Where Food Comes From (WFCF) 10-Q 5 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 30, 2020
Cover [Abstract]
Entity Registrant Name	Where Food Comes From, Inc.
Entity Central Index Key	0001360565
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity's Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		24,685,704
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 4,625	$ 2,638
Accounts receivable, net of allowance	2,523	2,515
Short-term investments in certificates of deposit	262	258
Prepaid expenses and other current assets	717	450
Total current assets	8,127	5,861
Property and equipment, net	1,669	1,545
Operating lease right-of-use assets	3,073	3,268
Investment in Progressive Beef	991	991
Intangible and other assets, net	3,105	3,248
Goodwill	2,946	2,946
Deferred tax assets, net	350	378
Total assets	20,261	18,237
Current liabilities:
Accounts payable	953	1,023
Accrued expenses and other current liabilities	1,179	674
Deferred revenue	1,148	797
Current portion of long term debt	641
Current portion of finance lease obligations	9	8
Current portion of operating lease obligations	260	239
Total current liabilities	4,190	2,741
Long term debt, net of current portion	391
Finance lease obligations, net of current portion	14	21
Operating lease obligation, net of current portion	3,328	3,526
Total liabilities	7,923	6,288
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value; 5,000 shares authorized; none issued or outstanding
Common stock, $0.001 par value; 95,000 shares authorized; 25,812 (2020) and 25,802 (2019) shares issued, and 24,677 (2020) and 24,977 (2019) shares outstanding	26	26
Additional paid-in-capital	11,508	11,425
Treasury stock of 1,135 (2020) and 825 (2019) shares	(2,199)	(1,665)
Retained earnings	3,003	2,163
Total equity	12,338	11,949
Total liabilities and stockholders' equity	$ 20,261	$ 18,237

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	5,000,000	5,000,000
Preferred stock, issued
Preferred stock, outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	95,000,000	95,000,000
Common stock, issued	25,812,000	25,802,000
Common stock, outstanding	24,677,000	24,977,000
Treasury stock	1,135,000	825,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues:
Total revenues	$ 6,197	$ 6,232	$ 14,525	$ 15,075
Costs of revenues:
Total costs of revenues	3,435	3,645	8,053	8,734
Gross profit	2,762	2,587	6,472	6,341
Selling, general and administrative expenses	1,806	1,973	5,401	5,624
Income from operations	956	614	1,071	717
Other expense (income):
Dividend income from Progressive Beef	(30)	(30)	(90)	(90)
Other income, net	(2)	(2)	(6)	(7)
Gain (loss) on foreign currency exchange	2		1
Gain on sale of assets	(19)		(19)	(1)
Interest expense	4	2	9	8
Income before income taxes	1,001	644	1,176	807
Income tax expense	271	184	336	230
Net income	730	460	840	577
Net loss attributable to non-controlling interest		81		182
Net income attributable to Where Food Comes From, Inc.	$ 730	$ 541	$ 840	$ 759
Per share - net income attributable to Where Food Comes From, Inc.:
Basic	$ 0.03	$ 0.02	$ 0.03	$ 0.03
Diluted	$ 0.03	$ 0.02	$ 0.03	$ 0.03
Weighted average number of common shares outstanding:
Basic	24,745,000	24,792,000	24,857,000	24,879,000
Diluted	24,894,000	24,972,000	25,011,000	25,062,000
Verification and Certification Service Revenue [Member]
Revenues:
Total revenues	$ 4,307	$ 4,759	$ 10,218	$ 11,314
Costs of revenues:
Total costs of revenues	2,233	2,673	5,283	6,332
Product Sales [Member]
Revenues:
Total revenues	1,362	1,086	2,883	2,363
Costs of revenues:
Total costs of revenues	866	697	1,869	1,538
Software License, Maintenance and Support Services Revenue [Member]
Revenues:
Total revenues	245	227	625	822
Costs of revenues:
Total costs of revenues	138	153	393	469
Software-Related Consulting Service Revenue [Member]
Revenues:
Total revenues	283	160	799	576
Costs of revenues:
Total costs of revenues	$ 198	$ 122	$ 508	$ 395

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities:
Net income	$ 840	$ 577
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	736	802
Gain on sale of assets	(19)	(1)
Stock-based compensation expense	80	129
Deferred tax benefit	28	(73)
Bad debt expense	49	27
Changes in operating assets and liabilities, net of effect from acquisitions:
Accounts receivable	(57)	(794)
Short-term investments	(4)	(11)
Prepaid expenses and other assets	(267)	233
Accounts payable	(70)	481
Accrued expenses and other current liabilities	505	641
Deferred revenue	351	297
Right of use assets and liabilities, net	4	27
Net cash provided by operating activities	2,176	2,335
Investing activities:
Acquisition of Postelsia Holdings, Ltd.	(300)
Proceeds from sale of assets	34	1
Purchases of property, equipment and software development costs	(416)	(268)
Proceeds from maturity of short-term investments		253
Net cash used in by investing activities	(682)	(14)
Financing activities:
Repayments of notes payable		(7)
Proceeds from long term debt	1,030
Repayments of finance lease obligations	(6)	(5)
Proceeds from stock option exercise	3
Stock repurchase under Stock Buyback Plan	(534)	(371)
Net provided by (cash used) in financing activities	493	(383)
Net change in cash	1,987	1,938
Cash at beginning of period	2,638	1,482
Cash at end of period	$ 4,625	$ 3,420

Consolidated Statement of Equit

Consolidated Statement of Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
Balance at beginning at Dec. 31, 2018	$ 25	$ 11,031	$ (1,109)	$ 818	$ 10,765
Balance at beginning, shares at Dec. 31, 2018	24,968
Stock-based compensation expense		45			45
Repurchase of common shares under Stock Buyback Plan			(83)		(83)
Repurchase of common shares under Stock Buyback Plan, shares	(47)
Net income (loss) attributable to Where Food Comes From, Inc.				(143)	(143)
Balance at ending at Mar. 31, 2019	$ 25	11,076	(1,192)	675	10,584
Balance at ending, shares at Mar. 31, 2019	24,921
Balance at beginning at Dec. 31, 2018	$ 25	11,031	(1,109)	818	10,765
Balance at beginning, shares at Dec. 31, 2018	24,968
Net income (loss) attributable to Where Food Comes From, Inc.					759
Balance at ending at Sep. 30, 2019	$ 25	11,160	(1,480)	1,577	11,282
Balance at ending, shares at Sep. 30, 2019	24,784
Balance at beginning at Mar. 31, 2019	$ 25	11,076	(1,192)	675	10,584
Balance at beginning, shares at Mar. 31, 2019	24,921
Stock-based compensation expense		47			47
Repurchase of common shares under Stock Buyback Plan			(169)		(169)
Repurchase of common shares under Stock Buyback Plan, shares	(95)
Net income (loss) attributable to Where Food Comes From, Inc.				361	361
Balance at ending at Jun. 30, 2019	$ 25	11,123	(1,361)	1,036	10,823
Balance at ending, shares at Jun. 30, 2019	24,826
Stock-based compensation expense		37			37
Vesting of restricted shares to Employees
Vesting of restricted shares to Employees, shares	25
Repurchase of common shares under Stock Buyback Plan			(119)		(119)
Repurchase of common shares under Stock Buyback Plan, shares	(67)
Net income (loss) attributable to Where Food Comes From, Inc.				541	541
Balance at ending at Sep. 30, 2019	$ 25	11,160	(1,480)	1,577	11,282
Balance at ending, shares at Sep. 30, 2019	24,784
Balance at beginning at Dec. 31, 2019	$ 26	11,425	(1,665)	2,163	11,949
Balance at beginning, shares at Dec. 31, 2019	24,977
Stock-based compensation expense		31			31
Repurchase of common shares under Stock Buyback Plan			(158)		(158)
Repurchase of common shares under Stock Buyback Plan, shares	(84)
Net income (loss) attributable to Where Food Comes From, Inc.				(241)	(241)
Balance at ending at Mar. 31, 2020	$ 26	11,456	(1,823)	1,922	11,581
Balance at ending, shares at Mar. 31, 2020	24,893
Balance at beginning at Dec. 31, 2019	$ 26	11,425	(1,665)	2,163	$ 11,949
Balance at beginning, shares at Dec. 31, 2019	24,977
Stock options exercised, shares					10,000,000
Net income (loss) attributable to Where Food Comes From, Inc.					$ 840
Balance at ending at Sep. 30, 2020	$ 26	11,508	(2,199)	3,003	12,338
Balance at ending, shares at Sep. 30, 2020	24,677
Balance at beginning at Mar. 31, 2020	$ 26	11,456	(1,823)	1,922	11,581
Balance at beginning, shares at Mar. 31, 2020	24,893
Stock-based compensation expense		24			24
Stock options exercised		3			3
Stock options exercised, shares	10
Repurchase of common shares under Stock Buyback Plan			(111)		(111)
Repurchase of common shares under Stock Buyback Plan, shares	(64)
Net income (loss) attributable to Where Food Comes From, Inc.				351	351
Balance at ending at Jun. 30, 2020	$ 26	11,483	(1,934)	2,273	11,848
Balance at ending, shares at Jun. 30, 2020	24,839
Stock-based compensation expense		25			25
Repurchase of common shares under Stock Buyback Plan			(265)		(265)
Repurchase of common shares under Stock Buyback Plan, shares	(162)
Net income (loss) attributable to Where Food Comes From, Inc.				730	730
Balance at ending at Sep. 30, 2020	$ 26	$ 11,508	$ (2,199)	$ 3,003	$ 12,338
Balance at ending, shares at Sep. 30, 2020	24,677

