Company forms or acquires any domestic subsidiaries, the loans and other obligations under the Revolving Credit Facility will be guaranteed by such domestic subsidiaries. At the Company’s election, the borrowings under the Revolving Credit Facility, other than the swingline loans, bear interest at either ( 1 one one 2 two 2 Principal is payable in full at maturity on October 6, 2026 , no three three The purpose of the Revolving Credit Facility is for general working capital needs, permitted acquisitions (as defined in the Amended and Restated Revolving Credit Agreement), and for stock repurchase and/or redemption transactions that the Company may In addition, the Revolving Credit Facility requires the Company to meet certain financial tests, including, without limitation: • a funded debt leverage ratio (consolidated debt/consolidated EBITDA) of not 1.0; • an interest coverage ratio (consolidated EBITDA/consolidated interest expense) of not 1.0. In addition, the Revolving Credit Facility contains certain customary affirmative and negative covenants that, among other things, restrict additional indebtedness, liens and encumbrances, changes to the character of the Company’s business, acquisitions, asset dispositions, mergers and consolidations, sale or discount of receivables, creation or acquisitions of additional subsidiaries, and other matters customarily restricted in such agreements. As of December 31, 2023 December 31, 2023 no December 31, 2023

Note 13 - Leases

Note 13 - Leases	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	13. The Company’s operating lease expense as presented in other general and administrative expense in the Consolidated Statements of Income was $4.6 million, $4.3 million, and $5.5 million for the twelve December 31, 2023 2022 2021 December 31, 2023 2022 December 31, 2023 December 31, 2023 not not The table below presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets as of December 31, 2023 2022 Year Ended December 31, 2023 2022 Assets Classification Operating lease right-of-use assets Operating lease right of use assets, net $ 20,114 $ 22,759 Total leased assets $ 20,114 $ 22,759 Liabilities Operating lease liabilities, current Accounts payable and accrued expenses $ 2,974 $ 2,840 Operating lease liabilities, noncurrent Operating lease liability, noncurrent 20,247 23,321 Total operating lease liabilities $ 23,221 $ 26,161 The table below presents the maturities of lease liabilities under non-cancellable leases as of December 31, 2023 2024 $ 4,296 2025 4,022 2026 3,650 2027 3,385 2028 3,453 Thereafter 10,163 Total undiscounted lease payments $ 28,969 Less imputed interest 5,748 Total lease liabilities $ 23,221 The Company subleases certain of its office space included above under non-cancellable leases and is due to receive future minimum rental payments of approximately $0.2 million and $37,000 for the years ended December 31, 2024 2025,

Note 14 - Litigation

Note 14 - Litigation	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	14. In connection with its business, the Company is from time to time involved in various legal actions. The litigation process is inherently uncertain, and it is possible that the resolution of such matters might have a material adverse effect upon the financial condition and/or results of operations of the Company. However, in the opinion of the Company’s management, matters currently pending or threatened against the Company are not

Note 15 - Non-marketable Equity

Note 15 - Non-marketable Equity Investments	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Non-marketable Equity Investments Disclosure [Text Block]	15. The aggregate carrying amount of non-marketable equity investments accounted for using the measurement alternative for equity investments that do not December 31, 2023 2022 December 31, 2023 2022. not no may

