CoreCard (CCRD) 10-K 1 Mar 24 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 29, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Document Transition Report	false
Entity File Number	1-9330
Entity Registrant Name	CoreCard Corporation
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-1964787
Entity Address, Address Line One	One Meca Way
Entity Address, City or Town	Norcross
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30093
City Area Code	770
Local Phone Number	381‑2900
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	CCRD
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 181,513,363
Entity Common Stock, Shares Outstanding (in shares)		8,295,408
Auditor Name	Nichols, Cauley and Associates, LLC
Auditor Firm ID	281
Auditor Location	Atlanta, Georgia
Entity Central Index Key	0000320340
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 26,918	$ 20,399
Marketable securities	5,230	4,973
Accounts receivable, net	7,536	13,220
Other current assets	4,805	3,729
Total current assets	44,489	42,321
Investments	4,062	5,180
Property and equipment, at cost less accumulated depreciation	11,319	12,006
Other long-term assets	3,956	3,725
Total assets	63,826	63,232
Current liabilities
Accounts payable	1,557	2,011
Deferred revenue, current portion	2,310	1,094
Accrued payroll	2,172	1,888
Accrued expenses	971	525
Other current liabilities	2,530	2,025
Total current liabilities	9,540	7,543
Deferred revenue, net of current portion	265	473
Deferred tax liability		472
Long-term lease obligation	1,121	1,981
Other long-term liabilities	196
Total noncurrent liabilities	1,582	2,926
Stockholders' equity:
Common stock, $0.01 par value: Authorized shares - 20,000,000; Issued shares – 9,016,140 and 9,010,119 at December 31, 2023 and 2022, respectively; Outstanding shares – 8,295,408 and 8,502,735 at December 31, 2023 and 2022, respectively	90	90
Additional paid-in capital	16,621	16,471
Treasury stock, 720,732 and 507,384 shares as of December 31, 2023 and 2022, respectively, at cost	(20,359)	(16,662)
Accumulated other comprehensive loss	32	(61)
Accumulated income	56,320	52,925
Total stockholders’ equity	52,704	52,763
Total liabilities and stockholders’ equity	$ 63,826	$ 63,232

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	9,016,140	9,010,119
Common stock, shares outstanding (in shares)	8,295,408	8,502,735
Treasury Stock, Common, Shares (in shares)	720,732	507,384

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue
Total net revenue	$ 56,004	$ 69,765
Cost of Revenue
Total cost of revenue	36,571	32,664
Expenses
Marketing	310	336
General and administrative	5,334	5,112
Development	8,478	11,700
Income from operations	5,311	19,953
Investment loss	(1,579)	(1,144)
Other income, net	765	226
Income before income taxes	4,497	19,035
Income tax expense	1,102	5,154
Net income	$ 3,395	$ 13,881
Earnings per share:
Basic (in dollars per share)	$ 0.4	$ 1.62
Diluted (in dollars per share)	$ 0.4	$ 1.61
Basic weighted average common shares outstanding (in shares)	8,457,714	8,574,019
Diluted weighted average common shares outstanding (in shares)	8,474,123	8,598,546
Service [Member]
Revenue
Total net revenue	$ 54,210	$ 53,688
Cost of Revenue
Total cost of revenue	36,571	32,664
Product [Member]
Revenue
Total net revenue	$ 1,794	$ 16,077

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net income	$ 3,395	$ 13,881
us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract
Unrealized gain on marketable securities	126	23
Foreign currency translation adjustments	(33)	110
Total comprehensive income	$ 3,488	$ 14,014

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands		Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2021		8,689,815
Balance at Dec. 31, 2021			$ 90	$ 16,261	$ (11,327)	$ (194)	$ 39,044	$ 43,874
Common stock repurchased* (in shares)	[1]	(195,888)
Common stock repurchased*	[1]				(5,335)			(5,335)
Net income								13,881
Stock compensation expense (in shares)		8,808
Stock compensation expense				210				210
Unrealized gain on marketable securities						23		23
Foreign currency translation adjustment						110		110
Balance (in shares) at Dec. 31, 2022		8,502,735
Balance at Dec. 31, 2022			90	16,471	(16,662)	(61)	52,925	52,763
Common stock repurchased* (in shares)	[1]	(213,348)
Common stock repurchased*	[1]				(3,697)			(3,697)
Net income							3,395	3,395
Stock compensation expense (in shares)		6,021
Stock compensation expense				150				150
Unrealized gain on marketable securities						126		126
Foreign currency translation adjustment						(33)		(33)
Balance (in shares) at Dec. 31, 2023		8,295,408
Balance at Dec. 31, 2023			$ 90	$ 16,621	$ (20,359)	$ 32	$ 56,320	$ 52,704
[1]At December 31, 2023, approximately $14,678,000 was authorized for future repurchases of our common stock.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
OPERATING ACTIVITIES:
Net income	$ 3,395	$ 13,881
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,256	5,697
Stock-based compensation expense	150	210
Benefit for deferred income taxes	(1,573)	(77)
Non-cash investment loss	1,000	1,450
Non-cash interest income		(55)
Equity in loss (gain) of affiliate company	773	(275)
Changes in operating assets and liabilities:
Accounts receivable, net	5,684	(7,673)
Other current assets	(983)	(1,756)
Other long-term assets	254	(25)
Accounts payable	(690)	751
Accrued payroll	284	(257)
Deferred revenue, current portion	1,216	(1,169)
Accrued expenses	446	121
Other current liabilities	806	(1,268)
Deferred revenue, net of current portion	(208)	309
Net cash provided by operating activities	16,810	9,864
INVESTING ACTIVITIES:
Purchases of property and equipment	(5,245)	(8,735)
Advances on note and interest receivable	(650)
Purchase of long-term investment	(655)
Proceeds from payments on notes receivable	202	220
Purchases of marketable securities	(2,521)	(6,944)
Maturities of marketable securities	2,264	1,975
Net cash used in investing activities	(6,605)	(13,484)
FINANCING ACTIVITIES:
Repurchases of common stock	(3,653)	(5,335)
Net cash used in financing activities	(3,653)	(5,335)
Effects of exchange rate changes on cash	(33)	110
Net decrease in cash	6,519	(8,845)
Cash at beginning of year	20,399	29,244
Cash at end of year	26,918	20,399
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for income taxes	1,347	6,615
Purchases of property and equipment, accrued but not paid	$ 461	$ 225

