HireQuest (HQI) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2024	Nov. 06, 2024
Document Information [Line Items]
Entity Central Index Key	0001140102
Entity Registrant Name	HireQuest, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-38513
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	91-2079472
Entity Address, Address Line One	111 Springhall Drive
Entity Address, City or Town	Goose Creek
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29445
City Area Code	843
Local Phone Number	723-7400
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	HQI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		14,000,000

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 1,621	$ 1,342
Accounts receivable, net of allowance of $395 and $199	50,492	44,394
Notes receivable	1,628	1,788
Prepaid expenses, deposits, and other assets	2,576	3,283
Prepaid workers' compensation	1,726	646
Total current assets	58,043	51,453
Property and equipment, net	4,157	4,280
Workers’ compensation claim payment deposit	1,127	1,469
Deferred tax asset	1,762	325
Franchise agreements, net	20,163	21,440
Other intangible assets, net	8,569	10,162
Goodwill	1,075	5,870
Other assets	63	102
Notes receivable, net of current portion and allowance of $623 thousand	6,810	7,834
Intangible asset held for sale - discontinued operations	891	891
Total assets	102,660	103,826
Current liabilities
Accounts payable	773	137
Line of credit	13,403	14,119
Term loan payable	219	514
Other current liabilities	1,666	2,338
Accrued payroll, benefits, and payroll taxes	3,160	4,286
Due to franchisees	11,013	9,881
Risk management incentive program liability	680	565
Workers' compensation claims liability	3,736	3,871
Total current liabilities	34,650	35,711
Term loan payable, net of current portion	0	132
Workers' compensation claims liability, net of current portion	2,673	2,766
Franchisee deposits	2,422	2,485
Total liabilities	39,745	41,094
Commitments and contingencies (Note 11)
Stockholders' equity
Preferred stock - $0.001 par value, 1,000 shares authorized; none issued	0	0
Common stock - $0.001 par value, 30,000 shares authorized; 14,068 and 13,997 shares issued, respectively	14	14
Additional paid-in capital	35,776	34,527
Treasury stock, at cost - 40 shares	(146)	(146)
Retained earnings	27,271	28,337
Total stockholders' equity	62,915	62,732
Total liabilities and stockholders' equity	$ 102,660	$ 103,826

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Allowance for credit loss	$ 395	$ 199
Notes receivable, allowance	$ 623	$ 623
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	1,000	1,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	30,000	30,000
Common stock, shares issued (in shares)	14,068	13,997
Treasury stock, shares (in shares)	40	40

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue	$ 9,416	$ 9,271	$ 26,515	$ 28,118
Selling, general and administrative expenses	5,379	6,354	16,286	17,824
Goodwill and intangible asset impairment charge	6,035	0	6,035	0
Depreciation and amortization	697	699	2,092	2,096
(Loss) income from operations	(2,695)	2,218	2,102	8,198
Other miscellaneous income (expense)	(65)	117	12	259
Interest income	138	83	424	197
Interest and other financing expense	(268)	(302)	(763)	(1,155)
Net (loss) income before income taxes	(2,890)	2,116	1,775	7,499
(Benefit) provision for income taxes	(725)	518	172	1,530
Net (loss) income from continuing operations	(2,165)	1,598	1,603	5,969
(Loss) income from discontinued operations, net of tax	(42)	(115)	(152)	151
Net income	$ (2,207)	$ 1,483	$ 1,451	$ 6,120
Basic (loss) earnings per share
Continuing operations (in dollars per share)	$ (0.16)	$ 0.12	$ 0.12	$ 0.44
Discontinued operations (in dollars per share)	0	(0.01)	(0.01)	0.01
Total (in dollars per share)	(0.16)	0.11	0.11	0.45
Diluted (loss) earnings per share
Continuing operations (in dollars per share)	(0.16)	0.12	0.11	0.44
Discontinued operations (in dollars per share)	0	(0.01)	(0.01)	0.01
Total (in dollars per share)	$ (0.16)	$ 0.11	$ 0.1	$ 0.45
Weighted average shares outstanding
Basic (in shares)	13,834	13,751	13,817	13,709
Diluted (in shares)	13,834	13,820	13,907	13,777
Royalty [Member]
Revenue	$ 8,988	$ 8,905	$ 25,029	$ 27,017
Service [Member]
Revenue	$ 428	$ 366	$ 1,486	$ 1,101

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Treasury Stock, Common [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2022	13,918
Balance at Dec. 31, 2022	$ 14	$ (146)	$ 32,844	$ 25,542	$ 58,254
Stock based compensation		0	1,128	0	1,128
Common stock dividends	$ 0	0	0	(2,504)	(2,504)
Restricted common stock granted (in shares)	64
Net Income (loss)		0	0	6,120	6,120
Balance (in shares) at Sep. 30, 2023	13,982
Balance at Sep. 30, 2023	$ 14	(146)	33,972	29,158	62,998
Balance (in shares) at Jun. 30, 2023	13,939
Balance at Jun. 30, 2023	$ 14	(146)	33,666	28,512	62,046
Stock based compensation		0	306	0	306
Common stock dividends	$ 0	0	0	(837)	(837)
Restricted common stock granted (in shares)	43
Net Income (loss)		0	0	1,483	1,483
Balance (in shares) at Sep. 30, 2023	13,982
Balance at Sep. 30, 2023	$ 14	(146)	33,972	29,158	62,998
Balance (in shares) at Dec. 31, 2023	13,997
Balance at Dec. 31, 2023	$ 14	(146)	34,527	28,337	62,732
Stock based compensation		0	1,249	0	1,249
Common stock dividends	$ 0	0	0	(2,517)	(2,517)
Restricted common stock granted (in shares)	71
Net Income (loss)		0	0	1,451	1,451
Balance (in shares) at Sep. 30, 2024	14,068
Balance at Sep. 30, 2024	$ 14	(146)	35,776	27,271	62,915
Balance (in shares) at Jun. 30, 2024	14,013
Balance at Jun. 30, 2024	$ 14	(146)	35,227	30,319	65,414
Stock based compensation		0	549	0	549
Common stock dividends	$ 0	0	0	(841)	(841)
Restricted common stock granted (in shares)	55
Net Income (loss)	$ 0	0	0	(2,207)	(2,207)
Balance (in shares) at Sep. 30, 2024	14,068
Balance at Sep. 30, 2024	$ 14	$ (146)	$ 35,776	$ 27,271	$ 62,915