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
	Dec. 31, 2023
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	9B. Other Information None three December 31, 2023, no 10b5 1 10b 5 408
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Business Description [Policy Text Block]	Description of Business HealthStream, Inc. (the "Company") was incorporated in 1990
Revenue from Contract with Customer [Policy Text Block]	Recognition of Revenue In accordance with Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers Revenue is recognized based on the following five • Identification of the contract with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies a performance obligation Subscription revenues primarily consist of fees in consideration of providing customers access to one one five Professional services revenues primarily consist of fees for implementation and onboarding services, consulting, and training. The majority of professional services contracts are billed in advance based on a fixed price basis, and revenue is recognized over time as the services are performed. For both subscription services and professional services, the time between billing the customer and when performance obligations are satisfied is generally not Contracts with customers often contain promises for multiple goods and services. For these contracts, the Company accounts for the promised goods and services in its contracts as separate performance obligations if they are distinct. The contract price, which represents transaction price when the contract reflects a fixed fee arrangement, or management’s estimate of variable consideration including application of the constraint when the contract does not The Company receives payments from customers based on billing schedules established in its contracts. Accounts receivable - unbilled represent contract assets related to its conditional right to consideration for subscription and professional services contracts where performance has occurred under the contract. Accounts receivable are primarily comprised of trade receivables that are recorded at the invoice amount, net of an allowance for credit losses, when the right to consideration becomes unconditional. Deferred revenue represents contract liabilities that are recorded when cash payments are received or are due in advance of satisfaction of performance obligations.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The Consolidated Financial Statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Business Segments [Policy Text Block]	Business Segments The Company’s chief operating decision maker ("CODM") is its Chief Executive Officer. Since January 1, 2023 , not January 1, 2023 , 10 December 31, 2023 .
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The Consolidated Financial Statements are prepared in accordance with United States generally accepted accounting principles. These accounting principles require management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates and such differences could be material to the Consolidated Financial Statements.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents The Company considers cash equivalents to be unrestricted, highly liquid investments with initial maturities of less than three
Marketable Securities, Policy [Policy Text Block]	Marketable Securities Marketable securities are classified as available for sale and are stated at fair market value, with the unrealized gains and losses, net of tax, reported in other accumulated comprehensive income (loss) on the accompanying Consolidated Balance Sheets. Realized gains and losses and declines in market value due to credit-related factors on investments in marketable securities are included in other income, net on the accompanying Consolidated Statements of Income. The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available for sale are included in other income, net on the accompanying Consolidated Statements of Income. Premiums and discounts are amortized over the life of the related available for sale security as an adjustment to the yield using the effective interest method.
Revenue from Contract with Customer Commissions Policy [Policy Text Block]	Deferred Commissions Deferred commissions represent incremental costs to acquire contracts with customers, such as the sales commission payment and associated payroll taxes, which are capitalized and amortized consistent with the transfer of the goods or services to the customer over the expected period of benefit. Capitalized contract costs are included under the caption deferred commissions in the accompanying Consolidated Balance Sheets. The expected period of benefit is the contract term, except when the capitalized commission is expected to provide economic benefit to the Company for a period longer than the contract term, such as for new customer or incremental sales where renewals are expected and renewal commissions are not three
Deferred Charges, Policy [Policy Text Block]	Prepaid Royalties Prepaid royalties represent advance payments to business partners under revenue sharing arrangements for which the Company sells and delivers such partner products to its customers. Royalties are typically paid in advance at the commencement of the subscription period or periodically throughout the subscription period, such as in quarterly, bi-annual, or annual installments. Royalty payments are amortized over the term of the underlying subscription contracts, which generally range from one five
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Allowance for Credit Losses The Company estimates its allowance for credit losses based on its historical collection experience, a review in each period of the aging status of the then-outstanding accounts receivable, and external market factors. Uncollectible receivables are written-off in the period management believes it has exhausted its ability to collect payment from the customer. Expected credit losses are recorded under the caption other general and administrative expenses in the accompanying Consolidated Statements of Income. Changes in the allowance for credit losses and the amounts charged to bad debt expense for the three December 31, 2023 Allowance Balance at Beginning of Period Charged to Costs and Expenses Write-offs Allowance Balance at End of Period 2023 $ 544 $ 1,021 $ (784 ) $ 781 2022 853 385 (694 ) 544 2021 549 723 (419 ) 853
Research, Development, and Computer Software, Policy [Policy Text Block]	Capitalized Software and Content Development Capitalized software and content development is stated on the basis of cost and is presented net of accumulated amortization. The Company capitalizes costs incurred during the development phase for projects to develop software and content. These assets are generally amortized using the straight-line method over three 2023 2022 2023 2022 2021 December 31, 2023 2022
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used in measuring fair value. There are three Level 1 Level 2 1 Level 3 no The Company evaluates assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level at which to classify them for each reporting period. This determination may December 31, 2023 2022 4
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are stated on the basis of cost. Depreciation is provided on the straight-line method over the following estimated useful lives, except for leasehold improvements, which are amortized over the shorter of the estimated useful life or their respective lease term. Years Furniture and fixtures 5 - 7 Equipment 3
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill represents the excess of purchase price in a business combination over the fair value of the net identifiable assets acquired, including intangible assets. The carrying amount of its goodwill is evaluated for impairment at least annually during the fourth may 350, Intangibles Goodwill and Other may first not not not no not no December 31, 2023 2022 2021
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	Intangible Assets The Company estimates fair values of intangible assets using the income and cost methods, which are based on management’s estimates and assumptions. As of December 31, 2023 two eighteen December 31, 2023 fourth may not December 31, 2023 2022 2021
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets Long-lived assets to be held for use are reviewed for events or changes in facts and circumstances, both internally and externally, which may December 31, 2023, 2022, 2021, December 31, 2023 2022 2021
Equity Securities without Readily Determinable Fair Value [Policy Text Block]	Non-Marketable Equity Investments Non-marketable equity investments in limited liability companies with specific ownership accounts for each investor not not not 2016 01, Financial Instruments Overall (Subtopic 825 10 not no may
Fair Value of Financial Instruments, Policy [Policy Text Block]	Financial Instruments The Company has various financial instruments, including cash and cash equivalents, accounts receivable, accounts receivable-unbilled, accounts payable, and accrued liabilities. The carrying amounts of these financial instruments approximate fair value because of the short-term maturity or short-term nature of such instruments. The Company also has marketable securities, which are recorded at approximate fair value based on quoted market prices or alternative pricing sources (see Note 4 15
Advertising Cost [Policy Text Block]	Advertising The Company expenses the costs of advertising as incurred. Advertising expense for the years ended December 31, 2023 2022 2021
Shipping and Handling Costs Policy [Policy Text Block]	Shipping and Handling Costs Shipping and handling costs that are associated with delivering products and services are included under the caption cost of revenues (excluding depreciation and amortization) in the accompanying Consolidated Statements of Income.
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are accounted for using the asset and liability method, whereby deferred tax assets and liabilities are determined based on the temporary differences between the financial statement and tax bases of assets and liabilities measured at tax rates that will be in effect for the year in which the differences are expected to affect taxable income. Management evaluates all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is needed. Future realization of the tax benefit of an existing deductible temporary difference or carryforward ultimately depends on the existence of sufficient taxable income of the appropriate character within the carryback or carryforward period available under the tax law. There are four may 1 2 3 4 December 31, 2023 not not not not
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share Basic earnings per share is computed by dividing the net income available to common shareholders for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing the net income for the period by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares are composed of incremental common shares issuable upon the exercise of stock options and restricted share units subject to vesting. The dilutive effect of common equivalent shares is included in diluted earnings per share by application of the treasury stock method. Common equivalent shares that have an anti-dilutive effect on diluted net income per share are excluded from the calculation of diluted weighted average shares outstanding.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk and Significant Customers The Company’s credit risks relate primarily to cash and cash equivalents, marketable securities, and accounts receivable. The Company places its temporary excess cash in high quality, short-term money market instruments. At times, such investments may The Company sells its products and services to various companies in the healthcare industry that are primarily located in the United States. Customer credit worthiness evaluations are performed on an as-needed basis, and the Company generally requires no not 10% December 31, 2023 2022 2021
Share-Based Payment Arrangement [Policy Text Block]	Stock-Based Compensation As of December 31, 2023 two 10.
Lessee, Leases [Policy Text Block]	Leases The Company has several non-cancelable agreements to lease office space. For leases with a lease term greater than 12 The Company does not 1 2 not 3 not not The Company’s leases do not
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency The functional currency for the Company’s subsidiaries is determined based on the primary economic environment in which the subsidiary operates. The Company translates the assets and liabilities of its non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenues and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized as cumulative translation adjustments included in accumulated other comprehensive income in the Consolidated Balance Sheets.
Recently Adopted Accounting Standards Policy [Policy Text Block]	Recently Issued Accounting Pronouncements Not Yet Adopted In November 2023, 2023 07, Segment Reporting (Topic 280 Improvements to Reportable Segment Disclosures 2023 07 December 15, 2023, December 15, 2024. 2023 07 December 31, 2024. In December 2023, 2023 09, Income Taxes (Topic 740 December 15, 2024,