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
	Dec. 31, 2023
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	ITEM 9B. OTHER INFORMATION During the fiscal quarter ended December 31, 2023, no
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization Consolidation Nature of Operations Use of Estimates Translation of Foreign Currencies Cash and cash equivalents Accounts Receivable and Allowance for Doubtful Accounts Senior management reviews accounts receivable on a regular basis to determine if any receivables will potentially be uncollectible. We include any accounts receivable balances that are estimated to be uncollectible in our overall allowance for doubtful accounts. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. Based on the information available to us, we believe our allowance for doubtful accounts as of December 31, 2023 and 2022 is adequate. However, actual write-offs might exceed the recorded allowance. Refer to Note 5 for additional information. Property and Equipment Internal-use software and system development costs incurred to develop or obtain software, which is intended for internal use, are not capitalized until the preliminary project stage is completed and management, with the relevant authority, authorizes and commits to funding a software project and it is probable that the project will be completed, and the software will be used to perform the function intended. Costs incurred during a software development project’s preliminary stage and post-implementation stage are expensed as incurred. Application development activities that are eligible for capitalization include software design and configuration, development of interfaces, coding, testing, and installation. Capitalized internal-use software and systems costs are subsequently amortized on a straight-line basis over a three seven no (in thousands) Useful life in years 2023 2022 Property and equipment 3 - 5 $ 25,382 $ 23,075 Internal-use software 3 - 7 5,015 1,967 Furniture and fixtures 5 - 7 1,044 922 Building 39 324 320 Property and equipment, gross 31,765 26,284 Accumulated depreciation (20,446 ) (14,278 ) Property and equipment, net $ 11,319 $ 12,006 Depreciation expense was $6,256,000 and $5,697,000 in 2023 and 2022, respectively. These expenses are included in general and administrative expenses or, for assets associated with our processing data centers, are included in cost of services. Intangible Assets Marketable Securities Management regularly reviews whether marketable securities are other-than-temporarily impaired. If any impairment is considered other-than-temporary, the Company writes down the investment to its then fair value and records the corresponding charge through investment income (loss) on its Consolidated Statement of Operations. Investments At December 31, 2023 and 2022, the aggregate value of investments was $4,062,000 and $5,180,000, respectively. Fair Value of Financial Instruments Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash, trade accounts and notes receivable. Our available cash is held in accounts managed by third-party financial institutions. Cash may exceed the Federal Deposit Insurance Corporation, or FDIC, insurance limits. While we monitor cash balances on a regular basis and adjust the balances as appropriate, these balances could be impacted if the underlying financial institutions fail. To date, we have experienced no loss or lack of access to our cash; however, we can provide no assurances that access to our cash will not be impacted by adverse conditions in the financial markets. A concentration of credit risk may exist with respect to trade receivables, as a substantial portion of our customers are concentrated in the financial services industry. We perform ongoing credit evaluations of customers worldwide and do not require collateral from our customers. Historically, we have not experienced significant losses related to receivables from individual customers or groups of customers in any particular industry or geographic area. Fair Value Measurements GAAP establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable input be used when available. Observable inputs are based on data obtained from sources independent of the Company that market participants would use in pricing the asset or liability. Unobservable inputs are inputs that reflect the Company’s assumptions about the estimates market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is measured in three levels based on the reliability of inputs: • Level 1 - Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block discounts are not applied to Level 1 instruments. • Level 2 - Valuations based on quoted prices in less active, dealer or broker markets. Fair values are primarily obtained from third party pricing services for identical or comparable assets or liabilities. • Level 3 - Valuations derived from other valuation methodologies, including pricing models, discounted cash flow models and similar techniques, and not based on market, exchange, dealer, or broker-traded transactions. Level 3 valuations incorporate certain assumptions and projections that are not observable in the market and significant professional judgment is needed in determining the fair value assigned to such assets or liabilities. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of equity method investments has not been determined as it is impracticable to do so due to the fact that the investee companies are relatively small, early-stage private companies for which there is no comparable valuation data available without unreasonable time and expense. The following tables present the fair value hierarchy for assets and liabilities measured at fair value: December 31, 2023 (in thousands) Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 23,048 $ − $ − $ 23,048 Marketable securities Corporate, municipal debt and treasury securities 5,230 − − 5,230 Total assets $ 28,278 $ − $ − $ 28,278 December 31, 2022 Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 17,496 $ − $ − $ 17,496 Marketable securities Corporate, municipal debt and treasury securities 4,973 − − 4,973 Total assets $ 22,469 $ − $ − $ 22,469 Revenue Recognition Our software license arrangements generally fall into one of the following four categories: ● an initial contract with the customer to license certain software modules, to provide services to get the customer live on the software (such as training and customization) and to provide post contract support (“PCS”) for a specified period of time thereafter, ● purchase of additional licenses for new modules or for tier upgrades for a higher volume of licensed accounts, ● other optional standalone contracts, usually performed after the customer is live on the software, for services such as new interfaces or custom features requested by the customer, additional training and problem resolution not covered in annual maintenance contracts, or ● contracts for certain licensed software products that involve an initial fee plus recurring monthly fees during the contract life. At contract inception, we assess the products and services promised in our contracts with customers and identify a performance obligation for each promise to transfer to the customer a product or service (or bundle of products or services) that is distinct. A performance obligation is distinct if a product or service is separately identifiable from other items in the bundled package and if a customer can benefit from it on its own or with other resources that are readily available to the customer. To identify our performance obligations, we consider all of the products or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. We recognize revenue when or as we satisfy a performance obligation by transferring control of a product or service to a customer. Our revenue recognition policies for each of the situations described above are discussed below. Our software licenses generally have significant stand-alone functionality to the customer upon delivery and are considered to be functional intellectual property. Additionally, the purpose in granting these software licenses to a customer is typically to provide the customer a right to use our intellectual property. Our software licenses are generally considered distinct performance obligations, and revenue allocated to the software license is typically recognized at a point in time upon delivery of the license. Initial implementation fees do not meet the criteria for separate accounting because the software usually requires significant modification or customization that is essential to its functionality. We recognize revenue related to implementations over the life of the customer once the implementation is complete. We account for the PCS element contained in the initial contract based on relative standalone selling price, which is annual renewal fees for such services, and PCS is recognized ratably on a straight-line basis over the period specified in the contract as we generally satisfy these performance obligations evenly using a time-elapsed output method over the contract term given there is no discernible pattern of performance. Upon renewal of the PCS contract by the customer, we recognize revenues ratably on a straight-line basis over the period specified in the PCS contract. All of our software customers purchase software maintenance and support contracts and renew such contracts annually. Certain initial software contracts contain specified future service elements for scheduled completion following the implementation, and related recognition, of the initial license. In these instances, after the initial license recognition, where distinct future performance obligations are identified in the contract and we could reliably measure the completion of each identified performance obligation, we have recognized revenue at the time the individual performance obligation was completed. Purchases of additional licenses for tier upgrades or additional modules are generally recognized as license revenue in the period in which the purchase is made for perpetual licenses. Services provided under standalone contracts that are optional to the customer and are outside of the scope of the initial contract are single element services contracts. These standalone services contracts are not essential to the functionality of the software contained in the initial contract and generally do not include acceptance clauses or refund rights as may be included in the initial software contracts, as described above. Revenues from these services contracts, which are generally performed within a relatively short period of time, are recognized when the services are complete or in some cases as the services are provided. These revenues generally re-occur as contracts are renewed. Payment terms for professional services may be based on an upfront fixed fee with the remainder due upon completion or on a time and materials basis. For contracts for licensed software which include an initial fee plus recurring monthly fees for software usage, maintenance and support, we recognize the total fees ratably on a straight-line basis over the estimated life of the contract as services revenue. Revenues from processing services are typically volume- or activity-based depending on factors such as the number of accounts processed, number of accounts on the system, number of hours of services or computer resources used. For processing services which include an initial fee plus recurring monthly fees for services, we recognize the initial fees ratably on a straight-line basis over the estimated life of the contract as services revenue. The payment terms may include tiered pricing structures with the base tier representing a minimum monthly usage fee. For processing services revenues, we stand ready to provide continuous access to our processing platforms and perform an unspecified quantity of outsourced and transaction-processing services for a specified term or terms. Accordingly, processing services are generally viewed as a stand-ready performance obligation comprised of a series of distinct daily services. We typically satisfy our processing services performance obligations over time as the services are provided. Technology or service components from third parties are frequently embedded in or combined with our products or service offerings. We are often responsible for billing the client in these arrangements and transmitting the applicable fees to the third party. We determine whether we are responsible for providing the actual product or service as a principal, or for arranging for the solution or service to be provided by the third party as an agent. Judgment is applied to determine whether we are the principal or the agent by evaluating whether we have control of the product or service prior to it being transferred to the customer. The principal versus agent assessment is performed at the performance obligation level. Indicators that we consider in determining if we have control include whether we are primarily responsible for fulfilling the promise to provide the specified product or service to the customer, whether we have inventory risk and discretion in establishing the price the customer ultimately pays for the product or service. Depending upon the level of our contractual responsibilities and obligations for delivering solutions to end customers, we have arrangements where we are the principal and recognize the gross amount billed to the customer and other arrangements where we are the agent and recognize the net amount retained. Revenue is recorded net of applicable sales tax. Deferred Revenue Cost of Revenue Software Development Expense Warranty Costs Legal Expense Stock Based Compensation Pursuant to the 2020 Non-employee Directors’ Stock Incentive Plan, there were 6,021 shares granted in the year ended December 31, 2023, and a total of 8,808 shares were granted in the year ended December 31, 2022. No The fair value of the grants are being amortized over the vesting period for the options. All of the Company’s stock-based compensation expense relates to stock options and stock grants. All stock options were vested and compensation cost recognized as of December 31, 2023. Income Taxes We record tax benefits for positions that we believe are more likely than not of being sustained under audit examinations. We assess the potential outcome of such examinations to determine the adequacy of our income tax accruals. We recognize interest and penalties accrued related to unrecognized tax benefits in the provision for income taxes on our Consolidated Statements of Operations. We adjust our income tax provision during the period in which we determine that the actual results of the examinations may differ from our estimates or when statutory terms expire. Changes in tax laws and rates are reflected in our income tax provision in the period in which they occur. Comprehensive Income (Loss) Recent Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures (Amendments to Topic 280). This standard was issued to improve the disclosures about reportable segments and address requests from investors for additional, more detailed information about a reportable segment’s expenses by requiring disclosure of incremental segment information on an annual and interim basis to enable investors to develop more decision-useful financial analyses. Topic 280 currently requires certain information about its reportable segments. The amendments in the ASU do not change or remove those disclosure requirements. The amendments in this ASU are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The adoption of the ASU is on a retrospective basis. We will adopt the updated accounting guidance in our Annual Report on Form 10-K for the year ended December 31, 2024. We are currently evaluating the impact the adoption of the new accounting guidance will have on our segment disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This standard was issued to enhance the transparency and decision usefulness of income tax disclosures to provide information to better assess how an entity’s operations and related tax risks and tax planning and operational opportunities affect its tax rate and prospects for future cash flows. The amendments in this ASU address transparency about income tax information through disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments in this ASU are effective for annual periods beginning after December 15, 2024. The ASU should be applied on a prospective basis. Retrospective application is permitted. We will adopt the updated accounting guidance in our Annual Report on Form 10-K for the year ended December 31, 2025. We are currently evaluating the impact the adoption of the new accounting guidance will have on our income tax disclosures. Recent Accounting Pronouncements Adopted In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments, to require financial assets carried at amortized cost to be presented at the net amount expected to be collected based on historical experience, current conditions and forecasts. Subsequently, the FASB issued ASU No. 2018-19, Codification Improvements to Topic 326, to clarify that receivables arising from operating leases are within the scope of lease accounting standards. Further, the FASB issued ASU No. 2019-04, ASU No. 2019-05, ASU 2019-10 and ASU 2019-11 to provide additional guidance on the credit losses standard. The ASUs are effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. Adoption of the ASUs is on a modified retrospective basis. We adopted the ASUs on January 1, 2023, which did not have a material impact on our Consolidated Financial Statements. In March 2022, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2022-02 "Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" (ASU 2022-02), which eliminates the accounting guidance for troubled debt restructurings (TDRs) by creditors that have adopted ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" and enhances certain disclosure requirements. The ASU is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. Adoption of the ASUs is on a modified retrospective basis. We adopted the ASUs on January 1, 2023, which did not have a material impact on our Consolidated Financial Statements. We have considered all other recently issued accounting pronouncements and do not believe the adoption of such pronouncements will have a material impact on our Consolidated Financial Statements.

