National Research (NRC) 10-Q 5 Aug 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 22, 2022
Document Information [Line Items]
Entity Central Index Key	0000070487
Entity Registrant Name	National Research Corporation
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-35929
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-0634000
Entity Address, Address Line One	1245 Q Street
Entity Address, City or Town	Lincoln
Entity Address, State or Province	NE
Entity Address, Postal Zip Code	68508
City Area Code	402
Local Phone Number	475-2525
Title of 12(b) Security	Common Stock, $.001 par value
Trading Symbol	NRC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		24,767,118

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 32,974	$ 54,361
Trade accounts receivable, less allowance for doubtful accounts of $65 and $94, respectively	13,112	13,728
Prepaid expenses	4,107	3,884
Income taxes receivable	389	752
Other current assets	1,198	982
Total current assets	51,780	73,707
Net property and equipment	13,602	12,391
Intangible assets, net	1,696	1,790
Goodwill, net	61,614	61,614
Deferred contract costs, net	3,167	3,772
Deferred income taxes	18	14
Operating lease right-of-use assets	787	975
Other	3,569	3,277
Total assets	136,233	157,540
Current liabilities:
Current portion of notes payable	4,390	4,278
Accounts payable	1,658	1,943
Accrued wages and bonuses	6,914	7,139
Accrued expenses	3,315	5,450
Dividends payable	5,944	3,044
Income taxes payable	558
Deferred revenue	15,496	17,213
Other current liabilities	1,312	1,321
Total current liabilities	39,587	40,388
Notes payable, net of current portion and unamortized debt issuance costs	20,044	22,269
Deferred income taxes	5,727	7,002
Other long-term liabilities	2,251	2,544
Total liabilities	67,609	72,203
Shareholders’ equity:
Preferred stock, $0.01 par value, authorized 2,000,000 shares, none issued	0	0
Common stock, $0.001 par value; authorized 110,000,000 shares, issued 30,898,600 in 2022 and 2021, outstanding 24,767,118 in 2022 and 25,361,409 in 2021	31	31
Additional paid-in capital	174,561	173,942
Retained earnings (accumulated deficit)	(31,242)	(36,112)
Accumulated other comprehensive loss, foreign currency translation adjustment	(2,423)	(2,375)
Treasury stock, at cost; 6,131,482 and 5,537,191 Common shares in 2022 and 2021, respectively	(72,303)	(50,149)
Total shareholders’ equity	68,624	85,337
Total liabilities and shareholders’ equity	$ 136,233	$ 157,540

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Allowance for doubtful accounts	$ 65	$ 94
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	110,000,000	110,000,000
Common stock, shares issued (in shares)	30,898,600	30,898,600
Common stock, shares outstanding (in shares)	24,767,118	25,361,409
Treasury stock, shares (in shares)	6,131,482	5,537,191

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue	$ 37,292	$ 36,425	$ 75,734	$ 71,889
Operating expenses:
Direct	13,758	12,536	28,537	24,476
Selling, general and administrative	10,748	10,016	21,397	19,536
Depreciation, amortization and impairment	1,290	1,634	2,606	3,618
Total operating expenses	25,796	24,186	52,540	47,630
Operating income	11,496	12,239	23,194	24,259
Other income (expense):
Interest income	14	3	19	6
Interest expense	(318)	(423)	(635)	(855)
Other, net	(128)	75	(81)	96
Total other income (expense)	(432)	(345)	(697)	(753)
Income before income taxes	11,064	11,894	22,497	23,506
Provision for income taxes	2,742	2,950	5,636	5,330
Net income	$ 8,322	$ 8,944	$ 16,861	$ 18,176
Earnings Per Share of Common Stock:
Basic Earnings Per Share (in dollars per share)	$ 0.33	$ 0.35	$ 0.67	$ 0.71
Diluted Earnings Per Share (in dollars per share)	$ 0.33	$ 0.35	$ 0.67	$ 0.71
Weighted average shares and share equivalents outstanding:
Basic (in shares)	25,083	25,426	25,166	25,420
Diluted (in shares)	25,211	25,645	25,300	25,656