The Company and Basis of Presen

The Company and Basis of Presentation	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Basis of Presentation	Note 1 - The Company and Basis of Presentation Business Overview Where Food Comes From, Inc. is a Colorado corporation based in Castle Rock, Colorado (“WFCF”, the “Company,” “our,” “we,” or “us”). We are an independent, third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural products are accurate. We care about food and other agricultural products, how it is grown and raised, the quality of what we eat, what farmers and ranchers do, and authentically telling that story to the consumer. Our team visits farms and ranches and looks at their plants, animals, and records, and compares the information we collect to specific standards or claims that farms and ranches want to make about how they are producing food. We strive to ensure that everyone involved in the food business - from growers and farmers to retailers and shoppers – can count on WFCF to provide authentic and transparent information about the food we eat and how, where, and by whom it is produced. We also provide sustainability programs, compliance management and farming information management solutions to drive sustainable value creation. We employ a software-as-a-service (“SaaS”) revenue model that bundles annual software licenses with ongoing software enhancements and upgrades and a wide range of professional services that generate incremental revenue specific to the food and agricultural industry. Finally, the Company’s Where Food Comes From Source Verified® retail and restaurant labeling program utilizes the verification of product attributes to connect consumers directly to the source of the food they purchase through product labeling and web-based information sharing and education. Most of our customers are located throughout the United States. Basis of Presentation Our unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and include the results of operations, financial position and cash flows of Where Food Comes From, Inc. and its subsidiaries, International Certification Services, Inc. (“ICS”), Validus Verification Services, LLC (“Validus”), Sterling Solutions (“Sterling”), SureHarvest Services, LLC. (“SureHarvest”), A Bee Organic, Sow Organic, JVF Consulting and Postelsia Holdings, Ltd. (“Postelsia”) (collectively referred to as “we,” “us,” and “our” throughout this Form 10-Q). The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues, costs and expenses during the reporting period. All significant intercompany transactions and amounts have been eliminated. The results of businesses acquired are included in the consolidated financial statements from the date of the acquisition. Actual results could differ from the estimates. The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with our audited financial statements and footnotes thereto for the year ended December 31, 2019, included in our Form 10-K filed on March 5, 2020. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. However, we believe that the disclosures are adequate to make the information presented not misleading. Certain prior year amounts have been reclassified to conform to current year presentation. Net income and shareholders’ equity were not affected by these reclassifications. The financial statements reflect all adjustments (consisting primarily of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of our financial position and results of operations. The consolidated operating results for the three and nine months ended September 30, 2020 are not necessarily indicative of the results to be expected for any other interim period of any future year. Seasonality Our business is subject to seasonal fluctuations. Significant portions of our verification and certification service revenue are typically realized during late May through early October when the calf marketings and the growing seasons are at their peak. Because of the seasonality of the business and our industry, results for any quarter are not necessarily indicative of the results that may be achieved for any other quarter or for the full fiscal year. Recent Accounting Pronouncements The Financial Accounting Standards Board (FASB) Accounting Standards Codification is the sole source of authoritative GAAP other than SEC issued rules and regulations that apply only to SEC registrants. The FASB issues an Accounting Standards Update (ASU) to communicate changes to the codification. The Company considers the applicability and impact of all ASU’s. ASU’s not listed below were assessed and determined to be either not applicable or are not expected to have a material impact on the consolidated financial statements. Recently Adopted Accounting Pronouncements On January 1, 2020 we adopted ASU 2017-04, Simplifying the Test for Goodwill Impairment, which removes Step 2 from the goodwill impairment test. The adoption of this update did not have a material impact on our Consolidated Financial Statements. On January 1, 2020 we adopted ASU 2018-13, Fair Value Measurement (Topic 8420): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. ASU 2018-13 modifies the requirements associated with the hierarchy associated with Level 1, Level 2 and Level 3 fair value measurements. The adoption of this update did not have a material impact on our Consolidated Financial Statements. On January 1, 2020 we adopted ASU 2018-15, Intangibles - Goodwill and Other - Internal Use Software - Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract, which amends the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract to align with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The adoption of this update did not have a material impact on our Consolidated Financial Statements.

Business Acquisitions

Business Acquisitions	9 Months Ended
	Sep. 30, 2020
Business Combinations [Abstract]
Business Acquisitions	Note 2 – Business Acquisitions On February 21, 2020 the Company acquired all of the stock of privately held Postelsia Holdings, Ltd. (“Postelsia”) for $250,000 in cash at the acquisition closing date, with an additional $50,000 in cash being held in escrow and paid in September 2020. The escrowed funds were to support any claims by the Company for breaches of representation and warranties, of which there were none. Postelsia, based in Victoria, British Columbia, is a leader in the emerging field of environmental and social sustainability programs for the seafood industry. Postelsia provides a range of programs and consulting services designed to improve and promote sustainable practices, including environmental conservation, worker care, and food safety compliance. Postelsia operates as a wholly owned subsidiary of the Company. We believe the total consideration paid approximates the fair value of the assets acquired. We have allocated the total consideration to our identifiable intangible assets (customer relationships) to be amortized over an estimated useful life of 8 years.

Basic and Diluted Net Income Pe

Basic and Diluted Net Income Per Share	9 Months Ended
	Sep. 30, 2020
Per share - net income attributable to Where Food Comes From, Inc.:
Basic and Diluted Net Income Per Share	Note 3 – Basic and Diluted Net Income per Share Basic net income per share was computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted net income per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and restricted stock awards are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The following is a reconciliation of the share data used in the basic and diluted income per share computations (amounts in thousands): Three months ended September 30, Nine months ended September 30, 2020 2019 2020 2019 Basic: Weighted average shares outstanding 24,745 24,792 24,857 24,879 Diluted: Weighted average shares outstanding 24,745 24,792 24,857 24,879 Weighted average effects of dilutive securities 149 180 154 183 Total 24,894 24,972 25,011 25,062 Antidilutive securities: 286 283 286 283

Investment in Progressive Beef,

Investment in Progressive Beef, LLC	9 Months Ended
	Sep. 30, 2020
Investments, All Other Investments [Abstract]
Investment in Progressive Beef, LLC	Note 4 - Investment in Progressive Beef, LLC For the three months ended September 30, 2020 and September 30, 2019, the Company received dividend income from Progressive Beef of $30,000 representing a distribution of their earnings. For the nine months ended September 30, 2020 and September 30, 2019, the Company received dividend income totaling $90,000, respectively. The income is reflected within the “other expense (income)” section of the Company’s Consolidated Statements of Income for the three and nine months ended September 30, 2020 and September 30, 2019. The Company completed a qualitative assessment and determined that there were no impairment indicators as of September 30, 2020.