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 1,451	$ 6,120
Loss (income) from discontinued operations	152	(151)
Net income from continuing operations	1,603	5,969
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	2,092	2,096
Non-cash interest	14	348
Goodwill and intangible asset impairment charge	6,035	0
Provision for credit losses	196	300
Stock based compensation	1,249	1,128
Deferred taxes	(1,437)	(17)
Write down of note receivable	125	0
Loss on disposition of intangible assets	111	0
Non-cash gain	0	(77)
Changes in operating assets and liabilities:
Accounts receivable	(6,294)	(4,443)
Prepaid expenses, deposits, and other assets	731	(1,460)
Prepaid workers' compensation	(1,080)	(163)
Accounts payable	636	(238)
Risk management incentive program liability	115	(356)
Other current liabilities	(684)	(869)
Accrued payroll, benefits and payroll taxes	(1,126)	(1,008)
Due to franchisees	1,133	1,144
Workers' compensation claim payment deposit	342	(238)
Workers' compensation claims liability	(227)	(285)
Net cash provided by operating activities - continuing operations	3,534	1,831
Net cash used in operating activities - discontinued operations	(152)	(46)
Net cash provided by operating activities	3,382	1,785
Cash flows from investing activities
Cash paid for acquisition	(300)	0
Purchase of property and equipment	0	(98)
Proceeds from the sale of purchased locations	100	0
Proceeds from payments on notes receivable	1,171	685
Cash issued for notes receivable	(13)	(143)
Investment in intangible asset	(338)	(290)
Net change in franchisee deposits	(63)	156
Net cash provided by investing activities	557	310
Cash flows from financing activities
Payments on term loan payable	(426)	(3,266)
Payments related to debt issuance	0	(131)
Net (payments to) proceeds from revolving line of credit	(717)	1,867
Net cash used in financing activities	(3,660)	(4,034)
Net increase (decrease) in cash	279	(1,939)
Cash, beginning of period	1,342	3,049
Cash, end of period	1,621	1,110
Supplemental disclosure of non-cash investing and financing activities
Notes receivable issued for the sale of intangible assets	100	2,017
Supplemental disclosure of cash flow information
Interest paid	744	1,124
Income taxes paid, net of refunds	796	2,040
Line of Credit [Member] | Revolving Credit Facility [Member]
Cash flows from financing activities
Payment of dividends	$ (2,517)	$ (2,504)

Note 1 - Overview and Summary o

Note 1 - Overview and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	Note 1 Nature of Business HireQuest, Inc., together with its subsidiaries, (“HQI,” the “Company,” “we,” us,” or “our”) is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions primarily in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. Our franchisees provide various types of temporary personnel through two On December 4, 2023 40 Note 2 As of September 30, 2024 1 13 Basis of Presentation We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and with the instructions to Article 8 X. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our Annual Report filed on Form 10 December 31, 2023 not Consolidation The consolidated financial statements include the accounts of HQI and all of its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated. U.S. GAAP requires the primary beneficiary of a variable interest entity (“VIE”) to consolidate that entity. To be the primary beneficiary of a VIE, an entity must have both the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits from the VIE that are significant to the beneficiary. We provide acquisition financing to some of our franchisees that could result in our having to absorb losses. This results in some franchisees being considered VIEs. We have reviewed our relationship with each of these franchisees and determined that we are not not Revision Certain immaterial revisions have been made to the three nine September 30, 2023 not no Using the guidance in ASC Topic 250, 250 S99 1, 250 S99 2, not Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Actual results could differ from those estimates. Significant estimates and assumptions underlie our workers’ compensation claim liabilities, our workers’ compensation Risk Management Incentive Program, our deferred taxes, our allowance for credit losses, potential impairment of goodwill and other intangibles, stock-based compensation, and estimated fair value of assets and liabilities acquired. Franchise Royalties Below are summaries of our franchise royalties disaggregated by business model (in thousands): Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 HireQuest Direct $ 4,104 $ 4,373 $ 11,782 $ 12,312 Snelling and HireQuest 2,372 2,414 6,772 7,234 DriverQuest and TradeCorp 260 82 626 308 HireQuest Health 104 133 310 398 Northbound, MRI, and SearchPath 2,148 1,903 5,539 6,765 Total $ 8,988 $ 8,905 $ 25,029 $ 27,017 Service revenue, which forms the other component of our total revenue, consists of interest we charge our franchisees on overdue customer accounts receivable, trademark license fees, and other fees for optional services we provide. We recognize interest income based on the effective interest rate applied to the outstanding principal balance of overdue accounts. License fees are charged to some locations that utilize our intellectual property that are not Advertising fund revenue includes contributions to our National Advertising Fund by franchisees. Revenue related to these contributions is based on a percentage of sales of certain franchised locations and is recognized as earned. Marketing and Advertising We expense advertising and marketing costs as we incur them. These costs were approximately $318 thousand and $122 thousand during the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023 Some of our MRI franchisees are required to pay an advertising fee equal to 0.5% - 1.0% of total net sales, which supports national advertising designed to build brand awareness and drive traffic for both potential customers and potential candidates. The national advertising effort is administered by us, with franchisees providing input. Some examples include subscriptions to various job boards, the creation of digital content for social media, supporting investments in marketing-related software, and purchasing video and print media. Recently Issued Accounting Pronouncements Not In November 2024, 2024 03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220 40 December 15, 2026, December 15, 2027. may In December 2023, 2023 09, Income Taxes (Topic 740 December 15, 2024, not In November 2023, 2023 07, Segment Reporting (Topic 280 December 15, 2023, December 15, 2024. not There are no

Note 2 - Acquisitions

Note 2 - Acquisitions	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	Note 2 Asset Acquisitions TEC, The Employment Company On December 4, 2023 October 23, 2023 ( 40 The following table summarizes the estimated fair values of the identifiable assets acquired as of the acquisition date: Cash consideration $ 9,750 Total consideration $ 9,750 Customer relationships $ 9,750 We determined the TEC transaction was an asset acquisition for accounting purposes as substantially all of the fair value of the gross assets acquired was concentrated in the customer relationships. Accordingly, no Franchise royalties attributable to the acquiree of approximately $367 thousand are included in our Consolidated Statement of Operations for the three September 30, 2024 nine September 30, 2024 Immediately after the acquisition, we sold all of the assets acquired. In connection with their purchase, the buyers executed franchise agreements with us and became franchisees. The aggregate sale price for the assets was approximately $7.6 million. In conjunction with the sale of assets acquired in this transaction, we recognized a loss of approximately $2.1 million related to incentives given to the purchasers of the TEC assets by HQI which is reflected on the line item, "Other miscellaneous expense," in our Consolidated Statement of Operations for the year ended December 31, 2023.