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 8,322	$ 8,944	$ 16,861	$ 18,176
Other comprehensive income (loss):
Foreign currency translation adjustment	(99)	74	(48)	130
Other comprehensive income (loss)	(99)	74	(48)	130
Comprehensive Income	$ 8,223	$ 9,018	$ 16,813	$ 18,306

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balances at Dec. 31, 2020	$ 31	$ 171,785	$ (61,375)	$ (2,399)	$ (43,727)	$ 64,315
Purchase of shares treasury stock					(1,210)	(1,210)
Non-cash stock compensation expense		(54)				(54)
Other comprehensive income (loss), foreign currency translation adjustment				56		56
Net income			9,232			9,232
Issuance of common shares for the exercise of stock options		911				911
Balances at Mar. 31, 2021	31	172,642	(52,143)	(2,343)	(44,937)	73,250
Balances at Dec. 31, 2020	31	171,785	(61,375)	(2,399)	(43,727)	64,315
Other comprehensive income (loss), foreign currency translation adjustment						130
Net income						18,176
Balances at Jun. 30, 2021	31	172,844	(49,304)	(2,269)	(44,937)	76,365
Balances at Mar. 31, 2021	31	172,642	(52,143)	(2,343)	(44,937)	73,250
Non-cash stock compensation expense		202				202
Dividends declared			(6,105)			(6,105)
Other comprehensive income (loss), foreign currency translation adjustment				74		74
Net income			8,944			8,944
Balances at Jun. 30, 2021	31	172,844	(49,304)	(2,269)	(44,937)	76,365
Balances at Dec. 31, 2021	31	173,942	(36,112)	(2,375)	(50,149)	85,337
Purchase of shares treasury stock					(6,679)	(6,679)
Non-cash stock compensation expense		285				285
Dividends declared			(6,047)			(6,047)
Other comprehensive income (loss), foreign currency translation adjustment				51		51
Net income			8,539			8,539
Balances at Mar. 31, 2022	31	174,227	(33,620)	(2,324)	(56,828)	81,486
Balances at Dec. 31, 2021	31	173,942	(36,112)	(2,375)	(50,149)	85,337
Other comprehensive income (loss), foreign currency translation adjustment						(48)
Net income						16,861
Balances at Jun. 30, 2022	31	174,561	(31,242)	(2,423)	(72,303)	68,624
Balances at Mar. 31, 2022	31	174,227	(33,620)	(2,324)	(56,828)	81,486
Purchase of shares treasury stock					(15,475)	(15,475)
Non-cash stock compensation expense		334				334
Dividends declared			(5,944)			(5,944)
Other comprehensive income (loss), foreign currency translation adjustment				(99)		(99)
Net income			8,322			8,322
Balances at Jun. 30, 2022	$ 31	$ 174,561	$ (31,242)	$ (2,423)	$ (72,303)	$ 68,624

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Purchase of shares of treasury stock (in shares)	427,329	166,962		26,932
Dividends declared per common share (in dollars per share)	$ 0.24	$ 0.24	$ 0.24
Shares of common stock for the exercise of stock options (in shares)				68,284