Note 1 - Overview and Basis o_2

Note 1 - Overview and Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Allowance Balance at Beginning of Period Charged to Costs and Expenses Write-offs Allowance Balance at End of Period 2023 $ 544 $ 1,021 $ (784 ) $ 781 2022 853 385 (694 ) 544 2021 549 723 (419 ) 853
Property Plant and Equipment Useful Lives [Table Text Block]	Years Furniture and fixtures 5 - 7 Equipment 3

Note 2 - Shareholders' Equity (

Note 2 - Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Dividends Declared [Table Text Block]	Dividend Payment Date Dividend Declaration Date Dividend Per Share Record Date Cash Outlay April 28, 2023 February 20, 2023 $ 0.025 April 17, 2023 $ 767,000 June 23, 2023 April 24, 2023 0.025 June 12, 2023 767,000 September 29, 2023 July 24, 2023 0.025 September 18, 2023 767,000 December 22, 2023 October 23, 2023 0.025 December 11, 2023 757,000 Total dividends $ 0.10 $ 3,058,000

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year Ended December 31, 2023 2022 2021 Numerator: Net income $ 15,213 $ 12,091 $ 5,845 Denominator: Weighted-average shares outstanding 30,571 30,648 31,534 Effect of dilutive shares 102 69 84 Weighted-average diluted shares 30,673 30,717 31,618 Net income per share: Basic $ 0.50 $ 0.39 $ 0.19 Diluted $ 0.50 $ 0.39 $ 0.18

Note 4 - Marketable Securities

Note 4 - Marketable Securities (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Debt Securities, Available-for-Sale [Table Text Block]	December 31, 2023 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Level 2: U.S. government debt securities $ 30,791 $ 10 $ (1 ) $ 30,800 Total $ 30,791 $ 10 $ (1 ) $ 30,800 December 31, 2022 Adjusted Cost Unrealized Gains Unrealized Losses Fair Value Level 2: U.S. government debt securities $ 7,882 $ 3 $ — $ 7,885 Total $ 7,882 $ 3 $ — $ 7,885

Note 5 - Revenue Recognition _2

Note 5 - Revenue Recognition and Sales Commissions (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year Ended December 31, 2023 2022 2021 Subscription services $ 267,935 $ 253,960 $ 243,617 Professional services 11,128 12,866 13,095 Total revenues, net $ 279,063 $ 266,826 $ 256,712

Note 6 - Property and Equipme_2

Note 6 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, 2023 2022 Equipment $ 12,541 $ 15,843 Leasehold improvements 14,937 14,937 Furniture and fixtures 5,030 4,983 Gross property and equipment 32,508 35,763 Accumulated depreciation and amortization (19,503 ) (20,280 ) Property and equipment, net $ 13,005 $ 15,483