Note 2 - Revenue

Note 2 - Revenue	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	2. REVENUE Disaggregation of Revenue In the following table, revenue is disaggregated by type of revenue for the years ended December 31, 2023 and 2022: Year ended December 31, (in thousands) 2023 2022 License $ 1,794 $ 16,077 Professional services 28,237 29,599 Processing and maintenance 22,439 18,953 Third party 3,534 5,136 Total $ 56,004 $ 69,765 Foreign revenues are based on the location of the customer. Revenues from customers by geographic areas for the years ended December 31, 2023 and 2022 are as follows: Year ended December 31, (in thousands) 2023 2022 United States $ 53,915 $ 68,160 Europe 116 100 Middle East 1,973 1,505 Total $ 56,004 $ 69,765

Note 3 - Notes Receivable

Note 3 - Notes Receivable	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Financing Receivables [Text Block]	3. NOTES RECEIVABLE In February 2021, we entered into and advanced a $550,000 Promissory Note with a privately held technology company and program manager in the FinTech industry. The note had an interest rate of 4.6 percent annually and was paid in full in August 2023. In September 2023, we entered into and advanced a $450,000 Promissory Note with a maturity date of October 2025 and an annual interest rate of 5.25 percent. In December 2023, we entered into and advanced a $200,000 Promissory Note with a maturity date of October 2025 and an annual interest rate of 5.25 percent. The carrying value of the current portion of our notes receivable of $240,000 at December 31, 2023 is included in other current assets on the Consolidated Balance Sheets. The carrying value of the noncurrent portion of our note receivable of $364,000 at December 31, 2023 is included in other long-term assets on the Consolidated Balance Sheets.

Note 4 - Investments

Note 4 - Investments	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Investment [Text Block]	4. INVESTMENTS Beginning in 2017, and in subsequent periods we entered into a Loan Agreement and various Promissory Notes with a privately held identity and professional services company with ties to the FinTech industry. In June 2019, we converted the Loan Agreement and all Promissory Notes into equity resulting in ownership of 40 percent of the company. In the fourth quarter of 2022, based on the entity’s decision to exit the media and events business and wind down its operations, we recorded an impairment charge of $1,450,000, included in investment income (loss) on the Consolidated Statement of Operations, to reduce the carrying value of the investee company to $0 as of December 31, 2022. In 2021, the company transferred its advisory business to a new entity. We contributed our note receivable of $2,806,000 and $800,000 of cash for a 28 percent ownership interest in the new entity. As of December 31, 2023, we held a 26.5 percent ownership interest in the new entity. The investee raised an additional $2.7 million in the fourth quarter of 2023. CoreCard participated in the new investment and contributed an additional $500,000. The carrying value of our investment was $3,907,000 at December 31, 2023, and $4,180,000 at December 31, 2022, included in investments on the Consolidated Balance Sheets. We account for this investment using the equity method of accounting which resulted in losses of $773,000 and income of $275,000 for the twelve months ended December 31, 2023 and 2022, respectively, included in investment income (loss) on the Consolidated Statement of Operations. At December 31, 2023, the carrying value of this investment exceeded our share of the investee’s net asset assets by approximately $2.8 million. Substantially all of this difference is comprised of goodwill and other intangible assets. On December 30, 2016 we signed an agreement to invest $1,000,000 in a privately held technology company and program manager in the FinTech industry. The investment was funded on January 4, 2017. In 2018, we recorded an impairment charge of $250,000 to reduce the carrying value due to the investee’s limited funding to support its operation and sales and marketing efforts. In 2020, due to the uncertainty from the economic downturn resulting from the COVID-19 pandemic, we determined that the fair value of our investment was $0 and therefore we recorded an impairment charge of $750,000, included in investment loss on the Consolidated Statement of Operations for the quarter ended March 31, 2020. We invested an additional $155,000 in August 2023 to bring our ownership to 3.4 percent of the investee. CoreCard remains in an ongoing business relationship with the company pursuant to a Processing Agreement and a Program Management Services Agreement. CoreCard is positioned to assume the program management aspects of the investee company if the need should arise to ensure their program(s) ongoing viability and the completion of the Processing Agreement with CoreCard. As program manager for this company, we receive cash periodically to fund the customer’s various programs. We held $1,005,000 and $651,000 at December 31, 2023 and 2022, respectively, in cash on behalf of this customer which is included in other current liabilities on the Consolidated Balance Sheet. There are no legal restrictions on these funds, we therefore present the funds as cash on the Consolidated Balance Sheets. In the second quarter of 2021, we invested $1,000,000 in a privately held company that provides supply chain and receivables financing. During the third quarter of 2023, due to the failure of the business to successfully monetize its product offerings, we recorded an impairment charge of $1,000,000 included in investment income (loss) on the Consolidated Statement of Operations, to reduce the carrying value of the investee company to $0 as of December 31, 2023. We evaluate on a continuing basis whether any impairment indicators are present that would require additional analysis or write-downs of our remaining investments. While we have not recorded an impairment related to these remaining investments as of December 31, 2023, variations from current expectations could impact future assessments resulting in future impairment charges.

Note 5 - Accounts Receivable an

Note 5 - Accounts Receivable and Customer Concentrations	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	5. ACCOUNTS RECEIVABLE AND CUSTOMER CONCENTRATIONS At December 31, 2023 our allowance for doubtful accounts was $200,000 compared to $0 in 2022. There were no The following table indicates the percentage of consolidated revenue from continuing operations and year-end accounts receivable represented by each customer that represented more than 10 percent of consolidated revenue from continuing operations or year-end accounts receivable. Revenue Accounts Receivable 2023 2022 2023 2022 Customer A 67% 75% 57% 76% Customer B * * 12% * * Less than 10%

Note 6 - Marketable Securities

Note 6 - Marketable Securities	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	6. MARKETABLE SECURITIES The amortized cost, unrealized gain (loss), and estimated fair value of the Company's investments in securities available for sale consisted of the following: December 31, 2023 (in thousands) Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Marketable securities Corporate, municipal debt and treasury securities $ 5,113 $ 118 $ (1 ) $ 5,230 The Company had one not The following table summarizes the stated maturities of the Company’s marketable securities: December 31, 2023 December 31, 2022 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 1,506 $ 1,556 $ 1,594 $ 1,602 Due after one year through three years 3,607 3,674 3,356 3,371 Total $ 5,113 $ 5,230 $ 4,950 $ 4,973

Note 7 - Income Taxes

Note 7 - Income Taxes	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	7. INCOME TAXES The income tax provision from operations consists of the following: Year ended December 31, (in thousands) 2023 2022 Current $ 2,675 $ 5,231 Deferred (1,573 ) (77 ) Total $ 1,102 $ 5,154 The following is a reconciliation of estimated income taxes at the statutory rate from operations to estimated tax expense (benefit) as reported: Year ended December 31, 2023 2022 Statutory rate 21 % 21 % State and local taxes, net of federal benefitRE: Gray Television, Inc. - 10K 4.7 4.7 State tax settlement 7.0 – Research and development credit (10.4 ) (1.5 ) Foreign tax credit (17.6 ) (1.3 ) GILTI income inclusion 22 3.9 Other (2.2 ) 0.3 Effective rate 24.5 % 27.1 % Net deferred tax assets (liabilities) consist of the following at December 31: (in thousands) 2023 2022 Deferred tax (liabilities) assets: Unrealized loss on investments $ 1,045 $ 788 IRC section 174 costs 1,566 822 Fixed assets (1,111 ) (1,441 ) Other 118 (124 ) Total deferred tax asset 1,618 45 Less valuation allowance (517 ) (517 ) Net deferred tax asset (liability) $ 1,101 $ (472 ) We had a net deferred tax asset of approximately $.1.1 million at December 31, 2023 included in Other long-term assets on the Consolidated Balance Sheets and a net deferred tax liability of approximately $0.5 million at December 31, 2022. The gross deferred tax asset/liability has been offset by a valuation allowance of $0.5 million in 2023 and 2022, because the Company believes that it is more likely than not that the amount will not be realized. We have maintained a valuation allowance on deferred tax assets resulting from unrealized capital losses as we are not able to conclude that is it more likely than not that these will be realized due to the unpredictability of future capital gains. No deferred taxes have been provided on temporary differences related to investments in foreign subsidiaries because these investments are considered to be permanent. We recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are recognized, net of a valuation allowance, for the estimated future tax effects of deductible temporary differences and tax credit carry-forwards. A valuation allowance against deferred tax assets is recorded when, and if, based upon available evidence, it is more likely than not that some or all deferred tax assets will not be realized. We have recognized tax benefits from all tax positions we have taken, and there has been no adjustment to any carry forwards (research and development credits) in the past two years. There were no no We file a consolidated U.S. federal income tax return for all subsidiaries in which our ownership equals or exceeds 80%, as well as individual subsidiary returns in various states and foreign jurisdictions. With few exceptions we are no longer subject to U.S. federal, state and local or foreign income tax examinations by taxing authorities for returns filed more than three years ago.