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 16,861,000	$ 18,176,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and impairment	2,606,000	3,618,000
Deferred income taxes	(1,279,000)	140,000
Reserve for uncertain tax positions	205,000	156,000
Non-cash share-based compensation expense	619,000	149,000
Loss on disposal of property and equipment	0	1,000
Net changes in assets and liabilities:
Trade accounts receivable	614,000	(40,000)
Prepaid expenses and other current assets	(731,000)	(449,000)
Deferred contract costs, net	605,000	(87,000)
Operating lease assets and liabilities, net	(13,000)	61,000
Accounts payable	139,000	(717,000)
Accrued expenses, wages and bonuses	(718,000)	1,967,000
Income taxes receivable and payable	918,000	1,597,000
Deferred revenue	(1,715,000)	994,000
Net cash provided by operating activities	18,111,000	25,566,000
Cash flows from investing activities:
Purchases of property and equipment	(3,886,000)	(2,805,000)
Acquisition consideration		(3,000,000)
Net cash used in investing activities	(3,886,000)	(5,805,000)
Cash flows from financing activities:
Payments on notes payable	(2,127,000)	(2,023,000)
Payments on finance lease obligations	(242,000)	(246,000)
Proceeds from the exercise of share-based awards		162,000
Payment of employee payroll tax withholdings on share-based awards exercised		(460,000)
Repurchase of shares for treasury	(22,154,000)
Payments of deferred acquisition consideration	(1,950,000)
Payment of dividends on common stock	(9,091,000)	(3,053,000)
Net cash used in financing activities	(35,564,000)	(5,620,000)
Effect of exchange rate changes on cash and cash equivalents	(48,000)	68,000
Change in cash and cash equivalents	(21,387,000)	14,209,000
Cash and cash equivalents at beginning of period	54,361,000	34,690,000
Cash and cash equivalents at end of period	32,974,000	48,899,000
Supplemental disclosure of cash paid for:
Interest expense, net of capitalized amounts	697,000	801,000
Income taxes	$ 5,790,000	3,432,000
Supplemental disclosure of non-cash investing and financing activities:
Stock tendered to the Company for cashless exercise of stock options in connection with equity incentive plans		749,000
Deferred acquisition consideration		$ 1,950,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of business and basis of presentation National Research Corporation, doing business as NRC Health (“NRC Health,” the “Company,” “we,” “our,” “us” or similar terms), is a leading provider of analytics and insights that facilitate measurement and improvement of the patient and employee experience while also increasing patient engagement and customer loyalty for healthcare organizations in the United States and Canada. Our purpose is to enable human understanding. Our solutions enable health care organizations to understand what matters most to each person they serve. Our portfolio of solutions represents a unique set of capabilities that individually and collectively provide value to our clients. Our condensed consolidated balance sheet at December 31, 2021 Information and footnote disclosures included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto that are included in our Form 10 December 31, 2021, March 4, 2022. The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The consolidated financial statements include the accounts of the Company and our wholly-owned subsidiary, National Research Corporation Canada. All significant intercompany transactions and balances have been eliminated. Our Canadian subsidiary uses Canadian dollars as its functional currency. It translates its assets and liabilities into U.S. dollars at the exchange rate in effect at the balance sheet date. It translates its revenue and expenses at the average exchange rate during the period. We include translation gains and losses in accumulated other comprehensive income (loss), a component of shareholders’ equity. Gains and losses related to transactions denominated in a currency other than the functional currency of the country in which we operate and short-term intercompany accounts are included in other income (expense) in the consolidated statements of income. Revenue Recognition We derive a majority of our revenues from our annually renewable subscription-based service agreements with our customers, which include performance measurement and improvement services, healthcare analytics and governance education services. Such agreements are generally cancelable on short or no 3 ● Identify the contract, or contracts, with a customer; ● Identify the performance obligations in the contract; ● Determine the transaction price; ● Allocate the transaction price to the identified performance obligations; and ● Recognize revenue when, or as, we satisfy the performance obligations. Our revenue arrangements with a client may one may one one not not Our arrangements with customers consist principally of four 1 2 one 3 4 Subscription-based services - Services that are provided under subscription-based service agreements are usually for a twelve may One-time services – These agreements typically require us to perform a specific one Fixed, non-subscription services – These arrangements typically require us to perform an unspecified amount of services for a fixed price during a fixed period of time. Revenues are recognized over time based upon the costs incurred to date in relation to the total estimated contract costs. In determining cost estimates, management uses historical