Note 7 - Goodwill and Intangi_2

Note 7 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Goodwill [Table Text Block]	2023 Balance at January 1, 2023 $ 192,398 Post-closing adjustment for eeds (1,305 ) Effect of exchange rate changes 286 Balance at December 31, 2023 $ 191,379 2022 Balance at January 1, 2022 $ 182,501 Acquisition of CloudCME 6,819 Acquisition of eeds 3,568 Post-closing adjustment for ANSOS 267 Post-closing adjustment for ComplyALIGN 40 Post-closing adjustment for Rievent 46 Effect of exchange rate changes (843 ) Balance at December 31, 2022 $ 192,398
Schedule of Finite-Lived Intangible Assets [Table Text Block]	As of December 31, 2023 As of December 31, 2022 Gross Amount Accumulated Amortization Net Gross Amount Accumulated Amortization Net Customer related $ 111,837 $ (57,095 ) $ 54,742 $ 109,821 $ (48,552 ) $ 61,269 Other 29,892 (16,603 ) 13,289 33,102 (12,818 ) 20,284 Total $ 141,729 $ (73,698 ) $ 68,031 $ 142,923 $ (61,370 ) $ 81,553
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2024 $ 13,348 2025 12,528 2026 9,453 2027 8,669 2028 5,472 Thereafter 18,561 Total $ 68,031

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Year Ended December 31, 2023 2022 2021 United States $ 18,472 $ 15,777 $ 8,006 Foreign 39 (192 ) (240 ) Earnings before income taxes $ 18,511 $ 15,585 $ 7,766
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, 2023 2022 2021 Current federal $ 4,066 $ 1,972 $ 5 Current state 942 923 406 Current foreign 15 (110 ) (29 ) Deferred federal (1,493 ) 495 926 Deferred state (214 ) 239 699 Deferred foreign (18 ) (25 ) (86 ) Provision for income taxes $ 3,298 $ 3,494 $ 1,921
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2023 2022 2021 Federal tax provision at the statutory rate $ 3,887 $ 3,274 $ 1,631 State income tax provision, net of federal benefit 528 975 1,297 Tax credits (1,197 ) (1,227 ) (717 ) Change in valuation allowance 3 51 (272 ) Adjustments for prior year taxes (19 ) (261 ) (13 ) Changes in uncertain tax positions 167 767 (10 ) Other (71 ) (85 ) 5 Provision for income taxes $ 3,298 $ 3,494 $ 1,921
Summary of Income Tax Contingencies [Table Text Block]	December 31, 2023 2022 Balance at beginning of year $ 1,036 $ 300 Additions for tax positions in current year 298 743 Reductions for tax positions of prior years (174 ) (7 ) Balance at end of year $ 1,160 $ 1,036
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2023 2022 Deferred tax assets: Allowance for credit losses $ 202 $ 142 Accrued liabilities 1,013 1,111 Lease liability 5,931 6,896 Tax credits 467 362 Stock-based compensation 1,161 1,064 Deferred revenue 628 653 Net operating loss carryforwards 3,282 4,069 Total deferred tax assets 12,684 14,297 Less: Valuation allowance (1,992 ) (1,947 ) Deferred tax assets, net of valuation allowance 10,692 12,350 Deferred tax liabilities: Deductible goodwill 6,829 5,691 Nondeductible intangible assets 2,087 2,878 Right of use assets 5,130 6,001 Prepaid assets 10,285 9,302 Capitalized software development 181 3,415 Depreciation 1,914 2,548 Basis difference on investments 151 128 Total deferred tax liabilities 26,577 29,963 Net deferred tax liabilities $ 15,885 $ 17,613

Note 10 - Stock-based Compens_2

Note 10 - Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Weighted- Common Average Aggregate Shares Exercise Price Intrinsic Value Outstanding at beginning of period 90 $ 20.34 Granted — — Exercised — — Expired — — Forfeited — — Outstanding at end of period 90 $ 20.34 $ 602 Exercisable at end of period 59 $ 20.34 $ 391
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Weighted- Number of Average Grant Date Aggregate RSU’s Fair Value Intrinsic Value Outstanding at beginning of period 532 $ 22.49 Granted 268 24.67 Vested (159 ) 23.55 Forfeited (22 ) 23.63 Outstanding at end of period 619 $ 23.12 $ 16,727
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Years Ended December 31, 2023 2022 2021 Cost of revenues (excluding depreciation and amortization) $ 183 $ 155 $ 944 Product development 692 608 1,164 Sales and marketing 485 239 759 Other general and administrative 2,793 2,552 2,436 Total stock-based compensation expense $ 4,153 $ 3,554 $ 5,303

Note 13 - Leases (Tables)

Note 13 - Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Lessee, Operating Lease, Assets and Liabilities [Table Text Block]	Year Ended December 31, 2023 2022 Assets Classification Operating lease right-of-use assets Operating lease right of use assets, net $ 20,114 $ 22,759 Total leased assets $ 20,114 $ 22,759 Liabilities Operating lease liabilities, current Accounts payable and accrued expenses $ 2,974 $ 2,840 Operating lease liabilities, noncurrent Operating lease liability, noncurrent 20,247 23,321 Total operating lease liabilities $ 23,221 $ 26,161
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	2024 $ 4,296 2025 4,022 2026 3,650 2027 3,385 2028 3,453 Thereafter 10,163 Total undiscounted lease payments $ 28,969 Less imputed interest 5,748 Total lease liabilities $ 23,221