Note 8 - Commitments and Contin

Note 8 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	8. COMMITMENTS AND CONTINGENCIES Leases We have noncancelable operating leases for offices and data centers expiring at various dates through February 2027. These operating leases are included in other long-term assets on the Company's Consolidated Balance Sheets and represent the Company’s right to use the underlying asset for the lease term. The Company’s obligation to make lease payments are included in other current liabilities and long-term lease obligation on the Company's Consolidated Balance Sheets. Operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. Because the rate implicit in each lease is not readily determinable, the Company uses its incremental borrowing rate to determine the present value of the lease payments. Supplemental Information Leases Supplemental information related to our right-of-use assets and related lease liabilities is as follows: Year Ended December 31, 2023 2022 Right-of-use asset, net and lease liabilities (in thousands) $ 2,003 $ 3,373 Cash paid for operating lease liabilities (in thousands) $ 1,339 $ 1,323 Weighted average remaining lease term (years) 2.8 3.2 Weighted average discount rate 3.4 % 3.4 % Maturities of our operating lease liabilities as of December 31, 2023 is as follows: Operating Leases (In thousands) 2024 $ 1,022 2025 641 2026 528 2027 68 Total lease liabilities $ 2,259 Lease expense for the years ended December 31, 2023 and 2022 consisted of the following: Year Ended December 31, (in thousands) 2023 2022 Cost of revenue $ 744 $ 779 General and administrative 458 362 Development 137 182 Total $ 1,339 $ 1,323 Legal Matters There are no pending or threatened legal proceedings. However, in the ordinary course of business, from time to time we may be involved in various pending or threatened legal actions. The litigation process is inherently uncertain, and it is possible that the resolution of such matters might have a material adverse effect upon our financial condition and/or results of operations. We accrue for unpaid legal fees for services performed to date.

Note 9 - Defined Contribution P

Note 9 - Defined Contribution Plans	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	9. DEFINED CONTRIBUTION PLANS We maintain a 401(k) defined contribution plan covering all U.S. employees. Our matching contributions, net of forfeitures, under the plan, which are optional and based on the level of individual participant’s contributions, amounted to $79,000 and $67,000 in 2023 and 2022, respectively.

Note 10 - Related Party Transac

Note 10 - Related Party Transaction	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	10. RELATED PARTY TRANSACTION The lease on our headquarters and primary facility in Norcross, Georgia is held by ISC Properties, LLC, an entity controlled by our Chairman and Chief Executive Officer, J. Leland Strange. Mr. Strange holds a 100% ownership interest in ISC Properties, LLC. We paid rent of $357,000 and 333,000 to ISC Properties, LLC in the years ended December 31, 2023 and 2022, respectively. We have determined that ISC Properties, LLC is not a variable interest entity.

Note 11 - Stock Compensation Pl

Note 11 - Stock Compensation Plans	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	11. STOCK COMPENSATION PLANS A summary of all stock incentive plans for the years ended December 31, 2023 and 2022 was as follows: Stock Incentives Granted Stock Incentives Exercised Stock Incentives Expired Stock Incentives Cancelled 2023 2022 2023 2022 2023 2022 2023 2022 2003 Incentive Stock Plan 1 N/A N/A - - - - - - 2015 Incentive Stock Plan 2 - - - - - - - - Non-Employee Directors’ Stock Option Plan 3 N/A N/A - - - - - - 2011 Non-Employee Directors Stock Plan 4 N/A N/A - - - - - - 2020 Non-Employee Directors’ Stock Incentive Plan 5 6,021 8,808 N/A N/A N/A N/A N/A N/A 2022 Employee Stock Incentive Plan 6 - - - - - - - - Stock options under all plans are granted at an exercise price equal to fair value on the date of grant and vest over 2-3 years. The following is a summary of all plans as of December 31, 2023: Total of All Plans Fully Vested and Exercisable Not Vested Stock Incentives Granted 1,380,152 59,000 - Stock Incentives Exercised 1,014,820 N/A N/A Stock Incentives Cancelled 282,680 N/A N/A As of December 31, 2023, there was no 1 2 3 4 5 6 § Indicates plans with stock options. † Indicates plans with stock grants. Stock option activity during the years ended December 31, 2023 and 2022 was as follows: 2023 2022 Stock Options outstanding at January 1 59,000 59,000 Stock Options cancelled – – Stock Options exercised – – Stock Options granted – – Stock Options outstanding at December 31 59,000 59,000 Stock Options available for grant at December 31 926,348 932,369 Stock Options exercisable at December 31 59,000 59,000 Exercise price ranges per share: Granted N/A N/A Exercised N/A $1.52 - $1.72 Outstanding $3.50 - $39.11 $3.50 - $39.11 Weighted average exercise price per share: Granted – – Exercised – – Outstanding at December 31 17.35 17.35 Exercisable at December 31 17.35 17.35 The following tables summarize information about the stock options outstanding under the Company’s option plans as of December 31, 2023. Options Outstanding and Exercisable: Range of Number Wgt. Avg. Contractual (in years) Wgt. Avg. Aggregate $3.50 - $3.86 13,000 3.2 $ 3.75 $ 131,050 $7.80 8,000 4.4 $ 7.80 $ 48,240 $19.99 30,000 5.1 $ 19.99 $ – $39.11 8,000 5.4 $ 39.11 $ – $3.50 - $39.11 59,000 4.6 $ 17.35 $ 179,290 Aggregate intrinsic value represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of the year ended December 31, 2023, and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2023. The amount of aggregate intrinsic value will change based on the fair value of the Company’s common stock. Restricted Stock In February 2024, the Board approved a restricted stock grant of 288,803 shares with a grant date fair value of approximately $3,600,000. The Restricted stock awards vest in one installment on the third anniversary of the grant date, subject to the holder's continued service on the vesting date. Restricted shares cannot be sold or transferred until they have vested. The grant date fair value of restricted stock awards, which is based on the quoted market value of our common stock on the grant date, is recognized as share-based compensation expense on a straight-line basis over the vesting period. Our restricted stock agreements provide for accelerated vesting under certain conditions.

Note 12 - Foreign Operations

Note 12 - Foreign Operations	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Additional Financial Information Disclosure [Text Block]	12. FOREIGN OPERATIONS In 2003, we established a subsidiary of CoreCard Software in Romania for software development and testing activities. In 2006, we established a subsidiary in India for additional software development and testing activities as well as support for processing operations. In October 2020, we opened an office in Dubai, United Arab Emirates to support CoreCard’s expansion of processing services into new markets in the Asia Pacific, Middle East, Africa and European regions. In October 2021, we opened a new location in Bogotá, Colombia where we have technical personnel to support existing customers and continued growth. At December 31, 2023 and 2022, continuing operations of foreign subsidiaries had assets of $7,301,000 and $5,594,000, respectively, and total liabilities of $1,838,000 and $1,881,000, respectively. The majority of these assets and liabilities are in India. There are no currency exchange restrictions related to our foreign subsidiaries that would affect our financial position or results of operations. Refer to Note 1 for a discussion regarding how we account for translation of non-U.S. currency amounts.

Note 13 - Industry Segments

Note 13 - Industry Segments	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	13. INDUSTRY SEGMENTS Management considers our subsidiaries, consisting of CoreCard and its affiliate companies, to be one