Intangible and Other Assets

Intangible and Other Assets	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible and Other Assets	Note 5 – Intangible and Other Assets The following table summarizes our intangible and other assets (amounts in thousands, except useful life): September 30, December 31, Estimated 2020 2019 Useful Life Intangible assets subject to amortization: Tradenames and trademarks $ 417 $ 417 2.5 - 8.0 years Accreditations 85 85 5.0 years Customer relationships 3,664 3,351 3.0 - 15.0 years Patents 970 970 4.0 years Non-compete agreements 121 121 5.0 years 5,257 4,944 Less accumulated amortization 2,631 2,182 2,626 2,762 Tradenames/trademarks (not subject to amortization) 465 465 3,091 3,227 Other assets 14 21 Intangible and other assets: $ 3,105 $ 3,248

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Note 6 – Accrued Expenses and Other Current Liabilities The following table summarizes our accrued expenses and other current liabilities as of (amounts in thousands): September 30, December 31, 2020 2019 Income and sales taxes payable $ 483 $ 171 Payroll related accruals 398 201 Customer deposits 93 62 Professional fees and other expenses 205 240 $ 1,179 $ 674

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
Notes Payable	Note 7 – Notes Payable Unison Revolving Line of Credit The Company has a revolving line of credit (“LOC”) agreement which matures April 12, 2022. The LOC provides for $75,080 in working capital. The interest rate is at the Wall Street Journal prime rate plus 1.50% and is adjusted daily. Principal and interest are payable upon demand, but if demand is not made, then annual payments of accrued interest only are due, with the principal balance due on maturity. As of September 30, 2020 and December 31, 2019, the effective interest rate was 4.75% and 6.25%, respectively. The LOC is collateralized by all the business assets of ICS. As of September 30, 2020, and December 31, 2019, there were no amounts outstanding under this LOC. Long Term Debt The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (“PPP”), the initiative provides federally guaranteed loans to small businesses. These loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. On April 17, 2020, the Company received a $1.0 million loan under the PPP with a maturity date of April 17, 2022 and an annual interest rate of 1.00%. The loan will be repaid in 17 monthly consecutive interest and principal payments of approximately $57,876, commencing December 1, 2020. See Note 15 for change in terms agreement effective October 6, 2020. While the Company believes a significant portion of the loan will be forgiven, the Company has not received any notification if any of the loan amount will be forgiven.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 8 – Stock-Based Compensation In addition to cash compensation, the Company may compensate certain service providers, including employees, directors, consultants, and other advisors, with equity-based compensation in the form of stock options and restricted stock awards. The Company recognizes all equity-based compensation as stock-based compensation expense based on the fair value of the compensation measured at the grant date. For stock options, fair value is calculated at the date of grant using the Black-Scholes-Merton option pricing model. For restricted stock awards, fair value is the closing stock price for the Company’s common stock on the grant date. The expense is recognized over the vesting period of the grant. For the periods presented, all stock-based compensation expense was classified as a component within selling, general and administrative expense in the Company’s consolidated statements of operations. The amount of stock-based compensation expense is as follows (amounts in thousands): Three months ended September 30, Nine months ended September 30, 2020 2019 2020 2019 Stock options $ 24 $ 34 $ 77 $ 114 Restricted stock awards 1 3 3 15 Total $ 25 $ 37 $ 80 $ 129 During the three months ended September 30, 2019, the Company awarded stock options to purchase 10,000 shares of the Company’s common stock at an exercise price of $1.71 per share to the members on the Company’s Board of Directors. No other stock options were awarded during the nine months ended September 30, 2019. During the three months ended September 30, 2020, the Company awarded stock options to purchase 8,000 shares of the Company’s common stock at an exercise price of $1.80 per shares to the members of the Company’s Board of Directors. During the nine months ended September 30, 2020, the Company awarded stock options to purchase 20,000 shares of the Company’s common stock at an exercise price of $2.05 per share to employees of the Company. The Company estimated the fair value of stock options using the Black-Scholes-Merton option pricing model with the following assumptions: Nine months ended September 30, 2020 2019 Number of options awarded to purchase common shares 28,000 10,000 Risk-free interest rate 1.19 % 1.50 % Expected volatility 94.7 % 100.30 % Assumed dividend yield N/A N/A Expected life of options from the date of grant 9.8 years 9.8 years The estimated unrecognized compensation cost from unvested awards which will be recognized ratably over the remaining vesting phase is as follows (amounts in thousands): Years ended December 31st: Unvested stock options Unvested restricted stock awards Total unrecognized compensation expense 2020 (remaining three months) $ 30 $ 1 $ 31 2021 83 1 84 2022 20 - 20 2023 4 - 4 $ 137 $ 2 $ 139 Equity Incentive Plans Our 2016 Equity Incentive Plan (the “Equity Incentive Plan”) provides for the issuance of stock-based awards to employees, officers, directors and consultants. The Plan permits the granting of stock awards and stock options. The vesting of stock-based awards is generally subject to the passage of time and continued employment through the vesting period. Stock Option Activity Stock option activity under our Equity Incentive Plan is summarized as follows: Number of awards Weighted avg. exercise price per share Weighted avg. grant date fair value per share Weighted avg. remaining contractual life (in years) Aggregate intrinsic value Outstanding, December 31, 2019 437,126 $ 1.46 $ 1.49 5.97 $ 150,417 Granted 28,000 $ 1.72 $ 1.98 9.57 Exercised (10,000 ) $ 0.24 $ 0.24 0.50 Expired/Forfeited (25,325 ) $ - $ 1.84 6.98 Outstanding, September 30, 2020 429,801 $ 1.49 $ 1.53 5.51 $ 147,950 Exercisable, September 30, 2020 315,686 $ 1.38 $ 1.40 4.44 $ 147,350 Unvested, September 30, 2020 114,115 $ 1.77 $ 1.90 8.47 $ 600 The aggregate intrinsic value represents the total pre-tax intrinsic value (the aggregate difference between the closing price of our common stock on September 30, 2020 and the exercise price for the in-the-money options) that would have been received by the option holders if all the in-the-money options had been exercised on September 30, 2020. Restricted Stock Activity Restricted stock activity under our Equity Incentive Plan is summarized as follows: Weighted avg. Number of grant date options fair value Non-vested restricted shares, December 31, 2019 5,000 $ 2.55 Granted - $ - Vested - $ - Forfeited - $ - Non-vested restricted shares, September 30, 2020 5,000 $ 2.55

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 9 – Income Taxes Deferred tax assets and liabilities have been determined based upon the differences between the financial statement amounts and the tax bases of assets and liabilities as measured by enacted tax rates expected to be in effect when these differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The provision or benefit for income taxes is recorded at the end of each interim period based on the Company’s best estimate of its effective income tax rate expected to be applicable for the full fiscal year. For the three and nine months ended September 30, 2020 we recorded an income tax expense of approximately $271,000 and $336,000, respectively, compared to income tax expense of $184,000 and $230,000 for the same 2019 periods.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 10 - Revenue Recognition Disaggregation of Revenue We have identified four material revenue categories in our business: (i) verification and certification service revenue, (ii) product sales, (iii) software license, maintenance and support services revenue and (iv) software-related consulting service revenue. Revenue attributable to each of our identified revenue categories is disaggregated in the table below (amounts in thousands). Three months ended September 30, 2020 Three months ended September 30, 2019 Verification Software Eliminations Consolidated Verification Software Eliminations Consolidated Verification and certification service revenue $ 4,307 $ - $ - $ 4,307 $ 4,759 $ - $ - $ 4,759 Product sales 1,362 - - 1,362 1,086 - - 1,086 Software license, maintenance and support services revenue - 245 - 245 - 287 (60 ) 227 Software-related consulting service revenue - 283 - 283 - 197 (37 ) 160 Total revenues $ 5,669 $ 528 $ - $ 6,197 $ 5,845 $ 484 $ (97 ) $ 6,232 Nine months ended September 30, 2020 Nine months ended September 30, 2019 Verification Software Eliminations Consolidated Verification Software Eliminations Consolidated Verification and certification service revenue $ 10,218 $ - $ - $ 10,218 $ 11,314 $ - $ - $ 11,314 Product sales 2,883 - - 2,883 2,363 - - 2,363 Software license, maintenance and support services revenue - 715 (90 ) 625 - 969 (147 ) 822 Software-related consulting service revenue - 823 (24 ) 799 - 661 (85 ) 576 Total revenues $ 13,101 $ 1,538 $ (114 ) $ 14,525 $ 13,677 $ 1,630 $ (232 ) $ 15,075 Contract Balances As of September 30, 2020, and December 31, 2019, accounts receivable from contracts with customers, net of allowance for doubtful accounts, were approximately $2.5 million. As of September 30, 2020, and December 31, 2019, deferred revenue from contracts with customers was approximately $1.1 and $0.8 million, respectively. The balance of the contract liabilities at September 30, 2020 and December 31, 2019 are expected to be recognized as revenue within one year or less of the invoice date. The following table reflects the changes in our contract liabilities during the three month period ended September 30, 2020: Deferred revenue (in thousands): Unearned revenue June 30, 2020 $ 1,206 Unearned billings 671 Revenue recognized (729 ) Unearned revenue September 30, 2020 $ 1,148 The following table reflects the changes in our contract liabilities during the nine month period ended September 30, 2020: Deferred revenue (in thousands): Unearned revenue January 1, 2020 $ 797 Unearned billings 2,408 Revenue recognized (2,057 ) Unearned revenue September 30, 2020 $ 1,148