Note 3 - Related Party Transact

Note 3 - Related Party Transactions	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 3 Prior to entering into a new related party transaction which is disclosable pursuant to Item 404 may may Several significant shareholders and directors of HQI own portions of Jackson Insurance Agency, Bass Underwriters, Inc., Insurance Technologies, Inc., and a number of our franchisees (in whole or in part). Jackson Insurance Agency ("Jackson Insurance") and Bass Underwriters, Inc. ("Bass") Edward Jackson, a member of our Board and significant stockholder, and a member of Mr. Jackson’s immediate family own Jackson Insurance. Mr. Jackson, Richard Hermanns, our CEO, Chairman of our Board, and largest stockholder, and irrevocable trusts set up by each of them, collectively own a majority of Bass, a large managing general agent. Jackson Insurance and Bass brokered property, casualty, general liability, and cybersecurity insurance for a series of predecessor entities prior to the 2019 July 15, 2019, During the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023 Insurance Technologies, Inc. ("Insurance Technologies") Mr. Jackson, Mr. Hermanns, and irrevocable trusts set up by each of them, collectively own a majority of Insurance Technologies, an IT development and security firm. On October 24, 2019, During the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023 The Worlds Franchisees Mr. Jackson and immediate family members of Mr. Hermanns have significant ownership interests in certain of our franchisees (the “Worlds Franchisees”). There were 35 Worlds Franchisees at September 30, 2024 Other transactions regarding the Worlds Franchisees are summarized below (in thousands): Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Franchisee royalties $ 2,482 $ 2,414 $ 7,346 $ 7,300 Balances regarding the Worlds Franchisees are summarized below (in thousands): September 30, 2024 December 31, 2023 Due to franchisees $ 2,481 $ 2,677 Risk management incentive program liability 329 267

Note 4 - Line of Credit and Ter

Note 4 - Line of Credit and Term Loans	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 4 Revolving Credit Agreement with Bank of America, N.A. On February 28, 2023 one ten September 30, 2024 not 1.0:1.0 not 3.0:1.0; 1.25:1.0. September 30, 2024 Interest will accrue on the outstanding balance of the line of credit at a variable rate equal to (a) the Term SOFR Daily Floating Rate (as defined in the Credit Agreement) plus a margin between 1.00% and 1.75% per annum. In each case, the applicable margin is determined by the Company's Total Funded Debt to Adjusted EBITDA, as defined in the Credit Agreement. At September 30, 2024 February 28, 2028. nine September 30, 2023 The Credit Agreement and other loan documents contain customary representations and warranties, affirmative, and negative covenants, including without limitation, those covenants governing indebtedness, liens, fundamental changes, restricting certain payments including dividends unless certain conditions are met, transactions with affiliates, investments, engaging in business other than the current business of the Company and all of its subsidiaries and business reasonably related thereto, and sale/leaseback transactions. The Credit Agreement and other loan documents also contain customary events of default including, without limitation, payment default, material breaches of representations and warranties, breach of covenants, cross-default on material indebtedness, certain bankruptcies, certain ERISA violations, material judgments, change in control, termination or invalidity of any guaranty or security documents, and defaults under other loan documents. The obligations under the Credit Agreement and other loan documents are secured by substantially all of the assets of the Company and all of its subsidiaries as collateral including, without limitation, their accounts and notes receivable, intellectual property and the real estate owned by HQ Real Property Corporation. At September 30, 2024 9.2 Note 5 Term Loan In connection with the Northbound acquisition, we entered into an amortizing term loan from the seller for $1.5 million scheduled to mature on March 1, 2025 April 1, 2022 March 1, 2025. may The following table provides the estimated future maturities of term loans as of September 30, 2024 2024 87 2025 132 Total future maturities 219

Note 5 - Fair Value Measurement

Note 5 - Fair Value Measurement	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 5 The carrying amounts of cash, accounts receivable, accounts payable, the line of credit and all other current assets and liabilities approximate fair values due to their short-term nature. The fair value of notes receivable approximates the amortized cost basis as adjusted by an allowance for credit losses as we believe the stated interest rates reflects the prevailing market rates given our unique collateral position and the scarce capital resources willing to finance a franchise. The fair value of the term loan payable approximates its carrying value because current rates for similar borrowings do not September 30, 2024 (in thousands) Total Level 1 Level 2 Level 3 Cash $ 1,621 $ 1,621 $ - $ - Notes receivable 8,438 - 8,438 - Accounts receivable 50,492 - 50,492 - Total assets at fair value $ 60,551 $ 1,621 $ 58,930 $ - Term loan payable $ 219 $ - $ 219 $ - Line of credit 13,403 - 13,403 - Total liabilities at fair value $ 13,622 $ - $ 13,622 $ - December 31, 2023 (in thousands) Total Level 1 Level 2 Level 3 Cash $ 1,342 $ 1,342 $ - $ - Notes receivable 9,622 - 9,622 - Accounts receivable 44,394 - 44,394 - Total assets at fair value $ 55,358 $ 1,342 $ 54,016 $ - Term loan payable $ 646 $ - $ 646 $ - Line of credit 14,119 - 14,119 - Total liabilities at fair value $ 14,765 $ - $ 14,765 $ -

Note 6 - Workers' Compensation

Note 6 - Workers' Compensation Insurance and Reserves	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Workers Compensation Insurance and Reserves Disclosure [Text Block]	Note 6 ’ Compensation Insurance and Reserves Since July 15, 2019 9.2 Prior to July 15, 2019, one July 15, 2019, Command Center, the predecessor entity that acquired Legacy HQ in 2019, March 1, 2020, $500 one $500 $750 $500 July 15, 2019,

Note 7 - Stockholders' Equity

Note 7 - Stockholders' Equity	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Equity [Text Block]	Note 7 Equity Dividend Historically, we have paid a quarterly dividend. We intend to continue to pay a quarterly dividend based on our business results and financial position. The following common share dividends were paid during 2024 2023 Declaration date Dividend Total paid March 1, 2023 0.06 833 June 1, 2023 0.06 835 September 1, 2023 0.06 837 December 1, 2023 0.06 836 March 1, 2024 0.06 838 June 1, 2024 0.06 838 September 1, 2024 0.06 841