Note 14 - Earnings Per Share

Note 14 - Earnings Per Share	12 Months Ended
	Dec. 31, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	14. EARNINGS PER SHARE Basic earnings per share is computed by dividing net income (numerator) by the weighted average number of common shares outstanding (denominator) during the period and excludes the dilutive effect of stock options. Diluted earnings per share gives effect to all dilutive potential common shares outstanding during a period. In computing diluted income per share, the average stock price for the period is used in determining the number of shares assumed to be reacquired under the treasury stock method for the hypothetical exercise of stock options. The following tables represent required disclosure of the reconciliation of the income (loss) and the shares used in the basic and diluted income (loss) per share computation: Year ended December 31, (in thousands, except per share data): 2023 2022 Numerator: Net Income $ 3,395 $ 13,881 Denominator: Weighted-average basic shares outstanding 8,458 8,574 Effect of dilutive securities 16 25 Weighted-average diluted shares 8,474 8,599 Basic earnings per share $ 0.40 $ 1.62 Diluted earnings per share $ 0.40 $ 1.61 At December 31, 2023 and 2022, there were 16,000 and 25,000 dilutive stock options exercisable, respectively.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Consolidation
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Translation of Foreign Currencies
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and cash equivalents
Receivable [Policy Text Block]	Accounts Receivable and Allowance for Doubtful Accounts Senior management reviews accounts receivable on a regular basis to determine if any receivables will potentially be uncollectible. We include any accounts receivable balances that are estimated to be uncollectible in our overall allowance for doubtful accounts. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. Based on the information available to us, we believe our allowance for doubtful accounts as of December 31, 2023 and 2022 is adequate. However, actual write-offs might exceed the recorded allowance. Refer to Note 5 for additional information.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Internal-use software and system development costs incurred to develop or obtain software, which is intended for internal use, are not capitalized until the preliminary project stage is completed and management, with the relevant authority, authorizes and commits to funding a software project and it is probable that the project will be completed, and the software will be used to perform the function intended. Costs incurred during a software development project’s preliminary stage and post-implementation stage are expensed as incurred. Application development activities that are eligible for capitalization include software design and configuration, development of interfaces, coding, testing, and installation. Capitalized internal-use software and systems costs are subsequently amortized on a straight-line basis over a three seven no (in thousands) Useful life in years 2023 2022 Property and equipment 3 - 5 $ 25,382 $ 23,075 Internal-use software 3 - 7 5,015 1,967 Furniture and fixtures 5 - 7 1,044 922 Building 39 324 320 Property and equipment, gross 31,765 26,284 Accumulated depreciation (20,446 ) (14,278 ) Property and equipment, net $ 11,319 $ 12,006 Depreciation expense was $6,256,000 and $5,697,000 in 2023 and 2022, respectively. These expenses are included in general and administrative expenses or, for assets associated with our processing data centers, are included in cost of services.
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	Intangible Assets
Marketable Securities, Policy [Policy Text Block]	Marketable Securities Management regularly reviews whether marketable securities are other-than-temporarily impaired. If any impairment is considered other-than-temporary, the Company writes down the investment to its then fair value and records the corresponding charge through investment income (loss) on its Consolidated Statement of Operations.
Investment, Policy [Policy Text Block]	Investments At December 31, 2023 and 2022, the aggregate value of investments was $4,062,000 and $5,180,000, respectively.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash, trade accounts and notes receivable. Our available cash is held in accounts managed by third-party financial institutions. Cash may exceed the Federal Deposit Insurance Corporation, or FDIC, insurance limits. While we monitor cash balances on a regular basis and adjust the balances as appropriate, these balances could be impacted if the underlying financial institutions fail. To date, we have experienced no loss or lack of access to our cash; however, we can provide no assurances that access to our cash will not be impacted by adverse conditions in the financial markets. A concentration of credit risk may exist with respect to trade receivables, as a substantial portion of our customers are concentrated in the financial services industry. We perform ongoing credit evaluations of customers worldwide and do not require collateral from our customers. Historically, we have not experienced significant losses related to receivables from individual customers or groups of customers in any particular industry or geographic area.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements GAAP establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable input be used when available. Observable inputs are based on data obtained from sources independent of the Company that market participants would use in pricing the asset or liability. Unobservable inputs are inputs that reflect the Company’s assumptions about the estimates market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is measured in three levels based on the reliability of inputs: • Level 1 - Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block discounts are not applied to Level 1 instruments. • Level 2 - Valuations based on quoted prices in less active, dealer or broker markets. Fair values are primarily obtained from third party pricing services for identical or comparable assets or liabilities. • Level 3 - Valuations derived from other valuation methodologies, including pricing models, discounted cash flow models and similar techniques, and not based on market, exchange, dealer, or broker-traded transactions. Level 3 valuations incorporate certain assumptions and projections that are not observable in the market and significant professional judgment is needed in determining the fair value assigned to such assets or liabilities. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of equity method investments has not been determined as it is impracticable to do so due to the fact that the investee companies are relatively small, early-stage private companies for which there is no comparable valuation data available without unreasonable time and expense. The following tables present the fair value hierarchy for assets and liabilities measured at fair value: December 31, 2023 (in thousands) Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 23,048 $ − $ − $ 23,048 Marketable securities Corporate, municipal debt and treasury securities 5,230 − − 5,230 Total assets $ 28,278 $ − $ − $ 28,278 December 31, 2022 Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 17,496 $ − $ − $ 17,496 Marketable securities Corporate, municipal debt and treasury securities 4,973 − − 4,973 Total assets $ 22,469 $ − $ − $ 22,469
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition Our software license arrangements generally fall into one of the following four categories: ● an initial contract with the customer to license certain software modules, to provide services to get the customer live on the software (such as training and customization) and to provide post contract support (“PCS”) for a specified period of time thereafter, ● purchase of additional licenses for new modules or for tier upgrades for a higher volume of licensed accounts, ● other optional standalone contracts, usually performed after the customer is live on the software, for services such as new interfaces or custom features requested by the customer, additional training and problem resolution not covered in annual maintenance contracts, or ● contracts for certain licensed software products that involve an initial fee plus recurring monthly fees during the contract life. At contract inception, we assess the products and services promised in our contracts with customers and identify a performance obligation for each promise to transfer to the customer a product or service (or bundle of products or services) that is distinct. A performance obligation is distinct if a product or service is separately identifiable from other items in the bundled package and if a customer can benefit from it on its own or with other resources that are readily available to the customer. To identify our performance obligations, we consider all of the products or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. We recognize revenue when or as we satisfy a performance obligation by transferring control of a product or service to a customer. Our revenue recognition policies for each of the situations described above are discussed below. Our software licenses generally have significant stand-alone functionality to the customer upon delivery and are considered to be functional intellectual property. Additionally, the purpose in granting these software licenses to a customer is typically to provide the customer a right to use our intellectual property. Our software licenses are generally considered distinct performance obligations, and revenue allocated to the software license is typically recognized at a point in time upon delivery of the license. Initial implementation fees do not meet the criteria for separate accounting because the software usually requires significant modification or customization that is essential to its functionality. We recognize revenue related to implementations over the life of the customer once the implementation is complete. We account for the PCS element contained in the initial contract based on relative standalone selling price, which is annual renewal fees for such services, and PCS is recognized ratably on a straight-line basis over the period specified in the contract as we generally satisfy these performance obligations evenly using a time-elapsed output method over the contract term given there is no discernible pattern of performance. Upon renewal of the PCS contract by the customer, we recognize revenues ratably on a straight-line basis over the period specified in the PCS contract. All of our software customers purchase software maintenance and support contracts and renew such contracts annually. Certain initial software contracts contain specified future service elements for scheduled completion following the implementation, and related recognition, of the initial license. In these instances, after the initial license recognition, where distinct future performance obligations are identified in the contract and we could reliably measure the completion of each identified performance obligation, we have recognized revenue at the time the individual performance obligation was completed. Purchases of additional licenses for tier upgrades or additional modules are generally recognized as license revenue in the period in which the purchase is made for perpetual licenses. Services provided under standalone contracts that are optional to the customer and are outside of the scope of the initial contract are single element services contracts. These standalone services contracts are not essential to the functionality of the software contained in the initial contract and generally do not include acceptance clauses or refund rights as may be included in the initial software contracts, as described above. Revenues from these services contracts, which are generally performed within a relatively short period of time, are recognized when the services are complete or in some cases as the services are provided. These revenues generally re-occur as contracts are renewed. Payment terms for professional services may be based on an upfront fixed fee with the remainder due upon completion or on a time and materials basis. For contracts for licensed software which include an initial fee plus recurring monthly fees for software usage, maintenance and support, we recognize the total fees ratably on a straight-line basis over the estimated life of the contract as services revenue. Revenues from processing services are typically volume- or activity-based depending on factors such as the number of accounts processed, number of accounts on the system, number of hours of services or computer resources used. For processing services which include an initial fee plus recurring monthly fees for services, we recognize the initial fees ratably on a straight-line basis over the estimated life of the contract as services revenue. The payment terms may include tiered pricing structures with the base tier representing a minimum monthly usage fee. For processing services revenues, we stand ready to provide continuous access to our processing platforms and perform an unspecified quantity of outsourced and transaction-processing services for a specified term or terms. Accordingly, processing services are generally viewed as a stand-ready performance obligation comprised of a series of distinct daily services. We typically satisfy our processing services performance obligations over time as the services are provided. Technology or service components from third parties are frequently embedded in or combined with our products or service offerings. We are often responsible for billing the client in these arrangements and transmitting the applicable fees to the third party. We determine whether we are responsible for providing the actual product or service as a principal, or for arranging for the solution or service to be provided by the third party as an agent. Judgment is applied to determine whether we are the principal or the agent by evaluating whether we have control of the product or service prior to it being transferred to the customer. The principal versus agent assessment is performed at the performance obligation level. Indicators that we consider in determining if we have control include whether we are primarily responsible for fulfilling the promise to provide the specified product or service to the customer, whether we have inventory risk and discretion in establishing the price the customer ultimately pays for the product or service. Depending upon the level of our contractual responsibilities and obligations for delivering solutions to end customers, we have arrangements where we are the principal and recognize the gross amount billed to the customer and other arrangements where we are the agent and recognize the net amount retained. Revenue is recorded net of applicable sales tax. Deferred Revenue
Cost of Goods and Service [Policy Text Block]	Cost of Revenue
Research, Development, and Computer Software, Policy [Policy Text Block]	Software Development Expense
Standard Product Warranty, Policy [Policy Text Block]	Warranty Costs
Legal Costs, Policy [Policy Text Block]	Legal Expense
Share-Based Payment Arrangement [Policy Text Block]	Stock Based Compensation Pursuant to the 2020 Non-employee Directors’ Stock Incentive Plan, there were 6,021 shares granted in the year ended December 31, 2023, and a total of 8,808 shares were granted in the year ended December 31, 2022. No The fair value of the grants are being amortized over the vesting period for the options. All of the Company’s stock-based compensation expense relates to stock options and stock grants. All stock options were vested and compensation cost recognized as of December 31, 2023.
Income Tax, Policy [Policy Text Block]	Income Taxes We record tax benefits for positions that we believe are more likely than not of being sustained under audit examinations. We assess the potential outcome of such examinations to determine the adequacy of our income tax accruals. We recognize interest and penalties accrued related to unrecognized tax benefits in the provision for income taxes on our Consolidated Statements of Operations. We adjust our income tax provision during the period in which we determine that the actual results of the examinations may differ from our estimates or when statutory terms expire. Changes in tax laws and rates are reflected in our income tax provision in the period in which they occur.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income (Loss)
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Not Yet Adopted In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures (Amendments to Topic 280). This standard was issued to improve the disclosures about reportable segments and address requests from investors for additional, more detailed information about a reportable segment’s expenses by requiring disclosure of incremental segment information on an annual and interim basis to enable investors to develop more decision-useful financial analyses. Topic 280 currently requires certain information about its reportable segments. The amendments in the ASU do not change or remove those disclosure requirements. The amendments in this ASU are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The adoption of the ASU is on a retrospective basis. We will adopt the updated accounting guidance in our Annual Report on Form 10-K for the year ended December 31, 2024. We are currently evaluating the impact the adoption of the new accounting guidance will have on our segment disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This standard was issued to enhance the transparency and decision usefulness of income tax disclosures to provide information to better assess how an entity’s operations and related tax risks and tax planning and operational opportunities affect its tax rate and prospects for future cash flows. The amendments in this ASU address transparency about income tax information through disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments in this ASU are effective for annual periods beginning after December 15, 2024. The ASU should be applied on a prospective basis. Retrospective application is permitted. We will adopt the updated accounting guidance in our Annual Report on Form 10-K for the year ended December 31, 2025. We are currently evaluating the impact the adoption of the new accounting guidance will have on our income tax disclosures. Recent Accounting Pronouncements Adopted In June 2016, the FASB issued ASU No. 2016-13, Measurement of Credit Losses on Financial Instruments, to require financial assets carried at amortized cost to be presented at the net amount expected to be collected based on historical experience, current conditions and forecasts. Subsequently, the FASB issued ASU No. 2018-19, Codification Improvements to Topic 326, to clarify that receivables arising from operating leases are within the scope of lease accounting standards. Further, the FASB issued ASU No. 2019-04, ASU No. 2019-05, ASU 2019-10 and ASU 2019-11 to provide additional guidance on the credit losses standard. The ASUs are effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. Adoption of the ASUs is on a modified retrospective basis. We adopted the ASUs on January 1, 2023, which did not have a material impact on our Consolidated Financial Statements. In March 2022, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2022-02 "Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" (ASU 2022-02), which eliminates the accounting guidance for troubled debt restructurings (TDRs) by creditors that have adopted ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" and enhances certain disclosure requirements. The ASU is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. Adoption of the ASUs is on a modified retrospective basis. We adopted the ASUs on January 1, 2023, which did not have a material impact on our Consolidated Financial Statements. We have considered all other recently issued accounting pronouncements and do not believe the adoption of such pronouncements will have a material impact on our Consolidated Financial Statements.