and forecasted cost information which is based on estimated volumes, external and internal costs and other factors necessary in estimating the total costs over the term of the contract. Changes in estimates are accounted for using a cumulative catch-up adjustment which could impact the amount and timing of revenue for any period. Unit-price services – These arrangements typically require us to perform certain services on a periodic basis as requested by the customer for a per-unit amount which is typically billed in the month following the performance of the service. Revenue under these arrangements is recognized over the time the services are performed at the per-unit amount. Revenue is presented net of any sales tax charged to our clients that we are required to remit to taxing authorities. We recognize contract assets or unbilled receivables related to revenue recognized for services completed but not Deferred Contract Costs Deferred contract costs, net is stated at gross deferred costs less accumulated amortization. We defer commissions and incentives, including payroll taxes, if they are incremental and recoverable costs of obtaining a renewable customer contract. Deferred contract costs are amortized over the estimated term of the contract, including renewals, which generally ranges from three five one three June 30, 2022 2021, six June 30, 2022 2021, June 30, 2022 December 31, 2021, three six June 30, 2022 2021 Three months ended 2022 Three months ended 2021 Six months ended 2022 Six months ended 2021 (In thousands) Direct Expenses $ 35 $ 41 $ 71 $ 73 Selling, general and administrative expenses 404 740 875 1,363 Total amortization $ 439 $ 781 $ 946 $ 1,436 Additional expense included in selling, general and administrative expenses for impairment of costs capitalized due to lost clients was $400 and $15,000 for the three June 30, 2022 2021, six June 30, 2022 2021, Trade Accounts Receivable Trade accounts receivable are recorded at the invoiced amount. The allowance for doubtful accounts is our best estimate of the amount of probable credit losses in our existing accounts receivable, determined based on our historical write-off experience, current economic conditions and reasonable and supportable forecasts about the future. We review the allowance for doubtful accounts monthly. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The following table provides the activity in the allowance for doubtful accounts for the six June 30, 2022 2021 Balance at Beginning of Period Bad Debt Expense (Benefit) Write-offs Recoveries Balance at End of Period Six months ended June 30, 2022 $ 94 $ (10 ) $ 22 $ 3 $ 65 Six months ended June 30, 2021 $ 120 $ 25 $ 47 $ 9 $ 107 Leases We determine whether a lease is included in an agreement at inception. We recognize a lease liability and a right-of-use (“ROU”) asset on the balance sheet for our operating leases under which we are lessee. Operating lease ROU assets are included in operating lease right-of-use assets in our consolidated balance sheet. Finance lease assets are included in property and equipment. Operating and finance lease liabilities are included in other current liabilities and other long-term liabilities. Certain lease arrangements may not ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments during the lease term. ROU assets and lease liabilities are recorded at lease commencement based on the estimated present value of lease payments. Because the rate of interest implicit in each lease is not We elected the practical expedient to account for lease and non-lease components as a single lease component for all asset classifications. We have also made a policy election to not 12 Due to remote working arrangements, we reassessed our office needs and subleased our Seattle location under an agreement considered to be an operating lease beginning in May 2021. not six June 30, 2021 no six June 30, 2022. Fair Value Measurements Our valuation techniques are based on maximizing observable inputs and minimizing the use of unobservable inputs when measuring fair value. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect our market assumptions. The inputs are then classified into the following hierarchy: ( 1 1 2 2 1 not 3 3 The following details our financial assets within the fair value hierarchy at June 30, 2022 December 31, 2021: Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2022 Money Market Funds $ 2,507 $ - $ - $ 2,507 Total Cash Equivalents $ 2,507 $ - $ - $ 2,507 As of December 31, 2021 Money Market Funds $ 6,306 $ - $ - $ 6,306 Total Cash Equivalents $ 6,306 $ - $ - $ 6,306 There were no six June 30, 2022. Our long-term debt described in Note 5 2 June 30, 2022 December 31, 2021 (In thousands) Total carrying amount of long-term debt $ 24,493 $ 26,620 Estimated fair value of long-term debt $ 24,364 $ 27,708 The carrying amounts of accounts receivable, accounts payable, and accrued expenses approximate their fair value. All non-financial assets that are not 3 2021. June 30, 2022 December 31, 2021, no Annually, we consider whether the recorded goodwill and indefinite lived intangibles have been impaired. However, goodwill and intangibles must be tested between annual tests if an event occurs or circumstances change to indicate that it is more likely than not Commitments and Contingencies not June 30, 2022 Recent Accounting Pronouncements Not In March 2020, No. 2020 04, 848 March 12, 2020 December 31, 2022. 2022