Note 8 - Stock Based Compensati

Note 8 - Stock Based Compensation	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 8 Employee Stock Incentive Plan In December 2019, 2019 “2019 2019 no 2019 No may no may no may twelve may 2019 June 2020 In September 2019, second During the first nine months of 2024 , we issued 9,956 shares valued at approximately $144 thousand under this program. During the first nine months of 2023 , we issued 3,702 thousand shares valued at approximately $72 thousand under this program. In the first nine 2024 2019 three first nine 2024 first nine 2024 Also, in the first nine 2024 2019 In the first nine 2023, 2019 three first nine 2023, Also, in the first nine 2023, 2019 three The following table summarizes our restricted stock outstanding at December 31, 2023 nine September 30, 2024 Shares Weighted average grant date price Non-vested, December 31, 2023 155 $ 17.52 Granted 70 12.71 Vested (73 ) 15.01 Non-vested, September 30, 2024 152 16.50 Stock options that were outstanding at Command Center were deemed to be issued on the date of the merger with Legacy HQ. Outstanding awards continue to remain in effect according to the terms of the Command Center 2008 2016 September 30, 2024 December 31, 2023 The following table summarizes our stock options outstanding at December 31, 2023 nine September 30, 2024 Number of shares underlying options Weighted average exercise price per share Weighted average grant date fair value Outstanding, December 31, 2023 13 $ 5.47 $ 2.98 Granted - - - Outstanding, September 30, 2024 13 5.47 2.98 There were no September 30, 2024 December 31, 2023 The following table summarizes information about our outstanding stock options, and reflects the intrinsic value recalculated based on the closing price of our common stock of $14.16 at September 30, 2024 Number of shares underlying options Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding and exercisable 13 $ 5.47 3.5 $ 112 At September 30, 2024

Note 9 - Earnings per Share

Note 9 - Earnings per Share	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 9 We calculate basic earnings per share by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding. We do not September 30, 2024 September 30, 2023 thousand and 173 thousand, respectively. We use the treasury stock method to calculate the diluted common shares outstanding which were as follows (in thousands): Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted average number of common shares used in basic net income per common share 13,834 13,751 13,817 13,709 Dilutive effects of unvested restricted stock and stock options - 69 90 68 Weighted average number of common shares used in diluted net income per common share 13,834 13,820 13,907 13,777

Note 10 - Goodwill and Intangib

Note 10 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 10 Annual impairment test During the third 2024, $ December 31, 2023 September 30, 2024, The combined impairment charge of approximately $6.0 million is reflected in the line item, "Goodwill and intangible asset impairment charge," in our Consolidated Statements of Operations for the three nine September 30, 2024. The table below reflects our goodwill and changes in the carrying value: (in thousands) Goodwill balance at December 31, 2023 $ 5,870 Impairment charge during 2024 (4,795 ) Goodwill balance at September 30, 2024 $ 1,075 Goodwill before impairment $ 5,870 Accumulated impairment charge (4,795 ) Goodwill balance at September 30, 2024 $ 1,075 Intangible Assets The following table reflects our finite-lived and indefinite-lived intangible assets: September 30, 2024 December 31, 2023 (in thousands except useful life) Estimated useful life Gross Accumulated amortization and impairment Net Gross Accumulated amortization Net Finite-lived intangible assets: Franchise agreements 15 years $ 25,556 $ (5,393 ) $ 20,163 $ 25,556 $ (4,116 ) $ 21,440 Purchased software 7 years 3,200 (1,371 ) 1,829 3,200 (1,029 ) 2,171 Internally developed software 5 years 3,021 (847 ) 2,174 2,683 (498 ) 2,185 Total finite-lived intangible assets 31,777 (7,611 ) 24,166 31,439 (5,643 ) 25,796 Indefinite-lived intangible assets: Domain name Indefinite 2,226 - 2,226 2,226 - 2,226 Trade name Indefinite 3,580 (1,240 ) 2,340 3,580 - 3,580 Total intangible assets $ 37,583 $ (8,851 ) $ 28,732 $ 37,245 $ (5,643 ) $ 31,602 Amortization expense related to intangible assets totaled approximately $656 thousand and $655 thousand for the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 11 Franchise Acquisition Indebtedness New franchisees financed the purchase of several offices with promissory notes. In some instances, this financing resulted in certain franchises being considered VIEs. We have determined that we are not not September 30, 2024 December 31, 2023 Legal Proceedings From time to time, we are involved in various legal and administrative proceedings. Based on information currently available to us, we do not not no September 30, 2024

Note 12 - Income Tax

Note 12 - Income Tax	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 12 Income tax expense during interim periods is based on applying an estimated annual effective income tax rate to year-to-date income, plus any significant unusual or infrequently occurring items which are recorded in the interim period. The computation of the annual estimated effective tax rate at each interim period requires certain estimates and significant judgment including, but not may . Our effective tax rate for continuing operations during the three September 30, 2024 September 30, 2023 25.1% nine September 30, 2024 September 30, 2023 We use an intra-period tax allocation to allocate total income tax expense or benefit to the different components of continuing operations and discontinued operations. This allocation uses a with and without methodology to determine income tax expense for discontinued operations. Tax benefit (expense) allocated to discontinued operations was $14 thousand and $37 thousand for the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023

Note 13 - Discontinued Operatio

Note 13 - Discontinued Operations	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note 13 In connection with the Dubin acquisition, certain assets acquired are still owned by us and classified as held-for-sale. When we acquired Dubin, there were two not 2023, not 12 When we acquired Dental Power in 2021, December 2022, March 1, 2023, first 2023 Intangible assets associated with discontinued operations consist of a customer list with a net carrying value of approximately $891 thousand on September 30, 2024 December 31, 2023 The net (loss) income from discontinued operations as reported in our Consolidated Statements of Operations was comprised of the following amounts (in thousands): Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Revenue $ 258 $ 209 $ 593 $ 1,688 Cost of staffing services 82 102 203 1,106 Gross profit 176 107 390 582 Selling, general and administrative expenses (232 ) (116 ) (580 ) (579 ) (Loss) gain on sale of intangible assets - (143 ) (11 ) 196 Net (loss) income before tax (56 ) (152 ) (201 ) 199 (Benefit) provision for income taxes (14 ) (37 ) (49 ) 48 Net (loss) income $ (42 ) $ (115 ) $ (152 ) $ 151