Leases

Leases	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Leases	Note 11 – Leases The components of lease expense were as follows (amounts in thousands): Three months ended Nine months ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Operating lease cost $ 116 $ 115 $ 348 $ 353 Finance lease cost Amortization of assets 2 2 6 6 Interest on finance lease obligations 1 2 4 6 Variable lease cost - - - - Total net lease cost $ 119 $ 119 $ 358 $ 365 Included in the table above, for the three and nine months ended September 30, 2020, is $92,000 and $276,000, respectively, of operating lease cost for our corporate headquarters. This space is being leased from The Move, LLC. Our CEO and President, each a related party to WFCF, have a 24.3% jointly-held ownership interest in The Move, LLC. Supplemental balance sheet information related to leases was as follows (amounts in thousands): September 30, 2020 December 31, 2019 Operating leases: Related Party Other Total Related Party Other Total Operating lease ROU assets $ 2,800 $ 257 $ 3,057 $ 2,933 $ 314 $ 3,247 Current operating lease liabilities 174 86 260 $ 158 $ 81 $ 239 Noncurrent operating lease liabilities 3,127 201 3,328 3,260 266 3,526 Total operating lease liabilities $ 3,301 $ 287 $ 3,588 $ 3,418 $ 347 $ 3,765 Finance leases: September 30, 2020 December 31, 2019 Right of use asset, at cost $ 43 $ 43 Accumulated amortization (27 ) (22 ) Right of use asset, net $ 16 $ 21 Current obligations of finance leases $ 9 $ 8 Finance leases, net of current obligations 14 21 Total finance lease liabilities $ 23 $ 29 Weighted average remaining lease term (in years): Operating leases 10.2 11.0 Finance leases 2.4 3.0 Weighted average discount rate: Operating leases 5.8 % 5.8 % Finance leases 20.9 % 20.8 % Supplemental cash flow and other information related to leases was as follows (amounts in thousands): Three months ended Nine months ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 113 $ 109 $ 335 $ 320 Operating cash flows from finance leases $ 1 $ 2 $ 4 $ 6 Financing cash flows from finance leases $ 2 $ 2 $ 6 $ 5 ROU assets obtained in exchange for lease liabilities: Operating leases $ 3,507 $ 3,513 $ 3,507 $ 3,513 Maturities of lease liabilities were as follows (amounts in thousands): Years Ending December 31st, Operating Leases Finance Leases 2020 (remaining three months) $ 114 $ 3 2021 462 12 2022 466 10 2023 461 5 2024 407 - Thereafter 2,901 - Total lease payments 4,811 30 Less amount representing interest (1,223 ) (7 ) Total lease obligations 3,588 23 Less current portion (260 ) (9 ) Long-term lease obligations $ 3,328 $ 14

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 12 – Commitments and Contingencies Legal proceedings From time to time, we may become involved in various legal actions, administrative proceedings and claims in the ordinary course of business. We generally record losses for claims in excess of the limits of purchased insurance in earnings at the time and to the extent they are probable and estimable.

Segments

Segments	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Segments	Note 13 - Segments With each acquisition, we assess the need to disclose discrete information related to our operating segments. Because of the similarities of certain of our acquisitions that provide certification and verification services, we aggregate operations into one verification and certification reportable segment. The operating segments included in the aggregated verification and certification segment include IMI Global, ICS, JVF Consulting, and Validus. The factors considered in determining this aggregated reporting segment include the economic similarity of the businesses, the nature of services provided, production processes, types of customers and distribution methods. The Company also determined that it has a software sales and related consulting reportable segment. SureHarvest, which includes Sow Organic and Postelsia, is the sole operating segment. This segment includes software license, maintenance, support and software-related consulting service revenues. The Company’s chief operating decision maker (the Company’s CEO) allocates resources and assesses the performance of its operating segments. Segment management makes decisions, measures performance, and manages the business utilizing internal reporting operating segment information. Performance of operating segments are based on net sales, gross profit, selling, general and administrative expenses and most importantly, operating income. The Company eliminates intercompany transfers between segments for management reporting purposes. The following table shows information for reportable operating segments (amounts in thousands): Three months ended September 30, 2020 Three months ended September 30, 2019 Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Assets: Intangible and other assets, net $ 7,079 $ 3,856 $ (7,830 ) $ 3,105 $ 1,344 $ 2,054 $ - $ 3,398 Goodwill 2,946 - - 2,946 1,133 2,011 - 3,144 Total assets 19,494 5,379 (4,612 ) 20,261 14,214 5,324 - 19,538 Revenues: Verification and certification service revenue $ 4,307 $ - $ - $ 4,307 $ 4,759 $ - $ - $ 4,759 Product sales 1,362 - - 1,362 1,086 - - 1,086 Software license, maintenance and support services revenue - 245 - 245 - 287 (60 ) 227 Software-related consulting service revenue - 283 - 283 - 197 (37 ) 160 Total revenues $ 5,669 $ 528 $ - $ 6,197 $ 5,845 $ 484 $ (97 ) $ 6,232 Costs of revenues: Costs of verification and certification services $ 2,233 $ - $ - $ 2,233 $ 2,733 $ - $ (60 ) $ 2,673 Costs of products 866 - - 866 697 - - 697 Costs of software license, maintenance and support services - 138 - 138 - 153 - 153 Costs of software-related consulting services - 198 - 198 - 122 - 122 Total costs of revenues 3,099 336 - 3,435 3,430 275 (60 ) 3,645 Gross profit 2,570 192 - 2,762 2,415 209 (37 ) 2,587 Depreciation & amortization 112 145 - 257 78 179 - 257 Other operating expenses 1,404 145 - 1,549 1,520 233 (37 ) 1,716 Segment operating (loss)/income $ 1,054 $ (98 ) $ - $ 956 $ 817 $ (203 ) $ - $ 614 Other items to reconcile segment operating income (loss) to net income attributable to WFCF: Other expense (income) (47 ) 2 - (45 ) (30 ) - - (30 ) Income tax expense - 8 263 271 - - 184 184 Net loss attributable to non-controlling interest - - - - - 81 - 81 Net (loss)/income attributable to WFCF $ 1,101 $ (108 ) $ (263 ) $ 730 $ 847 $ (122 ) $ (184 ) $ 541 Nine months ended September 30, 2020 Nine months ended September 30, 2019 Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Assets: Intangible and other assets, net $ 7,079 $ 3,856 $ (7,830 ) $ 3,105 $ 1,344 $ 2,054 $ - $ 3,398 Goodwill 2,946 - - 2,946 1,133 2,011 - 3,144 Total assets 19,494 5,379 (4,612 ) 20,261 14,214 5,324 - 19,538 Revenues: Verification and certification service revenue $ 10,218 $ - $ - $ 10,218 $ 11,314 $ - $ - $ 11,314 Product sales 2,883 - - 2,883 2,362 - - 2,362 Software license, maintenance and support services revenue - 715 (90 ) 625 - 969 (147 ) 822 Software-related consulting service revenue - 823 (24 ) 799 - 661 (85 ) 576 Total revenues $ 13,101 $ 1,538 $ (114 ) $ 14,525 $ 13,676 $ 1,630 $ (232 ) $ 15,074 Costs of revenues: Costs of verification and certification services $ 5,373 $ - $ (90 ) $ 5,283 $ 6,455 $ - $ (123 ) $ 6,332 Costs of products 1,869 - - 1,869 1,538 - - 1,538 Costs of software license, maintenance and support services - 393 - 393 - 469 - 469 Costs of software-related consulting services - 508 - 508 - 395 - 395 Total costs of revenues 7,242 901 (90 ) 8,053 7,993 864 (123 ) 8,734 Gross profit 5,859 637 (24 ) 6,472 5,683 766 (109 ) 6,340 Depreciation & amortization 313 423 - 736 263 539 - 802 Other operating expenses 4,206 483 (24 ) 4,665 4,230 701 (109 ) 4,822 Segment operating (loss)/income $ 1,340 $ (269 ) $ - $ 1,071 $ 1,190 $ (474 ) $ - $ 716 Other items to reconcile segment operating income (loss) to net income attributable to WFCF: Other expense (income) (107 ) 2 - (105 ) (90 ) (1 ) - (91 ) Income tax expense - 8 328 336 - - 230 230 Net loss attributable to non-controlling interest - - - - - 182 - 182 Net (loss)/income attributable to WFCF $ 1,447 $ (279 ) $ (328 ) $ 840 $ 1,280 $ (291 ) $ (230 ) $ 759

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2020
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Note 14 – Supplemental Cash Flow Information Nine months ended September 30, 2020 2019 Cash paid during the year: Interest expense $ 5 $ 8 Income taxes $ 362 $ 131

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 15 – Subsequent Events On October 1, 2020 the Paycheck Protection Program (“PPP”) loan had a change in terms agreement modifying the beginning date of the principal and interest payments from December 1, 2020 to May 1, 2021. No other terms of the loan were modified, including the maturity date, interest rate or amount of the loan.