Note 1 - Overview and Basis o_3

Note 1 - Overview and Basis of Presentation (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Capitalized Software Development Amortization Period (Year)	3 years
Capitalized Computer Software, During Period, Gross	$ 25,500	$ 23,800
Capitalized Computer Software, Amortization	22,000	18,900	$ 15,600
Capitalized Software Development Costs for Software Sold to Customers	0	0
Impairment of Intangible Assets, Finite-Lived	0
Payments to Acquire Productive Assets	27,300	25,900	23,400
Impairment, Long-Lived Asset, Held-for-Use	$ 0	0	0
Number of Possible Sources of Taxable Income	4
Deferred Tax Assets, Valuation Allowance	$ 1,992	1,947
Selling and Marketing Expense [Member]
Advertising Expense	$ 1,500	$ 1,900	$ 1,900
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	18 years
Weighted Average [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	11 years 8 months 12 days

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies - Changes in the Allowance for Doubtful Accounts and the Amounts Charged to Bad Debt Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance balance	$ 544	$ 853	$ 549
Accounts Receivable, Credit Loss Expense (Reversal)	1,021	385	723
Write-offs	(784)	(694)	(419)
Allowance balance	$ 781	$ 544	$ 853

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies - Estimated Useful Lives of Property and Equipment (Details)	Dec. 31, 2023
Equipment [Member]
Property and equipment, estimated useful lives (Year)	3 years
Minimum [Member] | Furniture and Fixtures [Member]
Property and equipment, estimated useful lives (Year)	5 years
Maximum [Member] | Furniture and Fixtures [Member]
Property and equipment, estimated useful lives (Year)	7 years

Note 2 - Shareholders' Equity_2

Note 2 - Shareholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands				12 Months Ended
	Feb. 19, 2024	Oct. 23, 2023	Nov. 30, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 13, 2023	Mar. 14, 2022
Common Stock, Shares Authorized (in shares)				75,000,000	75,000,000
Common Stock, Shares, Outstanding (in shares)				30,298,000	30,579,000
Common Stock, Shares, Issued (in shares)				30,298,000	30,579,000
Preferred Stock, Shares Authorized (in shares)				10,000,000
Preferred Stock, Shares Outstanding (in shares)				0	0
Preferred Stock, Shares Issued (in shares)				0	0
Common Stock, Dividends, Per Share, Declared (in dollars per share)				$ 0.1	$ 0	$ 0
Dividends Payable, Date of Record		Mar. 11, 2024
Stock Repurchased During Period, Value				$ 8,929	$ 23,032	$ 5,114
November 2021 Share Repurchase Program [Member]
Stock Repurchase Program, Authorized Amount			$ 20,000
Stock Repurchased During Period, Shares (in shares)			853,023		649,739
Stock Repurchased During Period, Value			$ 20,000		$ 14,900
Stock Repurchased Average Price per Share (in dollars per share)			$ 23.45		$ 22.92
March 2022 Share Repurchase Program [Member]
Stock Repurchase Program, Authorized Amount								$ 10,000
Stock Repurchased During Period, Shares (in shares)					402,050
Stock Repurchased During Period, Value					$ 8,100
Stock Repurchased Average Price per Share (in dollars per share)					$ 20.19
September 2023 Share Repurchase Program [Member]
Stock Repurchase Program, Authorized Amount							$ 10,000
Stock Repurchased During Period, Shares (in shares)				404,188
Stock Repurchased During Period, Value				$ 8,900
Stock Repurchased Average Price per Share (in dollars per share)				$ 22.07
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.028
Dividends Payable, Date to be Paid	Mar. 22, 2024

Note 2 - Shareholders' Equity -

Note 2 - Shareholders' Equity - Dividend Policy (Details) - USD ($)		12 Months Ended
	Oct. 23, 2023	Dec. 31, 2023
Dividends, amount per share (in dollars per share)		$ 0.1
Dividends Payable, Date of Record	Mar. 11, 2024
Dividends, cash outlay		$ 3,058,000
First Quarter Dividends [Member]
Dividends, declaration date		Feb. 20, 2023
Dividends, amount per share (in dollars per share)		$ 0.025
Dividends Payable, Date of Record		Apr. 17, 2023
Dividends, cash outlay		$ 767,000
Second Quarter Dividends [Member]
Dividends, declaration date		Apr. 24, 2023
Dividends, amount per share (in dollars per share)		$ 0.025
Dividends Payable, Date of Record		Jun. 12, 2023
Dividends, cash outlay		$ 767,000
Third Quarter Dividends [Member]
Dividends, declaration date		Jul. 24, 2023
Dividends, amount per share (in dollars per share)		$ 0.025
Dividends Payable, Date of Record		Sep. 18, 2023
Dividends, cash outlay		$ 767,000
Fourth Quarter Dividends [Member]
Dividends, declaration date		Oct. 23, 2023
Dividends, amount per share (in dollars per share)		$ 0.025
Dividends Payable, Date of Record		Dec. 11, 2023
Dividends, cash outlay		$ 757,000

Note 3 - Earnings Per Share (De

Note 3 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	252,000	183,000	78,000