Note 14 - Notes Receivable

Note 14 - Notes Receivable	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 14 Notes from Franchisees Several franchisees borrowed funds from us primarily to finance the initial purchase price of office assets, including intangible assets. Notes outstanding, net of allowance for losses, were approximately $8.4 million and $9.6 million as of September 30, 2024 December 31, 2023 10.0%. three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023 We estimate the allowance for credit losses for franchisees separately from the allowance for credit losses from non-franchisees because of the level of detailed sales information available to us with respect to our franchisees. Based on our review of available collateral historical information, current conditions, and reasonable and supportable forecasts, we have established an allowance of approximately $623 thousand as of September 30, 2024 December 31, 2023 The following table summarizes our notes receivable balance to franchisees (in thousands): September 30, 2024 December 31, 2023 Note receivable $ 9,061 $ 10,245 Allowance for losses (623 ) (623 ) Notes receivable, net $ 8,438 $ 9,622

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		5. None.
Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), and with the instructions to Article 8 X. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in our Annual Report filed on Form 10 December 31, 2023 not
Consolidation, Policy [Policy Text Block]	Consolidation The consolidated financial statements include the accounts of HQI and all of its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated. U.S. GAAP requires the primary beneficiary of a variable interest entity (“VIE”) to consolidate that entity. To be the primary beneficiary of a VIE, an entity must have both the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits from the VIE that are significant to the beneficiary. We provide acquisition financing to some of our franchisees that could result in our having to absorb losses. This results in some franchisees being considered VIEs. We have reviewed our relationship with each of these franchisees and determined that we are not not
Reclassification, Comparability Adjustment [Policy Text Block]	Revision Certain immaterial revisions have been made to the three nine September 30, 2023 not no Using the guidance in ASC Topic 250, 250 S99 1, 250 S99 2, not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Actual results could differ from those estimates. Significant estimates and assumptions underlie our workers’ compensation claim liabilities, our workers’ compensation Risk Management Incentive Program, our deferred taxes, our allowance for credit losses, potential impairment of goodwill and other intangibles, stock-based compensation, and estimated fair value of assets and liabilities acquired.
Revenue [Policy Text Block]	Franchise Royalties Below are summaries of our franchise royalties disaggregated by business model (in thousands): Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 HireQuest Direct $ 4,104 $ 4,373 $ 11,782 $ 12,312 Snelling and HireQuest 2,372 2,414 6,772 7,234 DriverQuest and TradeCorp 260 82 626 308 HireQuest Health 104 133 310 398 Northbound, MRI, and SearchPath 2,148 1,903 5,539 6,765 Total $ 8,988 $ 8,905 $ 25,029 $ 27,017 Service revenue, which forms the other component of our total revenue, consists of interest we charge our franchisees on overdue customer accounts receivable, trademark license fees, and other fees for optional services we provide. We recognize interest income based on the effective interest rate applied to the outstanding principal balance of overdue accounts. License fees are charged to some locations that utilize our intellectual property that are not Advertising fund revenue includes contributions to our National Advertising Fund by franchisees. Revenue related to these contributions is based on a percentage of sales of certain franchised locations and is recognized as earned.
Advertising Cost [Policy Text Block]	Marketing and Advertising We expense advertising and marketing costs as we incur them. These costs were approximately $318 thousand and $122 thousand during the three September 30, 2024 September 30, 2023 nine September 30, 2024 September 30, 2023 Some of our MRI franchisees are required to pay an advertising fee equal to 0.5% - 1.0% of total net sales, which supports national advertising designed to build brand awareness and drive traffic for both potential customers and potential candidates. The national advertising effort is administered by us, with franchisees providing input. Some examples include subscriptions to various job boards, the creation of digital content for social media, supporting investments in marketing-related software, and purchasing video and print media.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements Not In November 2024, 2024 03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220 40 December 15, 2026, December 15, 2027. may In December 2023, 2023 09, Income Taxes (Topic 740 December 15, 2024, not In November 2023, 2023 07, Segment Reporting (Topic 280 December 15, 2023, December 15, 2024. not There are no

Note 1 - Overview and Summary_2

Note 1 - Overview and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 HireQuest Direct $ 4,104 $ 4,373 $ 11,782 $ 12,312 Snelling and HireQuest 2,372 2,414 6,772 7,234 DriverQuest and TradeCorp 260 82 626 308 HireQuest Health 104 133 310 398 Northbound, MRI, and SearchPath 2,148 1,903 5,539 6,765 Total $ 8,988 $ 8,905 $ 25,029 $ 27,017

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Cash consideration $ 9,750 Total consideration $ 9,750 Customer relationships $ 9,750

Note 3 - Related Party Transa_2

Note 3 - Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Franchisee royalties $ 2,482 $ 2,414 $ 7,346 $ 7,300 September 30, 2024 December 31, 2023 Due to franchisees $ 2,481 $ 2,677 Risk management incentive program liability 329 267

Note 4 - Line of Credit and T_2

Note 4 - Line of Credit and Term Loans (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Maturities of Long-Term Debt [Table Text Block]	2024 87 2025 132 Total future maturities 219

Note 5 - Fair Value Measureme_2

Note 5 - Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	September 30, 2024 (in thousands) Total Level 1 Level 2 Level 3 Cash $ 1,621 $ 1,621 $ - $ - Notes receivable 8,438 - 8,438 - Accounts receivable 50,492 - 50,492 - Total assets at fair value $ 60,551 $ 1,621 $ 58,930 $ - Term loan payable $ 219 $ - $ 219 $ - Line of credit 13,403 - 13,403 - Total liabilities at fair value $ 13,622 $ - $ 13,622 $ - December 31, 2023 (in thousands) Total Level 1 Level 2 Level 3 Cash $ 1,342 $ 1,342 $ - $ - Notes receivable 9,622 - 9,622 - Accounts receivable 44,394 - 44,394 - Total assets at fair value $ 55,358 $ 1,342 $ 54,016 $ - Term loan payable $ 646 $ - $ 646 $ - Line of credit 14,119 - 14,119 - Total liabilities at fair value $ 14,765 $ - $ 14,765 $ -

Note 7 - Stockholders' Equity (

Note 7 - Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Dividends Declared [Table Text Block]	Declaration date Dividend Total paid March 1, 2023 0.06 833 June 1, 2023 0.06 835 September 1, 2023 0.06 837 December 1, 2023 0.06 836 March 1, 2024 0.06 838 June 1, 2024 0.06 838 September 1, 2024 0.06 841

Note 8 - Stock Based Compensa_2

Note 8 - Stock Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Shares Weighted average grant date price Non-vested, December 31, 2023 155 $ 17.52 Granted 70 12.71 Vested (73 ) 15.01 Non-vested, September 30, 2024 152 16.50
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of shares underlying options Weighted average exercise price per share Weighted average grant date fair value Outstanding, December 31, 2023 13 $ 5.47 $ 2.98 Granted - - - Outstanding, September 30, 2024 13 5.47 2.98
Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Number of shares underlying options Weighted average exercise price per share Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding and exercisable 13 $ 5.47 3.5 $ 112