Basic and Diluted Net Income _2

Basic and Diluted Net Income Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Per share - net income attributable to Where Food Comes From, Inc.:
Schedule of Reconciliation of Basic and Diluted Income Per Share Computations	The following is a reconciliation of the share data used in the basic and diluted income per share computations (amounts in thousands): Three months ended September 30, Nine months ended September 30, 2020 2019 2020 2019 Basic: Weighted average shares outstanding 24,745 24,792 24,857 24,879 Diluted: Weighted average shares outstanding 24,745 24,792 24,857 24,879 Weighted average effects of dilutive securities 149 180 154 183 Total 24,894 24,972 25,011 25,062 Antidilutive securities: 286 283 286 283

Intangible and Other Assets (Ta

Intangible and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible and Other Assets	The following table summarizes our intangible and other assets (amounts in thousands, except useful life): September 30, December 31, Estimated 2020 2019 Useful Life Intangible assets subject to amortization: Tradenames and trademarks $ 417 $ 417 2.5 - 8.0 years Accreditations 85 85 5.0 years Customer relationships 3,664 3,351 3.0 - 15.0 years Patents 970 970 4.0 years Non-compete agreements 121 121 5.0 years 5,257 4,944 Less accumulated amortization 2,631 2,182 2,626 2,762 Tradenames/trademarks (not subject to amortization) 465 465 3,091 3,227 Other assets 14 21 Intangible and other assets: $ 3,105 $ 3,248

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2020
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	The following table summarizes our accrued expenses and other current liabilities as of (amounts in thousands): September 30, December 31, 2020 2019 Income and sales taxes payable $ 483 $ 171 Payroll related accruals 398 201 Customer deposits 93 62 Professional fees and other expenses 205 240 $ 1,179 $ 674

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Stock-based Compensation Expense	The amount of stock-based compensation expense is as follows (amounts in thousands): Three months ended September 30, Nine months ended September 30, 2020 2019 2020 2019 Stock options $ 24 $ 34 $ 77 $ 114 Restricted stock awards 1 3 3 15 Total $ 25 $ 37 $ 80 $ 129
Schedule of Estimated Fair Value of Stock Options	The Company estimated the fair value of stock options using the Black-Scholes-Merton option pricing model with the following assumptions: Nine months ended September 30, 2020 2019 Number of options awarded to purchase common shares 28,000 10,000 Risk-free interest rate 1.19 % 1.50 % Expected volatility 94.7 % 100.30 % Assumed dividend yield N/A N/A Expected life of options from the date of grant 9.8 years 9.8 years
Schedule of Unrecognized Compensation Cost from Unvested Awards	The estimated unrecognized compensation cost from unvested awards which will be recognized ratably over the remaining vesting phase is as follows (amounts in thousands): Years ended December 31st: Unvested stock options Unvested restricted stock awards Total unrecognized compensation expense 2020 (remaining three months) $ 30 $ 1 $ 31 2021 83 1 84 2022 20 - 20 2023 4 - 4 $ 137 $ 2 $ 139
Schedule of Stock Option Activity	Stock option activity under our Equity Incentive Plan is summarized as follows: Number of awards Weighted avg. exercise price per share Weighted avg. grant date fair value per share Weighted avg. remaining contractual life (in years) Aggregate intrinsic value Outstanding, December 31, 2019 437,126 $ 1.46 $ 1.49 5.97 $ 150,417 Granted 28,000 $ 1.72 $ 1.98 9.57 Exercised (10,000 ) $ 0.24 $ 0.24 0.50 Expired/Forfeited (25,325 ) $ - $ 1.84 6.98 Outstanding, September 30, 2020 429,801 $ 1.49 $ 1.53 5.51 $ 147,950 Exercisable, September 30, 2020 315,686 $ 1.38 $ 1.40 4.44 $ 147,350 Unvested, September 30, 2020 114,115 $ 1.77 $ 1.90 8.47 $ 600
Schedule of Restricted Stock Activity Under Equity Incentive Plan	Restricted stock activity under our Equity Incentive Plan is summarized as follows: Weighted avg. Number of grant date options fair value Non-vested restricted shares, December 31, 2019 5,000 $ 2.55 Granted - $ - Vested - $ - Forfeited - $ - Non-vested restricted shares, September 30, 2020 5,000 $ 2.55

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Schedule of Revenues Disaggregated by Revenue	Revenue attributable to each of our identified revenue categories is disaggregated in the table below (amounts in thousands). Three months ended September 30, 2020 Three months ended September 30, 2019 Verification Software Eliminations Consolidated Verification Software Eliminations Consolidated Verification and certification service revenue $ 4,307 $ - $ - $ 4,307 $ 4,759 $ - $ - $ 4,759 Product sales 1,362 - - 1,362 1,086 - - 1,086 Software license, maintenance and support services revenue - 245 - 245 - 287 (60 ) 227 Software-related consulting service revenue - 283 - 283 - 197 (37 ) 160 Total revenues $ 5,669 $ 528 $ - $ 6,197 $ 5,845 $ 484 $ (97 ) $ 6,232 Nine months ended September 30, 2020 Nine months ended September 30, 2019 Verification Software Eliminations Consolidated Verification Software Eliminations Consolidated Verification and certification service revenue $ 10,218 $ - $ - $ 10,218 $ 11,314 $ - $ - $ 11,314 Product sales 2,883 - - 2,883 2,363 - - 2,363 Software license, maintenance and support services revenue - 715 (90 ) 625 - 969 (147 ) 822 Software-related consulting service revenue - 823 (24 ) 799 - 661 (85 ) 576 Total revenues $ 13,101 $ 1,538 $ (114 ) $ 14,525 $ 13,677 $ 1,630 $ (232 ) $ 15,075
Schedule of Changes in Contract Liabilities	The following table reflects the changes in our contract liabilities during the three month period ended September 30, 2020: Deferred revenue (in thousands): Unearned revenue June 30, 2020 $ 1,206 Unearned billings 671 Revenue recognized (729 ) Unearned revenue September 30, 2020 $ 1,148 The following table reflects the changes in our contract liabilities during the nine month period ended September 30, 2020: Deferred revenue (in thousands): Unearned revenue January 1, 2020 $ 797 Unearned billings 2,408 Revenue recognized (2,057 ) Unearned revenue September 30, 2020 $ 1,148