Note 3 - Earnings Per Share - C

Note 3 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net income	$ 15,213	$ 12,091	$ 5,845
Weighted-average shares outstanding (in shares)	30,571	30,648	31,534
Effect of dilutive shares (in shares)	102	69	84
Weighted-average diluted shares (in shares)	30,673	30,717	31,618
Net income per share:
Basic (in dollars per share)	$ 0.5	$ 0.39	$ 0.19
Diluted (in dollars per share)	$ 0.5	$ 0.39	$ 0.18

Note 4 - Marketable Securitie_2

Note 4 - Marketable Securities (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$ 0	$ 0

Note 4 - Marketable Securitie_3

Note 4 - Marketable Securities - Fair Value of Available for Sale Marketable Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Adjusted Cost	$ 30,791	$ 7,882
Unrealized Gains	10	3
Unrealized Losses	(1)	0
Fair Value	30,800	7,885
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Adjusted Cost	30,791	7,882
Unrealized Gains	10	3
Unrealized Losses	(1)	0
Fair Value	$ 30,800	$ 7,885

Note 5 - Revenue Recognition _3

Note 5 - Revenue Recognition and Sales Commissions 1 (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Credit Loss Expense (Reversal)	$ 1,021	$ 385	$ 723
Contract with Customer, Liability, Revenue Recognized	79,600	71,400	62,300
Revenue, Remaining Performance Obligation, Amount	$ 541,000
Revenue, Remaining Performance Obligation, Percentage	42%
Amortization of Deferred Sales Commissions	$ 11,495	10,599	9,169
Customer Contracts [Member]
Accounts Receivable, Credit Loss Expense (Reversal)	$ 1,000	$ 400	$ 700

Note 5 - Revenue Recognition _4

Note 5 - Revenue Recognition and Sales Commissions 2 (Details Textual)	Dec. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	12 months

Note 5 - Revenue Recognition _5

Note 5 - Revenue Recognition and Sales Commissions - Revenues Disaggregated By Revenue Source (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues	$ 279,063	$ 266,826	$ 256,712
Subscription Services [Member]
Revenues	267,935	253,960	243,617
Professional Services [Member]
Revenues	$ 11,128	$ 12,866	$ 13,095

Note 6 - Property and Equipme_3

Note 6 - Property and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Depreciation	$ 4.2	$ 4.5	$ 6.3

Note 6 - Property and Equipme_4

Note 6 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, plant and equipment	$ 32,508	$ 35,763
Accumulated depreciation and amortization	(19,503)	(20,280)
Property and equipment, net	13,005	15,483
Equipment [Member]
Property, plant and equipment	12,541	15,843
Leasehold Improvements [Member]
Property, plant and equipment	14,937	14,937
Furniture and Fixtures [Member]
Property, plant and equipment	$ 5,030	$ 4,983

Note 7 - Goodwill and Intangi_3

Note 7 - Goodwill and Intangible Assets (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets (Excluding Goodwill), Ending Balance	$ 700,000
Amortization of Intangible Assets	$ 14,900	$ 14,500	$ 14,900
Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	10 years
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	2 years
Minimum [Member] | Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	8 years
Minimum [Member] | Other Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	18 years
Maximum [Member] | Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	18 years
Maximum [Member] | Other Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	10 years

Note 7 - Goodwill and Intangi_4

Note 7 - Goodwill and Intangible Assets - Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Balance	$ 192,398	$ 182,501
Post-closing adjustment	(1,305)
Effect of exchange rate changes	286	(843)
Balance	191,379	192,398
CloudCME, LLC [Member]
Acquisition of CloudCME		6,819
Electronic Education Documentation System, LLC [Member]
Balance	$ 2,300
Acquisition of CloudCME		3,568
ANSOS [Member]
Post-closing adjustment		267
ComplyALIGN [Member]
Post-closing adjustment		40
Rievent Technologies [Member]
Post-closing adjustment		$ 46

Note 7 - Goodwill and Intangi_5

Note 7 - Goodwill and Intangible Assets - Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Gross Amount	$ 141,729	$ 142,923
Accumulated Amortization	(73,698)	(61,370)
Net	68,031	81,553
Customer Relationships [Member]
Gross Amount	111,837	109,821
Accumulated Amortization	(57,095)	(48,552)
Net	54,742	61,269
Other Intangible Assets [Member]
Gross Amount	29,892	33,102
Accumulated Amortization	(16,603)	(12,818)
Net	$ 13,289	$ 20,284

Note 7 - Goodwill and Intangi_6

Note 7 - Goodwill and Intangible Assets - Expected Annual Amortization Expense (Details) $ in Thousands	Dec. 31, 2023 USD ($)
2024	$ 13,348
2025	12,528
2026	9,453
2027	8,669
2028	5,472
Thereafter	18,561
Total	$ 68,031