Note 9 - Earnings per Share (Ta

Note 9 - Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Table Text Block]	Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted average number of common shares used in basic net income per common share 13,834 13,751 13,817 13,709 Dilutive effects of unvested restricted stock and stock options - 69 90 68 Weighted average number of common shares used in diluted net income per common share 13,834 13,820 13,907 13,777

Note 10 - Goodwill and Intang_2

Note 10 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	(in thousands) Goodwill balance at December 31, 2023 $ 5,870 Impairment charge during 2024 (4,795 ) Goodwill balance at September 30, 2024 $ 1,075 Goodwill before impairment $ 5,870 Accumulated impairment charge (4,795 ) Goodwill balance at September 30, 2024 $ 1,075
Schedule of Finite-Lived Intangible Assets [Table Text Block]	September 30, 2024 December 31, 2023 (in thousands except useful life) Estimated useful life Gross Accumulated amortization and impairment Net Gross Accumulated amortization Net Finite-lived intangible assets: Franchise agreements 15 years $ 25,556 $ (5,393 ) $ 20,163 $ 25,556 $ (4,116 ) $ 21,440 Purchased software 7 years 3,200 (1,371 ) 1,829 3,200 (1,029 ) 2,171 Internally developed software 5 years 3,021 (847 ) 2,174 2,683 (498 ) 2,185 Total finite-lived intangible assets 31,777 (7,611 ) 24,166 31,439 (5,643 ) 25,796 Indefinite-lived intangible assets: Domain name Indefinite 2,226 - 2,226 2,226 - 2,226 Trade name Indefinite 3,580 (1,240 ) 2,340 3,580 - 3,580 Total intangible assets $ 37,583 $ (8,851 ) $ 28,732 $ 37,245 $ (5,643 ) $ 31,602

Note 13 - Discontinued Operat_2

Note 13 - Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Three months ended Nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Revenue $ 258 $ 209 $ 593 $ 1,688 Cost of staffing services 82 102 203 1,106 Gross profit 176 107 390 582 Selling, general and administrative expenses (232 ) (116 ) (580 ) (579 ) (Loss) gain on sale of intangible assets - (143 ) (11 ) 196 Net (loss) income before tax (56 ) (152 ) (201 ) 199 (Benefit) provision for income taxes (14 ) (37 ) (49 ) 48 Net (loss) income $ (42 ) $ (115 ) $ (152 ) $ 151

Note 14 - Notes Receivable (Tab

Note 14 - Notes Receivable (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2024 December 31, 2023 Note receivable $ 9,061 $ 10,245 Allowance for losses (623 ) (623 ) Notes receivable, net $ 8,438 $ 9,622

Note 1 - Overview and Summary_3

Note 1 - Overview and Summary of Significant Accounting Policies (Details Textual) $ in Thousands		3 Months Ended		9 Months Ended
	Dec. 04, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Number of Franchisee Owned Offices		416		416
Number of States in which Entity Operates		43		43
Number of Employees		80,000		80,000
License Fee, Percentage of Gross Margin		9%		9%
Marketing and Advertising Expense		$ 318	$ 122	$ 924	$ 488
Minimum [Member]
Franchise Advertising Fee, Percent		0.50%
Maximum [Member]
Franchise Advertising Fee, Percent		1%
TEC Staffing Services [Member]
Business Combination, Consideration Transferred, Total	$ 9,800

Note 1 - Overview and Summary_4

Note 1 - Overview and Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 8,988	$ 8,905	$ 25,029	$ 27,017
HireQuest Direct [Member]
Revenue from Contract with Customer, Including Assessed Tax	4,104	4,373	11,782	12,312
Snelling and HireQuest [Member]
Revenue from Contract with Customer, Including Assessed Tax	2,372	2,414	6,772	7,234
DriverQuest and TradeCorp [Member]
Revenue from Contract with Customer, Including Assessed Tax	260	82	626	308
HireQuest Health [Member]
Revenue from Contract with Customer, Including Assessed Tax	104	133	310	398
Northbound, MRI, and SearchPath [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 2,148	$ 1,903	$ 5,539	$ 6,765

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 8,988	$ 8,905		$ 25,029	$ 27,017
Assets Acquired in the TEC Agreement [Member] | Discontinued Operations, Held-for-Sale or Disposed of by Sale [Member]
Proceeds from Sale of Productive Assets			$ 7,600
Gain (Loss) on Disposition of Assets, Total						$ (2,100)
TEC Staffing Services [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 367			$ 1,100

Note 2 - Acquisitions - Identif

Note 2 - Acquisitions - Identifiable Assets Acquired and Liabilities Assumed (Details) - Assets Acquired in the TEC Agreement [Member] $ in Thousands	Dec. 04, 2023 USD ($)
Cash consideration	$ 9,750
Total consideration	9,750
Customer relationships	$ 9,750

Note 3 - Related Party Transa_3

Note 3 - Related Party Transactions (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)
Franchised and Owned Branch Locations			416
Jackson Insurance Agency and Bass Underwriters Inc [Member]
Related Party Transaction, Amounts of Transaction	$ 96	$ 329	$ 1,700	$ 534
Jackson Insurance Agency and Bass Underwriters Inc [Member] | Minimum [Member]
Related Party Transaction, Rate	9%
Jackson Insurance Agency and Bass Underwriters Inc [Member] | Maximum [Member]
Related Party Transaction, Rate	15%
Insurance Technologies [Member]
Related Party Transaction, Amounts of Transaction	$ 134	208	431	318
Worlds Franchisees [Member]
Related Party Transaction, Amounts of Transaction	$ 2,482	$ 2,414	$ 7,346	$ 7,300
Number of Worlds Franchises			35
Franchised and Owned Branch Locations			71

Note 3 - Related Party Transa_4

Note 3 - Related Party Transactions - Related Party Balances (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Due to franchisees	$ 11,013		$ 11,013		$ 9,881
Worlds Franchisees [Member]
Franchisee royalties	2,482	$ 2,414	7,346	$ 7,300
Due to franchisees	2,481		2,481		2,677
Risk management incentive program liability	$ 329		$ 329		$ 267