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Schedule of Lease Expense	The components of lease expense were as follows (amounts in thousands): Three months ended Nine months ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Operating lease cost $ 116 $ 115 $ 348 $ 353 Finance lease cost Amortization of assets 2 2 6 6 Interest on finance lease obligations 1 2 4 6 Variable lease cost - - - - Total net lease cost $ 119 $ 119 $ 358 $ 365
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows (amounts in thousands): September 30, 2020 December 31, 2019 Operating leases: Related Party Other Total Related Party Other Total Operating lease ROU assets $ 2,800 $ 257 $ 3,057 $ 2,933 $ 314 $ 3,247 Current operating lease liabilities 174 86 260 $ 158 $ 81 $ 239 Noncurrent operating lease liabilities 3,127 201 3,328 3,260 266 3,526 Total operating lease liabilities $ 3,301 $ 287 $ 3,588 $ 3,418 $ 347 $ 3,765 Finance leases: September 30, 2020 December 31, 2019 Right of use asset, at cost $ 43 $ 43 Accumulated amortization (27 ) (22 ) Right of use asset, net $ 16 $ 21 Current obligations of finance leases $ 9 $ 8 Finance leases, net of current obligations 14 21 Total finance lease liabilities $ 23 $ 29 Weighted average remaining lease term (in years): Operating leases 10.2 11.0 Finance leases 2.4 3.0 Weighted average discount rate: Operating leases 5.8 % 5.8 % Finance leases 20.9 % 20.8 %
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow and other information related to leases was as follows (amounts in thousands): Three months ended Nine months ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 113 $ 109 $ 335 $ 320 Operating cash flows from finance leases $ 1 $ 2 $ 4 $ 6 Financing cash flows from finance leases $ 2 $ 2 $ 6 $ 5 ROU assets obtained in exchange for lease liabilities: Operating leases $ 3,507 $ 3,513 $ 3,507 $ 3,513
Schedule of Maturities of Operating Lease and Finance Lease Liabilities	Maturities of lease liabilities were as follows (amounts in thousands): Years Ending December 31st, Operating Leases Finance Leases 2020 (remaining three months) $ 114 $ 3 2021 462 12 2022 466 10 2023 461 5 2024 407 - Thereafter 2,901 - Total lease payments 4,811 30 Less amount representing interest (1,223 ) (7 ) Total lease obligations 3,588 23 Less current portion (260 ) (9 ) Long-term lease obligations $ 3,328 $ 14

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Schedule of Operating Segments	The Company eliminates intercompany transfers between segments for management reporting purposes. The following table shows information for reportable operating segments (amounts in thousands): Three months ended September 30, 2020 Three months ended September 30, 2019 Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Assets: Intangible and other assets, net $ 7,079 $ 3,856 $ (7,830 ) $ 3,105 $ 1,344 $ 2,054 $ - $ 3,398 Goodwill 2,946 - - 2,946 1,133 2,011 - 3,144 Total assets 19,494 5,379 (4,612 ) 20,261 14,214 5,324 - 19,538 Revenues: Verification and certification service revenue $ 4,307 $ - $ - $ 4,307 $ 4,759 $ - $ - $ 4,759 Product sales 1,362 - - 1,362 1,086 - - 1,086 Software license, maintenance and support services revenue - 245 - 245 - 287 (60 ) 227 Software-related consulting service revenue - 283 - 283 - 197 (37 ) 160 Total revenues $ 5,669 $ 528 $ - $ 6,197 $ 5,845 $ 484 $ (97 ) $ 6,232 Costs of revenues: Costs of verification and certification services $ 2,233 $ - $ - $ 2,233 $ 2,733 $ - $ (60 ) $ 2,673 Costs of products 866 - - 866 697 - - 697 Costs of software license, maintenance and support services - 138 - 138 - 153 - 153 Costs of software-related consulting services - 198 - 198 - 122 - 122 Total costs of revenues 3,099 336 - 3,435 3,430 275 (60 ) 3,645 Gross profit 2,570 192 - 2,762 2,415 209 (37 ) 2,587 Depreciation & amortization 112 145 - 257 78 179 - 257 Other operating expenses 1,404 145 - 1,549 1,520 233 (37 ) 1,716 Segment operating (loss)/income $ 1,054 $ (98 ) $ - $ 956 $ 817 $ (203 ) $ - $ 614 Other items to reconcile segment operating income (loss) to net income attributable to WFCF: Other expense (income) (47 ) 2 - (45 ) (30 ) - - (30 ) Income tax expense - 8 263 271 - - 184 184 Net loss attributable to non-controlling interest - - - - - 81 - 81 Net (loss)/income attributable to WFCF $ 1,101 $ (108 ) $ (263 ) $ 730 $ 847 $ (122 ) $ (184 ) $ 541 Nine months ended September 30, 2020 Nine months ended September 30, 2019 Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Verification and Certification Segment Software Sales and Related Consulting Segment Eliminations and Other Consolidated Totals Assets: Intangible and other assets, net $ 7,079 $ 3,856 $ (7,830 ) $ 3,105 $ 1,344 $ 2,054 $ - $ 3,398 Goodwill 2,946 - - 2,946 1,133 2,011 - 3,144 Total assets 19,494 5,379 (4,612 ) 20,261 14,214 5,324 - 19,538 Revenues: Verification and certification service revenue $ 10,218 $ - $ - $ 10,218 $ 11,314 $ - $ - $ 11,314 Product sales 2,883 - - 2,883 2,362 - - 2,362 Software license, maintenance and support services revenue - 715 (90 ) 625 - 969 (147 ) 822 Software-related consulting service revenue - 823 (24 ) 799 - 661 (85 ) 576 Total revenues $ 13,101 $ 1,538 $ (114 ) $ 14,525 $ 13,676 $ 1,630 $ (232 ) $ 15,074 Costs of revenues: Costs of verification and certification services $ 5,373 $ - $ (90 ) $ 5,283 $ 6,455 $ - $ (123 ) $ 6,332 Costs of products 1,869 - - 1,869 1,538 - - 1,538 Costs of software license, maintenance and support services - 393 - 393 - 469 - 469 Costs of software-related consulting services - 508 - 508 - 395 - 395 Total costs of revenues 7,242 901 (90 ) 8,053 7,993 864 (123 ) 8,734 Gross profit 5,859 637 (24 ) 6,472 5,683 766 (109 ) 6,340 Depreciation & amortization 313 423 - 736 263 539 - 802 Other operating expenses 4,206 483 (24 ) 4,665 4,230 701 (109 ) 4,822 Segment operating (loss)/income $ 1,340 $ (269 ) $ - $ 1,071 $ 1,190 $ (474 ) $ - $ 716 Other items to reconcile segment operating income (loss) to net income attributable to WFCF: Other expense (income) (107 ) 2 - (105 ) (90 ) (1 ) - (91 ) Income tax expense - 8 328 336 - - 230 230 Net loss attributable to non-controlling interest - - - - - 182 - 182 Net (loss)/income attributable to WFCF $ 1,447 $ (279 ) $ (328 ) $ 840 $ 1,280 $ (291 ) $ (230 ) $ 759

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2020
Supplemental Cash Flow Information [Abstract]
Schedule of Supplemental Cash Flow Information	Nine months ended September 30, 2020 2019 Cash paid during the year: Interest expense $ 5 $ 8 Income taxes $ 362 $ 131

Business Acquisitions (Details

Business Acquisitions (Details Narrative) - Postelsia Holdings, Ltd [Member] $ in Thousands	Feb. 21, 2020USD ($)
Cash payments for acquisition	$ 250
Cash held in escrow	$ 50
Estimated useful lives of intangible assets	8 years

Basic and Diluted Net Income _3

Basic and Diluted Net Income Per Share - Schedule of Reconciliation of Basic and Diluted Income Per Share Computations (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Per share - net income attributable to Where Food Comes From, Inc.:
Weighted average shares outstanding: Basic	24,745,000	24,792,000	24,857,000	24,879,000
Weighted average shares outstanding: Diluted	24,745,000	24,792,000	24,857,000	24,879,000
Weighted average effects of dilutive securities	149,000	180,000	154,000	183,000
Total	24,894,000	24,972,000	25,011,000	25,062,000
Antidilutive securities:	286,000	283,000	286,000	283,000

Investment in Progressive Bee_2

Investment in Progressive Beef, LLC (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Dividend income	$ 30	$ 30	$ 90	$ 90
Progressive Beef, LLC [Member]
Dividend income	$ 30	$ 30	$ 90	$ 90

Intangible and Other Assets - S

Intangible and Other Assets - Schedule of Intangible and Other Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Intangible and other assets, gross	$ 5,257	$ 4,944
Less accumulated amortization	2,631	2,182
Intangible and other assets, net	2,626	2,762
Tradenames/trademarks (not subject to amortization)	465	465
Intangible assets	3,091	3,227
Other assets	14	21
Intangible and other assets:	3,105	3,248
Trade Names and Trademarks [Member]
Intangible and other assets, gross	417	417
Accreditations [Member]
Intangible and other assets, gross	$ 85	85
Estimated useful lives of intangible assets	5 years
Customer Relationships [Member]
Intangible and other assets, gross	$ 3,664	3,351
Patents [Member]
Intangible and other assets, gross	$ 970	970
Estimated useful lives of intangible assets	4 years
Non-compete Agreements [Member]
Intangible and other assets, gross	$ 121	$ 121
Estimated useful lives of intangible assets	5 years
Minimum [Member] | Trade Names and Trademarks [Member]
Estimated useful lives of intangible assets	2 years 6 months
Minimum [Member] | Customer Relationships [Member]
Estimated useful lives of intangible assets	3 years
Maximum [Member] | Trade Names and Trademarks [Member]
Estimated useful lives of intangible assets	8 years
Maximum [Member] | Customer Relationships [Member]
Estimated useful lives of intangible assets	15 years