Note 1 - Organization and Sum_2

Note 1 - Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Property, Plant and Equipment [Table Text Block]	(in thousands) Useful life in years 2023 2022 Property and equipment 3 - 5 $ 25,382 $ 23,075 Internal-use software 3 - 7 5,015 1,967 Furniture and fixtures 5 - 7 1,044 922 Building 39 324 320 Property and equipment, gross 31,765 26,284 Accumulated depreciation (20,446 ) (14,278 ) Property and equipment, net $ 11,319 $ 12,006
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	December 31, 2023 (in thousands) Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 23,048 $ − $ − $ 23,048 Marketable securities Corporate, municipal debt and treasury securities 5,230 − − 5,230 Total assets $ 28,278 $ − $ − $ 28,278 December 31, 2022 Level 1 Level 2 Level 3 Total Fair Value Cash equivalents Money market accounts $ 17,496 $ − $ − $ 17,496 Marketable securities Corporate, municipal debt and treasury securities 4,973 − − 4,973 Total assets $ 22,469 $ − $ − $ 22,469

Note 2 - Revenue (Tables)

Note 2 - Revenue (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year ended December 31, (in thousands) 2023 2022 License $ 1,794 $ 16,077 Professional services 28,237 29,599 Processing and maintenance 22,439 18,953 Third party 3,534 5,136 Total $ 56,004 $ 69,765 Year ended December 31, (in thousands) 2023 2022 United States $ 53,915 $ 68,160 Europe 116 100 Middle East 1,973 1,505 Total $ 56,004 $ 69,765

Note 5 - Accounts Receivable _2

Note 5 - Accounts Receivable and Customer Concentrations (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Revenue Accounts Receivable 2023 2022 2023 2022 Customer A 67% 75% 57% 76% Customer B * * 12% *

Note 6 - Marketable Securities

Note 6 - Marketable Securities (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Marketable Securities [Table Text Block]	December 31, 2023 (in thousands) Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Marketable securities Corporate, municipal debt and treasury securities $ 5,113 $ 118 $ (1 ) $ 5,230
Investments Classified by Contractual Maturity Date [Table Text Block]	December 31, 2023 December 31, 2022 (in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 1,506 $ 1,556 $ 1,594 $ 1,602 Due after one year through three years 3,607 3,674 3,356 3,371 Total $ 5,113 $ 5,230 $ 4,950 $ 4,973

Note 7 - Income Taxes (Tables)

Note 7 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year ended December 31, (in thousands) 2023 2022 Current $ 2,675 $ 5,231 Deferred (1,573 ) (77 ) Total $ 1,102 $ 5,154
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year ended December 31, 2023 2022 Statutory rate 21 % 21 % State and local taxes, net of federal benefitRE: Gray Television, Inc. - 10K 4.7 4.7 State tax settlement 7.0 – Research and development credit (10.4 ) (1.5 ) Foreign tax credit (17.6 ) (1.3 ) GILTI income inclusion 22 3.9 Other (2.2 ) 0.3 Effective rate 24.5 % 27.1 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(in thousands) 2023 2022 Deferred tax (liabilities) assets: Unrealized loss on investments $ 1,045 $ 788 IRC section 174 costs 1,566 822 Fixed assets (1,111 ) (1,441 ) Other 118 (124 ) Total deferred tax asset 1,618 45 Less valuation allowance (517 ) (517 ) Net deferred tax asset (liability) $ 1,101 $ (472 )

Note 8 - Commitments and Cont_2

Note 8 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Lease, Cost [Table Text Block]	Year Ended December 31, 2023 2022 Right-of-use asset, net and lease liabilities (in thousands) $ 2,003 $ 3,373 Cash paid for operating lease liabilities (in thousands) $ 1,339 $ 1,323 Weighted average remaining lease term (years) 2.8 3.2 Weighted average discount rate 3.4 % 3.4 % Year Ended December 31, (in thousands) 2023 2022 Cost of revenue $ 744 $ 779 General and administrative 458 362 Development 137 182 Total $ 1,339 $ 1,323
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Operating Leases (In thousands) 2024 $ 1,022 2025 641 2026 528 2027 68 Total lease liabilities $ 2,259

Note 11 - Stock Compensation _2

Note 11 - Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block]	Stock Incentives Granted Stock Incentives Exercised Stock Incentives Expired Stock Incentives Cancelled 2023 2022 2023 2022 2023 2022 2023 2022 2003 Incentive Stock Plan 1 N/A N/A - - - - - - 2015 Incentive Stock Plan 2 - - - - - - - - Non-Employee Directors’ Stock Option Plan 3 N/A N/A - - - - - - 2011 Non-Employee Directors Stock Plan 4 N/A N/A - - - - - - 2020 Non-Employee Directors’ Stock Incentive Plan 5 6,021 8,808 N/A N/A N/A N/A N/A N/A 2022 Employee Stock Incentive Plan 6 - - - - - - - - Total of All Plans Fully Vested and Exercisable Not Vested Stock Incentives Granted 1,380,152 59,000 - Stock Incentives Exercised 1,014,820 N/A N/A Stock Incentives Cancelled 282,680 N/A N/A
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	2023 2022 Stock Options outstanding at January 1 59,000 59,000 Stock Options cancelled – – Stock Options exercised – – Stock Options granted – – Stock Options outstanding at December 31 59,000 59,000 Stock Options available for grant at December 31 926,348 932,369 Stock Options exercisable at December 31 59,000 59,000 Exercise price ranges per share: Granted N/A N/A Exercised N/A $1.52 - $1.72 Outstanding $3.50 - $39.11 $3.50 - $39.11 Weighted average exercise price per share: Granted – – Exercised – – Outstanding at December 31 17.35 17.35 Exercisable at December 31 17.35 17.35
Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]	Options Outstanding and Exercisable: Range of Number Wgt. Avg. Contractual (in years) Wgt. Avg. Aggregate $3.50 - $3.86 13,000 3.2 $ 3.75 $ 131,050 $7.80 8,000 4.4 $ 7.80 $ 48,240 $19.99 30,000 5.1 $ 19.99 $ – $39.11 8,000 5.4 $ 39.11 $ – $3.50 - $39.11 59,000 4.6 $ 17.35 $ 179,290

Note 14 - Earnings Per Share (T

Note 14 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year ended December 31, (in thousands, except per share data): 2023 2022 Numerator: Net Income $ 3,395 $ 13,881 Denominator: Weighted-average basic shares outstanding 8,458 8,574 Effect of dilutive securities 16 25 Weighted-average diluted shares 8,474 8,599 Basic earnings per share $ 0.40 $ 1.62 Diluted earnings per share $ 0.40 $ 1.61

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Investments		$ 4,062,000	$ 5,180,000
Share-Based Payment Arrangement, Expense		$ 150,000	$ 210,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		0	0
The 2020 Non-employee Director Stock Option Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period		6,021	8,808
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	[1],[2],[3]	6,021	8,808
General and Administrative Expense [Member]
Depreciation		$ 6,256,000	$ 5,697,000
Computer Software, Intangible Asset [Member]
Amortization of Intangible Assets		$ 0	0
Computer Software, Intangible Asset [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		3 years
Computer Software, Intangible Asset [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		7 years
Customer Relationships [Member]
Amortization of Intangible Assets		$ 133,000	133,000
Customer Relationships [Member] | Other Long-term Assets [Member]
Finite-Lived Intangible Assets, Net		$ 34,000	$ 167,000
[1]Indicates plans with stock grants.[2]Indicates plans with stock options.[3]The 2020 Non-Employee Directors’ Stock Incentive Plan (the “2020 Plan”) was approved by shareholders in August 2020, which replaces the 2011 Director Plan and authorizes the issuance of 200,000 shares of common stock to non-employee directors. We expect to grant each independent director $50,000 of stock on the date of each subsequent Annual Meeting.