Note 4 - Line of Credit and T_3

Note 4 - Line of Credit and Term Loans (Details Textual)			9 Months Ended
	Feb. 28, 2023 USD ($)	Feb. 28, 2022 USD ($)	Sep. 30, 2024 USD ($)
Term Loan in Connection with Northbound Acquisition [Member]
Debt Instrument, Face Amount		$ 1,500,000
Debt Instrument, Interest Rate, Stated Percentage		4%
Debt Instrument, Term (Month)		36 months
Obligations to Workers' Compensation Insurance Carrier [Member]
Letters of Credit Outstanding, Amount			$ 9,200,000
Paycard Funding Account [Member]
Letters of Credit Outstanding, Amount			$ 500,000
Bank of America [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000,000
Line of Credit Facility, Maximum Borrowing Capacity, One-time Right, Maximum Amount	$ 60,000,000
Line of Credit, Asset Coverage Ratio	1
Line of Credit, Total Funded Debt to Adjusted EBITDA Ratio	3
Line of Credit, Fixed Coverage Ratio	1.25
Line of Credit Facility, Interest Rate at Period End			6.20%
Gain (Loss) on Extinguishment of Debt			$ 318,000
Bank of America [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1%
Bank of America [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Bank of America [Member] | Standby Letters of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 20,000,000

Note 4 - Line of Credit and T_4

Note 4 - Line of Credit and Term Loans - Future Maturities of Term Loans (Details) - Term Loan [Member] $ in Thousands	Sep. 30, 2024 USD ($)
2024	$ 87
2025	132
Total future maturities	$ 219

Note 5 - Fair Value Measureme_3

Note 5 - Fair Value Measurement - Fair Value of Cash, Notes Receivable and Accounts Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Cash	$ 1,621	$ 1,342
Notes receivable, net	8,400	9,600
Fair Value, Inputs, Level 1 [Member]
Cash	1,621	1,342
Notes receivable, net	0	0
Accounts receivable	0	0
Total assets at fair value	1,621	1,342
Term loan payable	0	0
Line of credit	0	0
Total liabilities at fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Cash	0	0
Notes receivable, net	8,438	9,622
Accounts receivable	50,492	44,394
Total assets at fair value	58,930	54,016
Term loan payable	219	646
Line of credit	13,403	14,119
Total liabilities at fair value	13,622	14,765
Fair Value, Inputs, Level 3 [Member]
Cash	0	0
Notes receivable, net	0	0
Accounts receivable	0	0
Total assets at fair value	0	0
Term loan payable	0	0
Line of credit	0	0
Total liabilities at fair value	0	0
Reported Value Measurement [Member]
Cash	1,621	1,342
Notes receivable, net	8,438	9,622
Accounts receivable	50,492	44,394
Total assets at fair value	60,551	55,358
Term loan payable	219	646
Line of credit	13,403	14,119
Total liabilities at fair value	$ 13,622	$ 14,765

Note 6 - Workers' Compensatio_2

Note 6 - Workers' Compensation Insurance and Reserves (Details Textual)	Mar. 01, 2014 USD ($)
Insurance Collateral Deposits	$ 9,200,000
Maximum [Member]
Insurance for Covered Losses and Expenses	$ 500,000

Note 7 - Stockholders' Equity -

Note 7 - Stockholders' Equity - Common Share Dividends (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 01, 2024	Jun. 01, 2024	Mar. 01, 2024	Dec. 01, 2023	Sep. 01, 2023	Jun. 01, 2023	Mar. 01, 2023
Dividend (in dollars per share)	$ 0.06	$ 0.06	$ 0.06	$ 0.06	$ 0.06	$ 0.06	$ 0.06
Total paid	$ 841	$ 838	$ 838	$ 836	$ 837	$ 835	$ 833

Note 8 - Stock Based Compensa_3

Note 8 - Stock Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2019
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)			13,000		13,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares (in shares)		0	0		0
Share Price (in dollars per share)		$ 14.16	$ 14.16
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)			73,000
The 2019 Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)						1,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Pursuant to Exercise of Incentive Stock Options (in shares)						1,000,000
The 2019 Plan [Member] | Share-Based Payment Arrangement, Option [Member] | Employee or Consultant [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)						250,000
The 2019 Plan [Member] | Share-Based Payment Arrangement, Option [Member] | Non-employee Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)						50,000
The 2019 Plan [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			2,649	1,282
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,200	$ 1,200
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		3 years 10 months 24 days
The 2019 Plan [Member] | Restricted Stock [Member] | Board of Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			55,894	7,679
Stock Issued During Period, Value, Issued for Services			$ 688	$ 162
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)			53,245	6,397
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month)			3 months	3 months
The 2019 Plan [Member] | Restricted Stock [Member] | Certain Key Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			7,500,000	55,431
Stock Issued During Period, Value, Issued for Services			$ 101	$ 1,200
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month)			4 years
The 2019 Plan [Member] | Restricted Stock [Member] | Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)				9,272
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month)				3 years
Share Purchase Match Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Matching Percentage of Common Stock Purchased	20%
Share-based Compensation Arrangement by Share-based Payment Award, Matching of Common Stock Purchased per Individual Within a Calendar Year	$ 25
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			9,956,000	3,702,000
Shares Granted, Value, Share-Based Payment Arrangement, before Forfeiture			$ 144	$ 72
Share Purchase Match Program [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)				1,159
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)				45,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Month)				4 years
Share Purchase Match Program [Member] | Restricted Stock [Member] | Board of Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			5,270	1,261
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period, Value			$ 80	$ 20
Share Purchase Match Program [Member] | Restricted Stock [Member] | Certain Key Employees [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period (in shares)			2,037
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period, Value			$ 29

Note 8 - Stock Based Compensa_4

Note 8 - Stock Based Compensation - Summary of Restricted Stock Activity (Details) - $ / shares shares in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Vested, shares (in shares)	(13)	(13)
Restricted Stock [Member]
Non-vested, shares (in shares)	155
Non-vested, Weighted average grant date price (in dollars per share)	$ 17.52
Granted, shares (in shares)	70
Granted, Weighted average grant date price (in dollars per share)	$ 12.71
Vested, shares (in shares)	(73)
Vested, Weighted average grant date price (in dollars per share)	$ 15.01
Non-vested, shares (in shares)	152	155
Non-vested, Weighted average grant date price (in dollars per share)	$ 16.5	$ 17.52

Note 8 - Stock Based Compensa_5

Note 8 - Stock Based Compensation - Summary of Stock Options (Details) shares in Thousands	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Outstanding, shares (in shares) | shares	13
Outstanding, Weighted average exercise price per shar (in dollars per share)	$ 5.47
Outstanding, Weighted average grant date fair value	2,980
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | shares	0
Granted, Weighted average exercise price per share (in dollars per share)	$ 0
Granted, Weighted average grant date fair value (in dollars per share)	$ 0
Outstanding, shares (in shares) | shares	13
Outstanding, Weighted average exercise price per shar (in dollars per share)	$ 5.47
Outstanding, Weighted average grant date fair value	2,980