Note 8 - Business Combinations

Note 8 - Business Combinations (Details Textual) - USD ($) $ in Thousands			12 Months Ended
	Dec. 31, 2022	May 18, 2022	Dec. 31, 2023	Dec. 31, 2021
Goodwill	$ 192,398		$ 191,379	$ 182,501
CloudCME, LLC [Member]
Business Acquisition, Percentage of Voting Interests Acquired		82%
Payments to Acquire Businesses, Gross		$ 4,000
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable		$ 4,100
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage		18%
Business Combination, Acquisition Related Costs		$ 100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		9,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		3,800
Goodwill		$ 6,800
Electronic Education Documentation System, LLC [Member]
Payments to Acquire Businesses, Gross	6,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net			6,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			4,700
Goodwill			2,300
Business Combination, Consideration Transferred	7,000
Business Combination, Consideration Transferred, Amount Held in Escrow	$ 600
Electronic Education Documentation System, LLC [Member] | Noncompete Agreements [Member]
Finite-Lived Intangible Assets, Purchase Accounting Adjustments			$ 100

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets, Valuation Allowance	$ 1,992,000	$ 1,947,000
Unrecognized Tax Benefits, Increase Resulting from Evaluation Research & Development Credit Realizability Qualification	100,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	43,000	31,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	1,200,000	$ 1,000,000
Income Tax Expense (Benefit), Discrete Adjustments	(100,000)
Domestic Tax Authority [Member]
Operating Loss Carryforwards	$ 3,300,000
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Income Tax Examination, Year under Examination	2018
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 9,000,000
Foreign Tax Authority [Member]
Operating Loss Carryforwards	$ 8,400,000

Note 9 - Income Taxes - Schedul

Note 9 - Income Taxes - Schedule of Components of Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
United States	$ 18,472	$ 15,777	$ 8,006
Foreign	39	(192)	(240)
Earnings before income taxes	$ 18,511	$ 15,585	$ 7,766

Note 9 - Income Taxes - Summary

Note 9 - Income Taxes - Summary of Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current federal	$ 4,066	$ 1,972	$ 5
Current state	942	923	406
Current foreign	15	(110)	(29)
Deferred federal	(1,493)	495	926
Deferred state	(214)	239	699
Deferred foreign	(18)	(25)	(86)
Provision for income taxes	$ 3,298	$ 3,494	$ 1,921

Note 9 - Income Taxes - Reconci

Note 9 - Income Taxes - Reconciliation of Income Taxes at the Statutory Federal Income Tax Rate to the Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Federal tax provision at the statutory rate	$ 3,887	$ 3,274	$ 1,631
State income tax provision, net of federal benefit	528	975	1,297
Tax credits	(1,197)	(1,227)	(717)
Change in valuation allowance	3	51	(272)
Adjustments for prior year taxes	(19)	(261)	(13)
Changes in uncertain tax positions	167	767	(10)
Other	(71)	(85)	5
Provision for income taxes	$ 3,298	$ 3,494	$ 1,921

Note 9 - Income Taxes - Recon_2

Note 9 - Income Taxes - Reconciliation of the Beginning and Ending Liability for Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Balance	$ 1,036	$ 300
Additions for tax positions in current year	298	743
Reductions for tax positions of prior years	(174)	(7)
Balance at end of year	$ 1,160	$ 1,036

Note 9 - Income Taxes - Signifi

Note 9 - Income Taxes - Significant Components of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Allowance for credit losses	$ 202	$ 142
Accrued liabilities	1,013	1,111
Lease liability	5,931	6,896
Tax credits	467	362
Stock-based compensation	1,161	1,064
Deferred revenue	628	653
Net operating loss carryforwards	3,282	4,069
Total deferred tax assets	12,684	14,297
Less: Valuation allowance	(1,992)	(1,947)
Deferred tax assets, net of valuation allowance	10,692	12,350
Deferred tax liabilities:
Deductible goodwill	6,829	5,691
Nondeductible intangible assets	2,087	2,878
Right of use assets	5,130	6,001
Prepaid assets	10,285	9,302
Capitalized software development	181	3,415
Depreciation	1,914	2,548
Basis difference on investments	151	128
Total deferred tax liabilities	26,577	29,963
Net deferred tax liabilities	$ 15,885	$ 17,613

Note 10 - Stock-based Compens_3

Note 10 - Stock-based Compensation (Details Textual) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2021 USD ($) shares	Dec. 31, 2021 USD ($)	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Payment, Tax Withholding, Share-Based Payment Arrangement			$ 934	$ 565	$ 1,182
Share-based Payment Arrangement, Expense			4,153	$ 3,554	5,303
Share-based Payment Arrangement, Expensed and Capitalized, Amount, Total					$ 200
Chief Executive Officer [Member]
Stock Redeemed or Called During Period, Shares (in shares) | shares	86,494
Stock Redeemed or Called During Period, Value	$ 2,250
Additional Stock Redeemed or Called During Period, Shares (in shares) | shares					7,113
Stock Options And Restricted Stock Units [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 6,500
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			2 years 6 months
Employee Service Share-based Compensation, Tax Benefit Expense from Exercise of Stock Options			$ 100
The 2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			5 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares) | shares			1,061,235
Share Price (in dollars per share) | $ / shares			$ 27.03
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)			7 years
Restricted Stock, Shares Issued Net of Shares for Tax Withholdings (in shares) | shares			36,000	28,000
The 2016 Plan [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 3,800	$ 3,100
Payment, Tax Withholding, Share-Based Payment Arrangement			$ 900	$ 600	$ 500
The 2016 Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares (in shares) | shares	86,494
Number of Employees Awarded Fully Vested Shares	1,000
Share-based Payment Arrangement, Expense		$ 2,250
Payments Related to Tax Withholding for Share Based Compensation for Stock Awards					$ 700