Note 1 - Organization and Sum_4

Note 1 - Organization and Summary of Significant Accounting Policies - Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property and equipment, gross	$ 31,765	$ 26,284
Accumulated depreciation	(20,446)	(14,278)
Property and equipment, net	11,319	12,006
Property and Equipment [Member]
Property and equipment, gross	$ 25,382	23,075
Property and Equipment [Member] | Minimum [Member]
Useful life (Year)	3 years
Property and Equipment [Member] | Maximum [Member]
Useful life (Year)	5 years
Software and Software Development Costs [Member]
Property and equipment, gross	$ 5,015	1,967
Software and Software Development Costs [Member] | Minimum [Member]
Useful life (Year)	3 years
Software and Software Development Costs [Member] | Maximum [Member]
Useful life (Year)	7 years
Furniture and Fixtures [Member]
Property and equipment, gross	$ 1,044	922
Furniture and Fixtures [Member] | Minimum [Member]
Useful life (Year)	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Useful life (Year)	7 years
Building [Member]
Useful life (Year)	39 years
Property and equipment, gross	$ 324	$ 320

Note 1 - Organization and Sum_5

Note 1 - Organization and Summary of Significant Accounting Policies - Fair Value Hierarchy for Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Corporate, municipal debt and treasury securities	$ 5,230	$ 4,973
Total assets	28,278	22,469
Corporate Debt Securities [Member]
Corporate, municipal debt and treasury securities	5,230	4,973
Fair Value, Inputs, Level 1 [Member]
Corporate, municipal debt and treasury securities		4,973
Total assets	28,278	22,469
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Corporate, municipal debt and treasury securities	5,230
Money Market Funds [Member]
Money market accounts	23,048	17,496
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Money market accounts	$ 23,048	$ 17,496

Note 2 - Revenue - Disaggregati

Note 2 - Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue	$ 56,004	$ 69,765
UNITED STATES
Revenue	53,915	68,160
European Union [Member]
Revenue	116	100
Middle East [Member]
Revenue	1,973	1,505
License [Member]
Revenue	1,794	16,077
Professional Services [Member]
Revenue	28,237	29,599
Processing and Maintenance [Member]
Revenue	22,439	18,953
Third party [Member]
Revenue	$ 3,534	$ 5,136

Note 3 - Notes Receivable (Deta

Note 3 - Notes Receivable (Details Textual) - Privately-Held Identity and Professional Services Company With Ties to the FinTech Industry [Member] - USD ($)	1 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Feb. 28, 2021
Payments to Acquire Notes Receivable	$ 200,000	$ 450,000	$ 550,000
Notes Receivable, Stated Interest Rate	5.25%	5.25%	4.60%
Financing Receivable, after Allowance for Credit Loss, Current	$ 240,000
Financing Receivable, after Allowance for Credit Loss, Noncurrent	$ 364,000

Note 4 - Investments (Details T

Note 4 - Investments (Details Textual) - USD ($)		3 Months Ended						12 Months Ended
	Dec. 30, 2016	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Jun. 30, 2021	Mar. 31, 2020	Jun. 30, 2018	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2019
Equity Method Investments						$ 0
Payments to Acquire Equity Method Investments								$ 655,000
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount						$ 750,000	$ 250,000
Other Current Liabilities [Member]
Deposit Liability, Current		$ 1,005,000		$ 651,000				$ 1,005,000	$ 651,000
Privately-Held Identity and Professional Services Company With Ties to the FinTech Industry [Member]
Equity Method Investment, Ownership Percentage											40%
Asset Impairment Charges				1,450,000
Equity Method Investments				0					0
Investments, Unfunded Commitments	$ 1,000,000
Transfer Advisory Business to New Entity [Member]
Equity Method Investment, Ownership Percentage		26.50%						26.50%		28%
Equity Method Investments		$ 3,907,000		$ 4,180,000				$ 3,907,000	4,180,000
Financing Receivable, after Allowance for Credit Loss										$ 2,806,000
Cash										$ 800,000
Sale of Stock, Consideration Received on Transaction		2,700,000
Payments to Acquire Equity Method Investments		500,000
Gain (Loss) on Investments, Total								(773,000)	$ 275,000
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity		2,800,000						2,800,000
Privately Held Company Providing Supply Chain and Receivables Financing [Member]
Asset Impairment Charges			$ 1,000,000
Equity Method Investments		$ 0						$ 0
Payments to Acquire Investments, Total					$ 1,000,000

Note 5 - Accounts Receivable _3

Note 5 - Accounts Receivable and Customer Concentrations (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, Allowance for Credit Loss, Current	$ 200,000	$ 0
Allowance for Loan and Lease Losses, Write-offs	$ 0	$ 0

Note 5 - Accounts Receivable _4

Note 5 - Accounts Receivable and Customer Concentrations - Concentration of Revenue (Details) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue Benchmark [Member] | Customer A [Member]
Concentration risk	67%	75%
Accounts Receivable [Member] | Customer A [Member]
Concentration risk	57%	76%
Accounts Receivable [Member] | Customer B [Member]
Concentration risk	12%

Note 6 - Marketable Securitie_2

Note 6 - Marketable Securities (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	1
Other-than-temporary Impairment Loss, Debt Securities, Available-for-Sale	$ 0	$ 0

Note 6 - Marketable Securitie_3

Note 6 - Marketable Securities - Marketable Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale, Amortized Cost	$ 5,113	$ 4,950
Debt Securities, Available-for-Sale, Gross Unrealized Gains	118
Debt Securities, Available-for-Sale, Gross Unrealized Losses	(1)
Debt Securities, Available-for-Sale	$ 5,230	$ 4,973

Note 6 - Marketable Securitie_4

Note 6 - Marketable Securities - Maturity of Marketable Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Due within one year, amortized cost	$ 1,506	$ 1,594
Due within one year, fair value	1,556	1,602
Due after one year through three years, amortized cost	3,607	3,356
Due after one year through three years, fair value	3,674	3,371
Amortized cost	5,113	4,950
Debt Securities, Available-for-Sale	$ 5,230	$ 4,973

Note 7 - Income Taxes (Details

Note 7 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets, Net	$ 1,101
Deferred Income Tax Liabilities, Net		$ 472
Deferred Tax Assets, Valuation Allowance	517	517
Unrecognized Tax Benefits, Ending Balance	0	0
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	0	0
Unrecognized Tax Benefits, Interest on Income Taxes Expense	$ 0	$ 0

Note 7 - Income Taxes - Income

Note 7 - Income Taxes - Income Tax Provision from Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Current	$ 2,675	$ 5,231
Deferred	(1,573)	(77)
Total	$ 1,102	$ 5,154

Note 7 - Income Taxes - Reconci

Note 7 - Income Taxes - Reconciliation of Income Taxes Rates (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Statutory rate	21%	21%
State and local taxes, net of federal benefitRE: Gray Television, Inc. - 10K	4.70%	4.70%
State tax settlement	7%
Research and development credit	(10.40%)	(1.50%)
Foreign tax credit	(17.60%)	(1.30%)
GILTI income inclusion	22%	3.90%
Other	(2.20%)	0.30%
Effective rate	24.50%	27.10%

Note 6 - Income Taxes - Net Def

Note 6 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Unrealized loss on investments	$ 1,045	$ 788
IRC section 174 costs	1,566	822
Fixed assets	(1,111)	(1,441)
Other	118
Other		(124)
Total deferred tax asset	1,618	45
Less valuation allowance	(517)	(517)
Net deferred tax liability	$ 1,101
Net deferred tax liability		$ (472)

Note 8 - Commitments and Cont_3

Note 8 - Commitments and Contingencies - Supplemental Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Right-of-use asset, net and lease liabilities (in thousands)	$ 2,003	$ 3,373
Operating lease expense	1,339	1,323
Cash paid for operating lease liabilities (in thousands)	$ 1,339	$ 1,323
Weighted average remaining lease term (years) (Year)	2 years 9 months 18 days	3 years 2 months 12 days
Weighted average discount rate	3.40%	3.40%
Cost of Sales [Member]
Operating lease expense	$ 744	$ 779
General and Administrative Expense [Member]
Operating lease expense	458	362
Research and Development Expense [Member]
Operating lease expense	$ 137	$ 182

Note 8 - Commitments and Cont_4

Note 8 - Commitments and Contingencies - Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2023 USD ($)
2024	$ 1,022
2025	641
2026	528
2027	68
Total lease liabilities	$ 2,259

Note 9 - Defined Contribution_2

Note 9 - Defined Contribution Plans (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 79,000	$ 67,000

Note 10 - Related Party Trans_2

Note 10 - Related Party Transaction (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating Lease, Expense	$ 1,339,000	$ 1,323,000
ISC Properties LLC [Member]
Related Party Ownership Percentage	100%
Operating Lease, Expense	$ 357,000	$ 333,000