Note 8 - Stock Based Compensa_6

Note 8 - Stock Based Compensation - Summary of Intrinsic Value (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2024 USD ($) $ / shares shares
Exercisable, number of shares underling options (in shares) | shares	13
Exercisable, weighted average exercise price per share (in dollars per share) | $ / shares	$ 5.47
Exercisable, weighted average remaining contractual life (Year)	3 years 6 months
Exercisable, aggregate intrinsic value | $	$ 112

Note 9 - Earnings per Share (De

Note 9 - Earnings per Share (Details Textual) - shares	Sep. 30, 2024	Sep. 30, 2023
Common, Equivalent Shares, Outstanding (in shares)	152	173

Note 9 - Earnings per Share - D

Note 9 - Earnings per Share - Diluted Common Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic (in shares)	13,834	13,751	13,817	13,709
Dilutive effects of unvested restricted stock and stock options (in shares)	0	69	90	68
Weighted average number of common shares used in diluted net income per common share (in shares)	13,834	13,820	13,907	13,777

Note 10 - Goodwill and Intang_3

Note 10 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Goodwill, Impairment Loss			$ 4,795
Goodwill and Intangible Asset Impairment	$ 6,035	$ 0	6,035	$ 0
Amortization of Intangible Assets	656	$ 655	2,000	$ 2,000
Trade Names [Member]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)	1,200
Indefinite-Lived Intangible Assets (Excluding Goodwill)	3,580		3,580			$ 3,580
MRI Trade Name [Member]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	940		$ 940		$ 2,200
MRI Reporting Unit [Member]
Goodwill, Impairment Loss	$ 4,800

Note 10 - Goodwill and Intang_4

Note 10 - Goodwill and Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024
Balance, Goodwill	$ 5,870
Impairment charge during 2024	(4,795)
Balance, Goodwill	1,075
Goodwill, Gross	5,870
Goodwill, Accumulated impairment charge	(4,795)
Goodwill, Net	$ 1,075

Note 10 - Intangible Assets - S

Note 10 - Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2022
Total finite-lived intangible assets	$ 31,777	$ 31,439
Finite-lived, accumulated amortization	(7,611)	(5,643)
Total finite-lived intangible assets, net	24,166	25,796
Indefinite-lived intangible assets	28,732	31,602
Total intangible assets	37,583	37,245
Total intangible assets	(8,851)
Domain Name [Member]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	2,226	2,226
Indefinite-lived intangible assets	2,226	2,226
Trade Names [Member]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	3,580	3,580
Indefinite-lived intangible assets	2,340	3,580
Indefinite-lived intangible assets	$ (1,240)
Franchise Agreements [Member]
Estimated useful life (Year)	15 years
Total finite-lived intangible assets	$ 25,556	25,556
Finite-lived, accumulated amortization	(5,393)	(4,116)
Total finite-lived intangible assets, net	$ 20,163	21,440
Purchased Software [Member]
Estimated useful life (Year)	7 years
Total finite-lived intangible assets	$ 3,200	3,200
Finite-lived, accumulated amortization	(1,371)	(1,029)
Total finite-lived intangible assets, net	$ 1,829	2,171
Internally Developed Software [Member]
Estimated useful life (Year)	5 years
Total finite-lived intangible assets	$ 3,021	2,683
Finite-lived, accumulated amortization	(847)	(498)
Total finite-lived intangible assets, net	$ 2,174	$ 2,185

Note 11 - Commitments and Con_2

Note 11 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, after Allowance for Credit Loss	$ 8.4	$ 9.6
Variable Interest Entity [Member]
Financing Receivable, after Allowance for Credit Loss	$ 7.4	$ 8.2

Note 12 - Income Tax (Details T

Note 12 - Income Tax (Details Textual) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Effective Income Tax Rate Reconciliation, Percent	25.10%		24.50%	9.70%	20.40%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21%
Discontinued Operation, Tax Effect of Discontinued Operation	$ 14		$ 37	$ 49	$ 48

Note 13 - Discontinued Operat_3

Note 13 - Discontinued Operations (Details Textual) - Discontinued Operations, Held-for-Sale or Disposed of by Sale [Member] - Assets Acquired in The Dental Power Agreement [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Sep. 30, 2024	Dec. 31, 2023
Proceeds from Sale of Productive Assets	$ 2,000
Disposal Group, Including Discontinued Operation, Payment Term (Year)	5 years
Gain (Loss) on Disposition of Assets, Total	$ 340
Customer Lists [Member]
Disposal Group, Including Discontinued Operation, Intangible Assets		$ 891,000	$ 891,000

Note 13 - Discontinued Operat_4

Note 13 - Discontinued Operations - Income From Discontinued Operations Amounts as Reported on Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Discontinued Operation, Tax Effect of Discontinued Operation	$ 14	$ 37	$ 49	$ 48
Discontinued Operations, Held-for-Sale or Disposed of by Sale [Member] | Assets Acquired in The Dental Power Agreement [Member]
Revenue	258	209	593	1,688
Cost of staffing services	82	102	203	1,106
Gross profit	176	107	390	582
Selling, general and administrative expenses	(232)	(116)	(580)	(579)
(Loss) gain on sale of intangible assets	0			196
(Loss) gain on sale of intangible assets		(143)	(11)
(Loss) gain on sale of intangible assets	0			196
Net (loss) income before tax	(56)	(152)	(201)	199
Discontinued Operation, Tax Effect of Discontinued Operation	(14)	(37)	(49)	48
Net (loss) income	$ (42)	$ (115)	$ (152)	$ 151

Note 14 - Notes Receivable (Det

Note 14 - Notes Receivable (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, after Allowance for Credit Loss	$ 8,400		$ 8,400		$ 9,600
Interest Income, Operating	138	$ 83	424	$ 197
Financing Receivable, Allowance for Credit Loss	$ 623		$ 623
Minimum [Member]
Notes Receivable, Interest Fixed Rate	6%
Maximum [Member]
Notes Receivable, Interest Fixed Rate	10%

Note 14 - Notes Receivable - No

Note 14 - Notes Receivable - Notes Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Allowance for losses	$ (623)
Notes receivable, net	8,400	$ 9,600
Notes Receivable to Franchisees [Member]
Note receivable	9,061	10,245
Allowance for losses	(623)	(623)
Notes receivable, net	$ 8,438	$ 9,622