Note 2 - Acquisition

Note 2 - Acquisition	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Business Combination Disclosure [Text Block]	( 2 ACQUISITION On January 4, 2021, January 2022. The financial results associated with the PatientWisdom assets we acquired and liabilities we assumed are included in our consolidated financial statements from the date of acquisition, although the amounts are insignificant for the three six June 30, 2022 2021.

Note 3 - Contracts With Custome

Note 3 - Contracts With Customers	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	( 3 CONTRACTS WITH CUSTOMERS The following table disaggregates revenue for the three six June 30, 2022 2021 Three months ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Subscription services recognized ratably over time $ 35,480 $ 34,215 $ 70,930 $ 67,269 Services recognized at a point in time 735 563 1,916 886 Fixed, non-subscription recognized over time 605 547 1,191 1,126 Unit price services recognized over time 472 1,100 1,697 2,608 Total revenue $ 37,292 $ 36,425 $ 75,734 $ 71,889 The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers (In thousands): June 30, 2022 December 31, 2021 Accounts receivables $ 13,112 $ 13,728 Contract assets included in other current assets $ 64 $ 99 Deferred Revenue $ (15,496 ) $ (17,213 ) Significant changes in contract assets and contract liabilities during the six June 30, 2022 2021 2022 2021 Contract Asset Deferred Revenue Contract Asset Deferred Revenue Increase (Decrease) Revenue recognized that was included in deferred revenue at beginning of year due to completion of services $ - $ (12,962 ) $ - $ (11,605 ) Increases due to invoicing of client, net of amounts recognized as revenue - 11,182 - 12,318 Increases due to acquisition - - - - Decreases due to completion of services (or portion of services) and transferred to accounts receivable (81 ) - (170 ) - Increases due to acquisition - - - 239 Change due to cumulative catch-up adjustments arising from changes in expected contract consideration - 63 - 311 Increases due to revenue recognized in the period with additional performance obligations before invoicing 45 - 9 - We have elected to apply the practical expedient to not one one June 30, 2022 2022, 2023, 2024 2025,

Note 4 - Income Taxes

Note 4 - Income Taxes	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 4 INCOME TAXES The effective tax rate for the three June 30, 2022 2021 six June 30, 2022 2021 six June 30, 2022. In March 27, 2020, 2020. December 2021 December 2022. no

Note 5 - Notes Payable

Note 5 - Notes Payable	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	( 5 NOTES PAYABLE Our long-term debt consists of the following: June 30, 2022 December 31, 2021 (In thousands) Term Loans $ 24,493 $ 26,620 Less: current portion (4,390 ) (4,278 ) Less: unamortized debt issuance costs (59 ) (73 ) Notes payable, net of current portion $ 20,044 $ 22,269 Our amended and restated credit agreement (the “Credit Agreement”) with First National Bank of Omaha (“FNB”) includes (i) a $30,000,000 revolving credit facility (the “Line of Credit”), (ii) a $33,002,069 term loan (the “Term Loan”) and (iii) a $15,000,000 delayed draw-dawn term facility (the “Delayed Draw Term Loan” and, together with the Line of Credit and the Term Loan, the “Credit Facilities”). The Delayed Draw Term Loan may The Term Loan is payable in monthly installments of $462,988 through May 2025, May 2025. Borrowings under the Line of Credit and the Delayed Draw Term Loan, if any, bear interest at a floating rate equal to the 30 June 30, 2022). May 2023. June 30, 2022, December 31, 2021, not no six June 30, 2022. no We are obligated to pay ongoing unused commitment fees quarterly in arrears pursuant to the Line of Credit and the Delayed Draw Term Loan facility at a rate of 0.20% per annum based on the actual daily unused portions of the Line of Credit and the Delayed Draw Term Loan facility, respectively. The Credit Agreement is collateralized by substantially all of our assets, subject to permitted liens and other agreed exceptions, and contains customary representations, warranties, affirmative and negative covenants (including financial covenants) and events of default. The negative covenants include, among other things, restrictions regarding the incurrence of indebtedness and liens, repurchases of our Common Stock and acquisitions, subject in each case to certain exceptions. Pursuant to the Credit Agreement, we are required to maintain a minimum fixed charge coverage ratio of 1.10x 3.00x June 30, 2022,