Note 11 - Stock Compensation _3

Note 11 - Stock Compensation Plans (Details Textual) - USD ($)

1 Months Ended

5 Months Ended

12 Months Ended

Feb. 29, 2024

Mar. 31, 2023

Aug. 30, 2000

Dec. 31, 2020

Dec. 31, 2023

Dec. 31, 2022

May 31, 2022

Aug. 31, 2020

Jun. 30, 2015

Dec. 31, 2013

Mar. 31, 2013

Aug. 31, 2000

Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total

$ 0

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)

0

0

The 2003 Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized

450,000

Sharebased Compensation Arrangement By Sharebased Payment Award Number Of Options Ungranted

197,500

2003 Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period

3 years

The 2015 Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized

750,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)

[1],[2]

0

0

The Directors Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized

200,000

Sharebased Compensation Arrangement By Sharebased Payment Award Number Of Options Ungranted

60,000

Number Of Options Each Director Received At Each Annual Meeting

4,000

Options Vesting Percentage On First And Second Anniversary

50%

The Directors Plan [Member] | Director [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)

5,000

The 2011 Non-employee Director Stock Option Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized

200,000

Three Independent Members of the Board of Directors [Member]

Share-Based Compensation Arrangement, Stock to be Granted Per Recipient, Value

$ 50,000

The 2022 Stock Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized

750,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)

[1],[3],[4]

0

0

Share-Based Payment Arrangement, Option [Member] | Minimum [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period

2 years

Share-Based Payment Arrangement, Option [Member] | Maximum [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period

3 years

Restricted Stock [Member] | Subsequent Event [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period

288,803

Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grant Date Fair Value

$ 3,600,000

[1]Indicates plans with stock options.[2]The 2015 Incentive Stock Plan (the “2015 Plan”) was approved by shareholders in June 2015, which authorizes the issuance of up to 750,000 options to purchase shares of common stock to employees and key consultants and advisors.[3]In May 2022, shareholders approved the 2022 Employee Stock Incentive Plan (the “2022 Plan”), which replaces the 2015 Plan and authorizes the issuance of 750,000 shares of common stock to employees. No shares have been granted under the plan as of December 31, 2023.[4]Indicates plans with stock grants.

Note 11 - Stock Compensation _4

Note 11 - Stock Compensation Plans - Summary of Stock Options (Details) - shares		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Options granted (in shares)		0	0
Options, vested and exercisable (in shares)		59,000
Options, non-vested (in shares)		0
All Plans [Member]
Options granted (in shares)		1,380,152
Options exercised (in shares)		1,014,820
Options cancelled (in shares)		282,680
The 2003 Plan [Member]
Options exercised (in shares)	[1],[2]	0	0
Options expired (in shares)	[1],[2]	0	0
Options cancelled (in shares)	[1],[2]	0	0
The 2015 Plan [Member]
Options granted (in shares)	[1],[3]	0	0
Options exercised (in shares)	[1],[3]	0	0
Options expired (in shares)	[1],[3]	0	0
Options cancelled (in shares)	[1],[3]	0	0
The Directors Plan [Member]
Options exercised (in shares)	[1],[4]	0	0
Options expired (in shares)	[1],[4]	0	0
Options cancelled (in shares)	[1],[4]	0	0
The 2011 Non-employee Director Stock Option Plan [Member]
Options exercised (in shares)	[1],[5]	0	0
Options expired (in shares)	[1],[5]	0	0
Options cancelled (in shares)	[1],[5]	0	0
The 2020 Non-employee Director Stock Option Plan [Member]
Options granted (in shares)	[1],[6],[7]	6,021	8,808
The 2022 Stock Plan [Member]
Options granted (in shares)	[1],[6],[8]	0	0
Options exercised (in shares)	[1],[6],[8]	0	0
Options expired (in shares)	[1],[6],[8]	0	0
Options cancelled (in shares)	[1],[6],[8]	0	0
[1]Indicates plans with stock options.[2]The 2003 Stock Incentive Plan (the “2003 Plan”) was instituted in March 2003. The 2003 Plan authorized the issuance of up to 450,000 options to purchase shares of common stock to officers and key employees, with vesting of such options occurring equally over a 3-year time period.  In 2013, the 2003 Plan expired with 197,500 options ungranted.[3]The 2015 Incentive Stock Plan (the “2015 Plan”) was approved by shareholders in June 2015, which authorizes the issuance of up to 750,000 options to purchase shares of common stock to employees and key consultants and advisors.[4]The Non-Employee Directors’ Stock Option Plan (the “Directors Plan”) was instituted in August 2000 that authorized the issuance of up to 200,000 options to purchase shares of common stock to non-employee directors. Upon adoption of the Directors Plan, each non-employee director was granted an option to acquire 5,000 shares. At each Annual Meeting, each director received a grant of 4,000 options, which vest in 50% increments on the first and second anniversary. The Directors Plan expired in 2011, with 60,000 options ungranted.[5]The 2011 Non-Employee Directors Stock Plan (the “2011 Directors Plan”) was approved by shareholders in May 2011 with essentially the same terms and conditions as the Directors Plan.[6]Indicates plans with stock grants.[7]The 2020 Non-Employee Directors’ Stock Incentive Plan (the “2020 Plan”) was approved by shareholders in August 2020, which replaces the 2011 Director Plan and authorizes the issuance of 200,000 shares of common stock to non-employee directors. We expect to grant each independent director $50,000 of stock on the date of each subsequent Annual Meeting.[8]In May 2022, shareholders approved the 2022 Employee Stock Incentive Plan (the “2022 Plan”), which replaces the 2015 Plan and authorizes the issuance of 750,000 shares of common stock to employees. No shares have been granted under the plan as of December 31, 2023.

Note 11 - Stock Compensation _5

Note 11 - Stock Compensation Plans - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2023
Options outstanding, beginning of year (in shares)	59,000
Options outstanding, end of year (in shares)	59,000
Options available for grant (in shares)	932,369	926,348
Options exercisable (in shares)	59,000	59,000
Outstanding, exercise price range (in dollars per share)	$ 17.35	$ 17.35
Exercisable, weighted average exercise price (in dollars per share)	17.35	17.35
Minimum [Member]
Exercised, exercise price range (in dollars per share)	1.52
Outstanding, exercise price range (in dollars per share)	3.5	3.5
Maximum [Member]
Exercised, exercise price range (in dollars per share)	1.72
Outstanding, exercise price range (in dollars per share)	$ 39.11	$ 39.11

Note 10 - Stock-based Compensat

Note 10 - Stock-based Compensation Plans - Stock Options Outstanding and Exercisable (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lower Range of Exercise Price (in dollars per share)	$ 3.5
Upper Range of Exercise Price (in dollars per share)	$ 39.11
Number Outstanding (in shares)	59,000	59,000	59,000
Outstanding Weighted Average Contractual Life Remaining (Year)	4 years 7 months 6 days
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 17.35
Outstanding Aggregate Intrinsic Value	$ 179,290
Options Outstanding Exercise Price Range1 [Member]
Lower Range of Exercise Price (in dollars per share)	$ 3.5
Upper Range of Exercise Price (in dollars per share)	$ 3.86
Number Outstanding (in shares)	13,000
Outstanding Weighted Average Contractual Life Remaining (Year)	3 years 2 months 12 days
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 3.75
Outstanding Aggregate Intrinsic Value	$ 131,050
Options Outstanding Exercise Price Range2 [Member]
Lower Range of Exercise Price (in dollars per share)	$ 7.8
Number Outstanding (in shares)	8,000
Outstanding Weighted Average Contractual Life Remaining (Year)	4 years 4 months 24 days
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 7.8
Outstanding Aggregate Intrinsic Value	$ 48,240
Options Outstanding Exercise Price Range 3 [Member]
Lower Range of Exercise Price (in dollars per share)	$ 19.99
Number Outstanding (in shares)	30,000
Outstanding Weighted Average Contractual Life Remaining (Year)	5 years 1 month 6 days
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 19.99
Options Outstanding Exercise Price Range 4 [Member]
Lower Range of Exercise Price (in dollars per share)	$ 39.11
Number Outstanding (in shares)	8,000
Outstanding Weighted Average Contractual Life Remaining (Year)	5 years 4 months 24 days
Outstanding Weighted Average Exercise Price (in dollars per share)	$ 39.11

Note 12 - Foreign Operations (D

Note 12 - Foreign Operations (Details Textual) - Foreign [Member] - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets, Noncurrent	$ 7,301,000	$ 5,594,000
Liabilities	$ 1,838,000	$ 1,881,000

Note 13 - Industry Segments (De

Note 13 - Industry Segments (Details Textual)	12 Months Ended
	Dec. 31, 2023
Number of Operating Segments	1

Note 14 - Earnings Per Share (D

Note 14 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements	16,000	25,000

Note 14 - Earnings Per Share -

Note 14 - Earnings Per Share - Reconciliation of Basic and Diluted Income Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net Income	$ 3,395	$ 13,881
Weighted-average basic shares outstanding (in shares)	8,457,714	8,574,019
Effect of dilutive securities (in shares)	16,000	25,000
Weighted-average diluted shares (in shares)	8,474,123	8,598,546
Basic earnings per share (in dollars per share)	$ 0.4	$ 1.62
Diluted earnings per share (in dollars per share)	$ 0.4	$ 1.61