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Income and sales taxes payable	$ 483	$ 171
Payroll related accruals	398	201
Customer deposits	93	62
Professional fees and other expenses	205	240
Accrued expenses and other current liabilities	$ 1,179	$ 674

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Apr. 17, 2020	Sep. 30, 2020	Dec. 31, 2019
Paycheck Protection Program [Member]
Revolving line of credit maturity date	Apr. 17, 2022
Debt interest rate	1.00%
Proceeds from loans	$ 1,000,000	$ 350,000,000,000
Loans repayments term description	The loan will be repaid in 17 monthly consecutive interest and principal payments of approximately $57,876.
Loan interest and principal payments	$ 57,876
Revolving Line of Credit [Member]
Revolving line of credit maturity date		Apr. 12, 2022
Working capital		$ 75,080
Interest rate, basis spread		1.50%
Debt interest rate		4.75%	6.25%

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Number of awarded stock options to purchase	8,000,000	10,000,000
Stock options exercise price per share	$ 1.80	$ 1.71	$ 1.80	$ 1.71
Employees [Member]
Number of awarded stock options to purchase			20,000,000
Stock options exercise price per share	$ 2.05		$ 2.05

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Total	$ 25	$ 37	$ 80	$ 129
Stock Options [Member]
Total	24	34	77	114
Restricted Stock Awards [Member]
Total	$ 1	$ 3	$ 3	$ 15

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Estimated Fair Value of Stock Options (Details) - shares	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Number of options awarded to purchase common shares	28,000,000	10,000,000
Risk-free interest rate	1.19%	1.50%
Expected volatility	94.70%	100.30%
Assumed dividend yield
Expected life of options from the date of grant	9 years 9 months 18 days	9 years 9 months 18 days

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Unrecognized Compensation Cost from Unvested Awards (Details) $ in Thousands	Sep. 30, 2020USD ($)
Unvested stock options	$ 137
Unvested restricted stock awards	2
Total unrecognized compensation expense	139
2020 (Remaining Three Months) [Member]
Unvested stock options	30
Unvested restricted stock awards	1
Total unrecognized compensation expense	31
2021 [Member]
Unvested stock options	83
Unvested restricted stock awards	1
Total unrecognized compensation expense	84
2022 [Member]
Unvested stock options	20
Unvested restricted stock awards
Total unrecognized compensation expense	20
2023 [Member]
Unvested stock options	4
Unvested restricted stock awards
Total unrecognized compensation expense	$ 4

Stock-Based Compensation - Sc_4

Stock-Based Compensation - Schedule of Stock Option Activity (Details) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Number of stock options, Beginning Balance	437,126,000
Number of stock options, Granted	28,000,000	10,000,000
Number of stock options, Exercised	(10,000,000)
Number of stock options, Expired/Forfeited	(25,325,000)
Number of stock options, Ending Balance	429,801,000
Number of stock options, Exercisable Ending	315,686,000
Number of stock options, Unvested Ending	114,115,000
Weighted avg exercise price per share, Beginning Balance	$ 1.46
Weighted avg exercise price per share, Granted	1.72
Weighted avg exercise price per share, Exercised	0.24
Weighted avg exercise price per share, Expired/Forfeited
Weighted avg exercise price per share, Ending Balance	1.49
Weighted avg exercise price per share, Exercisable Ending	1.38
Weighted avg exercise price per share, Unvested Ending	1.77
Weighted avg grant date fair value per share, Beginning Balance	1.49
Weighted avg grant date fair value per share, Granted	1.98
Weighted avg grant date fair value per share, Exercised	0.24
Weighted avg grant date fair value per share, Expired/Forfeited	1.84
Weighted avg grant date fair value per share, Ending Balance	1.53
Weighted avg grant date fair value per share, Exercisable Ending	1.40
Weighted avg grant date fair value per share, Unvested Ending	$ 1.90
Weighted avg remaining contractual life (in years), Beginning Balance	5 years 11 months 19 days
Weighted avg remaining contractual life (in years), Granted	9 years 6 months 25 days
Weighted avg remaining contractual life (in years), Exercised	6 months
Weighted avg remaining contractual life (in years), Expired/Forfeited	6 years 11 months 23 days
Weighted avg remaining contractual life (in years), Ending Balance	5 years 6 months 3 days
Weighted avg remaining contractual life (in years), Exercisable Ending	4 years 5 months 9 days
Weighted avg remaining contractual life (in years), Unvested Ending	8 years 5 months 20 days
Aggregate intrinsic value, Beginning Balance	$ 150,417
Aggregate intrinsic value, Ending Balance	147,950
Aggregate intrinsic value, Exercisable Ending	147,350
Aggregate intrinsic value, Unvested Ending	$ 600

Stock-Based Compensation - Sc_5

Stock-Based Compensation - Schedule of Restricted Stock Activity Under Equity Incentive Plan (Details)	9 Months Ended
	Sep. 30, 2020$ / sharesshares
Share-based Payment Arrangement [Abstract]
Number of restricted stock options, Beginning Balance | shares	5,000,000
Number of restricted stock options, Granted | shares
Number of restricted stock options, Vested | shares
Number of restricted stock options, Forfeited | shares
Number of restricted stock options, Ending Balance | shares	5,000,000
Weighted avg grant date fair value, Beginning Balance | $ / shares	$ 2.55
Weighted avg grant date fair value, Granted | $ / shares
Weighted avg grant date fair value, Vested | $ / shares
Weighted avg grant date fair value, Forfeited | $ / shares
Weighted avg grant date fair value, Ending Balance | $ / shares	$ 2.55

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income tax benefit	$ 271	$ 184	$ 336	$ 230

Revenue Recognition (Details Na

Revenue Recognition (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Accounts receivable from contracts with customers, net of allowance for doubtful accounts	$ 2,500		$ 2,500
Deferred revenue from contracts with customers	$ 1,148	$ 1,206	$ 797

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Revenues Disaggregated by Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segment Reporting Information [Line Items]
Total revenues	$ 6,197	$ 6,232	$ 14,525	$ 15,075
Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	4,307	4,759	10,218	11,314
Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	245	227	625	822
Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	283	160	799	576
Verification and Certification Segment [Member]
Segment Reporting Information [Line Items]
Total revenues	5,669	5,845	13,101	13,677
Verification and Certification Segment [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	4,307	4,759	10,218	11,314
Verification and Certification Segment [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	1,362	1,086	2,883	2,363
Verification and Certification Segment [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Verification and Certification Segment [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Verification and Certification Segment [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Verification and Certification Segment [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Software Sales and Related Consulting Segment [Member]
Segment Reporting Information [Line Items]
Total revenues	528	484	1,538	1,630
Software Sales and Related Consulting Segment [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Software Sales and Related Consulting Segment [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues
Software Sales and Related Consulting Segment [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	283	197	823	661
Software Sales and Related Consulting Segment [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	245	287	715	969
Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Total revenues		(97)	(114)	(232)
Eliminations and Other [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Eliminations and Other [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues
Eliminations and Other [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues		(37)	(24)	(85)
Eliminations and Other [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues		(60)	(90)	(147)
Eliminations and Other [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Consolidated [Member]
Segment Reporting Information [Line Items]
Total revenues	6,197	6,232	14,525	15,075
Consolidated [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	4,307	4,759	10,218	11,314
Consolidated [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	1,362	1,086	2,883	2,363
Consolidated [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	283	160	799	576
Consolidated [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 245	$ 227	$ 625	$ 822

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Changes in Contract Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Unearned revenue, Beginning balance	$ 1,206	$ 797
Unearned billings	671	2,408
Revenue recognized	(729)	(2,057)
Unearned revenue, Ending balance	$ 1,148	$ 1,148

Leases (Details Narrative)

Leases (Details Narrative) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Operating lease cost	$ 116	$ 115	$ 348	$ 353
The Move, LLC [Member]
Ownership interest	24.30%		24.30%
Corporate Headquarters [Member]
Operating lease cost	$ 92		$ 276