Note 6 - Share-based Compensati

Note 6 - Share-based Compensation	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 6 SHARE-BASED COMPENSATION We measure and recognize compensation expense for all share-based payments based on the grant-date fair value of those awards. All of our existing stock option awards and unvested stock awards have been determined to be equity-classified awards. We account for forfeitures as they occur. We refer to our restricted stock awards as “non-vested” stock in these consolidated financial statements. Our 2004 “2004 2004 not 2018, one ten three Our 2006 “2006 may five ten During the six June 30, 2022 2021, 2022 2021 Expected dividend yield at date of grant 3.39 % 2.15 % Expected stock price volatility 35.52 % 34.85 % Risk-free interest rate 2.33 % 0.91 % Expected life of options (in years) 6.0 7.0 The risk-free interest rate assumptions were based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility was based on historical monthly price changes of our stock based on the expected life of the options at the date of grant. The expected life of options is the average number of years we estimate that options will be outstanding. We consider groups of associates that have similar historical exercise behavior separately for valuation purposes. The following table summarizes stock option activity under the 2006 2004 six June 30, 2022: Number of Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (In thousands) Outstanding at December 31, 2021 477,640 $ 30.88 5.97 $ 6,337 Granted 127,227 $ 36.67 Exercised - $ - $ - Forfeited - $ - - Outstanding at June 30, 2022 604,867 $ 32.10 5.96 $ 5,672 Exercisable at June 30, 2022 346,721 $ 26.03 4.21 $ 5,195 As of June 30, 2022, There was $162,000 cash received from stock options exercised for the six June 30, 2021. no 2022. three June 30, 2022 2021, six June 30, 2022 2021, We granted 12,698 non-vested shares of Common Stock under the 2006 six June 30, 2021. No six June 30, 2022. June 30, 2022, 2006 five not three June 30, 2022 2021, six June 30, 2022 2021, 2006 three June 30, 2022: Common Shares Outstanding Weighted Average Grant Date Fair Value Per Share Outstanding at December 31, 2021 12,698 $ 42.92 Granted - - Vested - - Forfeited - - Outstanding at June 30, 2022 12,698 $ 42.92 As of June 30, 2022,

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	( 7 GOODWILL AND OTHER INTANGIBLE ASSETS The following represents a summary of changes in the carrying amount of goodwill for the three June 30, 2022: Gross Accumulated Impairment Net (In thousands) Balance at June 30, 2022 and December 31, 2021 $ 62,328 (714 ) $ 61,614 Intangible assets consisted of the following: June 30, 2022 December 31, 2021 (In thousands) Non-amortizing intangible assets: Indefinite trade name $ 1,191 $ 1,191 Amortizing intangible assets: Customer related 9,441 9,445 Technology 1,959 1,959 Trade names 1,572 1,572 Total amortizing intangible assets 12,972 12,976 Accumulated amortization (12,467 ) (12,377 ) Other intangible assets, net $ 1,696 $ 1,790

Note 8 - Property and Equipment

Note 8 - Property and Equipment	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 8 PROPERTY AND EQUIPMENT June 30, 2022 December 31, 2021 (In thousands) Property and equipment $ 49,300 $ 45,599 Accumulated depreciation (35,698 ) (33,208 ) Property and equipment, net $ 13,602 $ 12,391

Note 9 - Earnings Per Share

Note 9 - Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	( 9 EARNINGS PER SHARE Basic net income per share was computed using the weighted-average number of common shares outstanding during the period. Diluted net income per share was computed using the weighted-average number of common shares and, if dilutive, the potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and vesting of restricted stock. The dilutive effect of outstanding stock options is reflected in diluted earnings per share by application of the treasury stock method. We had 305,985 and 103,704 options of Common Stock for the three June 30, 2022 2021, six June 30, 2022 2021, For the Three Months Ended June 30 For the Six Months Ended June 30 2022 2021 2022 2021 (In thousands, except per share data) Numerator for net income per share – basic: $ 8,322 $ 8,944 $ 16,861 $ 18,176 Net income Allocation of distributed and undistributed income to unvested restricted stock shareholders (4 ) (5 ) (9 ) (10 ) Net income attributable to common shareholders 8,318 8,939 16,852 18,166 Denominator for net income per share – basic: Weighted average common shares outstanding – basic 25,083 25,426 25,166 25,420 Net income per share – basic $ 0.33 $ 0.35 $ 0.67 $ 0.71 Numerator for net income per share – diluted: Net income attributable to common shareholders for basic computation 8,318 8,939 16,852 18,166 Denominator for net income per share – diluted: Weighted average common shares outstanding – basic 25,083 25,426 25,166 25,420 Weighted average effect of dilutive securities – stock options 128 219 134 236 Denominator for diluted earnings per share – adjusted weighted average shares 25,211 25,645 25,300 25,656 Net income per share - diluted $ 0.33 $ 0.35 $ 0.67 $ 0.71