Note 10 - Stock Based Compensat

Note 10 - Stock Based Compensation - Stock Option Activity (Details) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares
Outstanding, Shares (in shares) | shares	90
Outstanding, Weighted average exercise price (in dollars per share) | $ / shares	$ 20.34
Granted, Shares (in shares) | shares	0
Granted, Weighted average exercise price (in dollars per share) | $ / shares	$ 0
Exercised, Shares (in shares) | shares	0
Exercised, Weighted average exercise price (in dollars per share) | $ / shares	$ 0
Expired, Shares (in shares) | shares	0
Expired, Weighted average exercise price (in dollars per share) | $ / shares	$ 0
Forfeited, Shares (in shares) | shares	0
Forfeited, Weighted average exercise price (in dollars per share) | $ / shares	$ 0
Outstanding, Shares (in shares) | shares	90
Outstanding, Weighted average exercise price (in dollars per share) | $ / shares	$ 20.34
Outstanding, Aggregate intrinsic value | $	$ 602
Exercisable, Shares (in shares) | shares	59
Exercisable, Weighted average exercise price (in dollars per share) | $ / shares	$ 20.34
Exercisable, Aggregate intrinsic value | $	$ 391

Note 10 - Stock Based Compens_2

Note 10 - Stock Based Compensation - RSUs Activities (Details) - Restricted Stock Units (RSUs) [Member] $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares
Outstanding, shares (in shares) | shares	532
Outstanding, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 22.49
Granted, shares (in shares) | shares	268
Granted, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 24.67
Vested, shares (in shares) | shares	(159)
Vested, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 23.55
Forfeited, shares (in shares) | shares	(22)
Forfeited, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 23.63
Outstanding, shares (in shares) | shares	619
Outstanding, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 23.12
Outstanding, aggregate intrinsic value | $	$ 16,727

Note 10 - Stock Based Compens_3

Note 10 - Stock Based Compensation - Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
stock based compensation expense	$ 4,153	$ 3,554	$ 5,303
Cost of Sales [Member]
stock based compensation expense	183	155	944
Product Development [Member]
stock based compensation expense	692	608	1,164
Selling and Marketing Expense [Member]
stock based compensation expense	485	239	759
General and Administrative Expense [Member]
stock based compensation expense	$ 2,793	$ 2,552	$ 2,436

Note 11 - Employee Benefit Pl_2

Note 11 - Employee Benefit Plan (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 1.6	$ 1.5	$ 2

Note 12 - Debt (Details Textual

Note 12 - Debt (Details Textual) - USD ($) $ in Thousands	Oct. 06, 2023	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt, Gross		$ 0	$ 0
Revolving Credit Facility [Member] | Truist Bank [Member]
Debt Instrument, Covenant, Maximum Funded Debt Leverage Ratio	3
Debt Instrument, Covenant, Interest Coverage Ratio	3
Long-Term Line of Credit, Total		$ 0
Revolving Credit Facility [Member] | Truist Bank [Member] | Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.20%
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000
Line of Credit Facility, Increased Facility Size Due to Accordion Feature	$ 25,000
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.10%
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Base Rate [Member] | Minimum [Member]
Line of Credit Facility, Percentage of Applicable Margin for Borrowings	0.50%
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member]
Line of Credit Facility, Percentage of Applicable Margin for Borrowings	1.50%
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Swing Line Subfacility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 5,000
Third Amendment [Member] | Revolving Credit Facility [Member] | Truist Bank [Member] | Letter of Credit Subfacility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 5,000

Note 13 - Leases (Details Textu

Note 13 - Leases (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Lease, Cost	$ 4,600,000	$ 4,300,000	$ 5,500,000
Operating Lease, Payments	$ 4,400,000	$ 4,700,000
Operating Lease, Weighted Average Remaining Lease Term (Year)	7 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	6%
Lessor, Operating Lease, Payment to be Received, Year One	$ 200,000
Lessor, Operating Lease, Payment to be Received, Year Three	$ 37,000

Note 13 - Leases - Lease-relate

Note 13 - Leases - Lease-related Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Operating lease right of use assets, net	$ 20,114	$ 22,759
Operating lease liability, noncurrent	20,247	23,321
Total operating lease liabilities	23,221	26,161
Accounts Payable and Accrued Liabilities [Member]
Operating lease liabilities, current	$ 2,974	$ 2,840

Note 13 - Leases - Maturities o

Note 13 - Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
2024	$ 4,296
2025	4,022
2026	3,650
2027	3,385
2028	3,453
Thereafter	10,163
Total undiscounted lease payments	28,969
Less imputed interest	5,748
Total lease liabilities	$ 23,221	$ 26,161

Note 15 - Non-marketable Equi_2

Note 15 - Non-marketable Equity Investments (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Equity Securities without Readily Determinable Fair Value, Amount	$ 1,500	$ 1,500
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Cumulative Amount	$ 0	$ 0