Leases - Schedule of Lease Expe

Leases - Schedule of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Operating lease cost	$ 116	$ 115	$ 348	$ 353
Finance lease cost amortization of assets	2	2	6	6
Interest on finance lease obligations	1	2	4	6
Variable lease cost
Total net lease cost	$ 119	$ 119	$ 358	$ 365

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Operating lease ROU assets	$ 3,073	$ 3,268
Current operating lease liabilities	260	239
Noncurrent operating lease liabilities	3,328	3,526
Total operating lease liabilities	3,588	3,765
Finance leases: Right of use asset, at cost	43	43
Finance leases: Accumulated amortization	(27)	(22)
Finance leases: Right of use asset, net	16	21
Current obligations of finance leases	9	8
Finance leases, net of current obligations	14	21
Total finance lease liabilities	$ 23	$ 29
Weighted average remaining operating lease term (in years)	10 years 2 months 12 days	11 years
Weighted average remaining finance lease term (in years)	2 years 4 months 24 days	3 years
Operating leases weighted average discount rate	5.80%	5.80%
Finance leases weighted average discount rate	20.90%	20.80%
Related Party [Member]
Operating lease ROU assets	$ 2,800	$ 2,933
Current operating lease liabilities	174	158
Noncurrent operating lease liabilities	3,127	3,260
Total operating lease liabilities	3,301	3,418
Other [Member]
Operating lease ROU assets	257	314
Current operating lease liabilities	86	81
Noncurrent operating lease liabilities	201	266
Total operating lease liabilities	$ 287	$ 347

Leases - Schedule of Suppleme_2

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Operating cash flows from operating leases	$ 113	$ 109	$ 335	$ 320
Operating cash flows from finance leases	1	2	4	6
Financing cash flows from finance leases	2	2	6	5
ROU assets obtained in exchange for lease liabilities: Operating leases	$ 3,507	$ 3,513	$ 3,507	$ 3,513

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating Lease and Finance Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Leases [Abstract]
2020 (remaining three months)	$ 114
2021	462
2022	466
2023	461
2024	407
Thereafter	2,901
Total lease payments	4,811
Less amount representing interest	(1,223)
Total lease obligations	3,588	$ 3,765
Less current portion	(260)	(239)
Long-term lease obligations	3,328	3,526
2020 (remaining three months)	3
2021	12
2022	10
2023	5
2024
Thereafter
Total lease payments	30
Less amount representing interest	(7)
Total lease obligations	23	29
Less current portion	(9)	(8)
Long-term lease obligations	$ 14	$ 21

Segments (Details Narrative)

Segments (Details Narrative)	9 Months Ended
	Sep. 30, 2020Integer
Segment Reporting [Abstract]
Number of operating segment	1

Segments - Schedule of Operatin

Segments - Schedule of Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Goodwill	$ 2,946						$ 2,946		$ 2,946
Total assets	20,261						20,261		$ 18,237
Total revenues	6,197			$ 6,232			14,525	$ 15,075
Total costs of revenues	3,435			3,645			8,053	8,734
Gross profit	2,762			2,587			6,472	6,341
Depreciation & amortization							736	802
Segment operating (loss)/income	956			614			1,071	717
Income tax expense	271			184			336	230
Net loss attributable to non-controlling interest				81				182
Net (loss)/income attributable to WFCF	730	$ 351	$ (241)	541	$ 361	$ (143)	840	759
Verification and Certification Segment [Member]
Segment Reporting Information [Line Items]
Intangible and other assets, net	7,079			1,344			7,079	1,344
Goodwill	2,946			1,133			2,946	1,133
Total assets	19,494			14,214			19,494	14,214
Total revenues	5,669			5,845			13,101	13,677
Total costs of revenues	3,099			3,430			7,242	7,993
Gross profit	2,570			2,415			5,859	5,683
Depreciation & amortization	112			78			313	263
Other operating expenses	1,404			1,520			4,206	4,230
Segment operating (loss)/income	1,054			817			1,340	1,190
Other expense (income)	(47)			(30)			(107)	(90)
Income tax expense
Net loss attributable to non-controlling interest
Net (loss)/income attributable to WFCF	1,101			847			1,447	1,280
Verification and Certification Segment [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	4,307			4,759			10,218	11,314
Total costs of revenues	2,233			2,733			5,373	6,455
Verification and Certification Segment [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	1,362			1,086			2,883	2,363
Total costs of revenues	866			697			1,869	1,538
Verification and Certification Segment [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues
Verification and Certification Segment [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues
Software Sales and Related Consulting Segment [Member]
Segment Reporting Information [Line Items]
Intangible and other assets, net	3,856			2,054			3,856	2,054
Goodwill				2,011				2,011
Total assets	5,379			5,324			5,379	5,324
Total revenues	528			484			1,538	1,630
Total costs of revenues	336			275			901	864
Gross profit	192			209			637	766
Depreciation & amortization	145			179			423	539
Other operating expenses	145			233			483	701
Segment operating (loss)/income	(98)			(203)			(269)	(474)
Other expense (income)	2						2	(1)
Income tax expense	8						8
Net loss attributable to non-controlling interest				81				182
Net (loss)/income attributable to WFCF	(108)			(122)			(279)	(291)
Software Sales and Related Consulting Segment [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues
Software Sales and Related Consulting Segment [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues
Software Sales and Related Consulting Segment [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	245			287			715	969
Total costs of revenues	138			153			393	469
Software Sales and Related Consulting Segment [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	283			197			823	661
Total costs of revenues	198			122			508	395
Eliminations and Other [Member]
Segment Reporting Information [Line Items]
Intangible and other assets, net	(7,830)						(7,830)
Goodwill
Total assets	(4,612)						(4,612)
Total revenues				(97)			(114)	(232)
Total costs of revenues				(60)			(90)	(123)
Gross profit				(37)			(24)	(109)
Depreciation & amortization
Other operating expenses				(37)			(24)	(109)
Segment operating (loss)/income
Other expense (income)
Income tax expense	263			184			328	230
Net loss attributable to non-controlling interest
Net (loss)/income attributable to WFCF	(263)			(184)			(328)	(230)
Eliminations and Other [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues				(60)			(90)	(123)
Eliminations and Other [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues
Total costs of revenues
Eliminations and Other [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues				(60)			(90)	(147)
Total costs of revenues
Eliminations and Other [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues				(37)			(24)	(85)
Total costs of revenues
Consolidated [Member]
Segment Reporting Information [Line Items]
Intangible and other assets, net	3,105			3,398			3,105	3,398
Goodwill	2,946			3,144			2,946	3,144
Total assets	20,261			19,538			20,261	19,538
Total revenues	6,197			6,232			14,525	15,075
Total costs of revenues	3,435			3,645			8,053	8,734
Gross profit	2,762			2,587			6,472	6,340
Depreciation & amortization	257			257			736	802
Other operating expenses	1,549			1,716			4,665	4,822
Segment operating (loss)/income	956			614			1,071	716
Other expense (income)	(45)			(30)			(105)	(91)
Income tax expense	271			184			336	230
Net loss attributable to non-controlling interest				81				182
Net (loss)/income attributable to WFCF	730			541			840	759
Consolidated [Member] | Verification and Certification Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	4,307			4,759			10,218	11,314
Total costs of revenues	2,233			2,673			5,283	6,332
Consolidated [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenues	1,362			1,086			2,883	2,363
Total costs of revenues	866			697			1,869	1,538
Consolidated [Member] | Software License, Maintenance and Support Services Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	245			227			625	822
Total costs of revenues	138			153			393	469
Consolidated [Member] | Software-Related Consulting Service Revenue [Member]
Segment Reporting Information [Line Items]
Total revenues	283			160			799	576
Total costs of revenues	$ 198			$ 122			$ 508	$ 395

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Supplemental Cash Flow Information [Abstract]
Interest expense	$ 5	$ 8
Income taxes	$ 362	$ 131

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Paycheck Protection Program [Member]	Oct. 01, 2020	Apr. 17, 2020
Debt instruments payment description		The loan will be repaid in 17 monthly consecutive interest and principal payments of approximately $57,876.
Subsequent Event [Member]
Debt instruments payment description	On October 1, 2020 the Paycheck Protection Program ("PPP") loan had a change in terms agreement modifying the beginning date of the principal and interest payments from December 1, 2020 to May 1, 2021.