Note 10 - Related Party

Note 10 - Related Party	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	( 10 RELATED PARTY Mr. Hays, our Chief Executive Officer and director, is an owner of approximately 13% three six June 30, 2022. three six June 30, 2022.

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition We derive a majority of our revenues from our annually renewable subscription-based service agreements with our customers, which include performance measurement and improvement services, healthcare analytics and governance education services. Such agreements are generally cancelable on short or no 3 ● Identify the contract, or contracts, with a customer; ● Identify the performance obligations in the contract; ● Determine the transaction price; ● Allocate the transaction price to the identified performance obligations; and ● Recognize revenue when, or as, we satisfy the performance obligations. Our revenue arrangements with a client may one may one one not not Our arrangements with customers consist principally of four 1 2 one 3 4 Subscription-based services - Services that are provided under subscription-based service agreements are usually for a twelve may One-time services – These agreements typically require us to perform a specific one Fixed, non-subscription services – These arrangements typically require us to perform an unspecified amount of services for a fixed price during a fixed period of time. Revenues are recognized over time based upon the costs incurred to date in relation to the total estimated contract costs. In determining cost estimates, management uses historical and forecasted cost information which is based on estimated volumes, external and internal costs and other factors necessary in estimating the total costs over the term of the contract. Changes in estimates are accounted for using a cumulative catch-up adjustment which could impact the amount and timing of revenue for any period. Unit-price services – These arrangements typically require us to perform certain services on a periodic basis as requested by the customer for a per-unit amount which is typically billed in the month following the performance of the service. Revenue under these arrangements is recognized over the time the services are performed at the per-unit amount. Revenue is presented net of any sales tax charged to our clients that we are required to remit to taxing authorities. We recognize contract assets or unbilled receivables related to revenue recognized for services completed but not
Deferred Charges, Policy [Policy Text Block]	Deferred Contract Costs Deferred contract costs, net is stated at gross deferred costs less accumulated amortization. We defer commissions and incentives, including payroll taxes, if they are incremental and recoverable costs of obtaining a renewable customer contract. Deferred contract costs are amortized over the estimated term of the contract, including renewals, which generally ranges from three five one three June 30, 2022 2021, six June 30, 2022 2021, June 30, 2022 December 31, 2021, three six June 30, 2022 2021 Three months ended 2022 Three months ended 2021 Six months ended 2022 Six months ended 2021 (In thousands) Direct Expenses $ 35 $ 41 $ 71 $ 73 Selling, general and administrative expenses 404 740 875 1,363 Total amortization $ 439 $ 781 $ 946 $ 1,436 Additional expense included in selling, general and administrative expenses for impairment of costs capitalized due to lost clients was $400 and $15,000 for the three June 30, 2022 2021, six June 30, 2022 2021,
Accounts Receivable [Policy Text Block]	Trade Accounts Receivable Trade accounts receivable are recorded at the invoiced amount. The allowance for doubtful accounts is our best estimate of the amount of probable credit losses in our existing accounts receivable, determined based on our historical write-off experience, current economic conditions and reasonable and supportable forecasts about the future. We review the allowance for doubtful accounts monthly. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The following table provides the activity in the allowance for doubtful accounts for the six June 30, 2022 2021 Balance at Beginning of Period Bad Debt Expense (Benefit) Write-offs Recoveries Balance at End of Period Six months ended June 30, 2022 $ 94 $ (10 ) $ 22 $ 3 $ 65 Six months ended June 30, 2021 $ 120 $ 25 $ 47 $ 9 $ 107
Lessee, Leases [Policy Text Block]	Leases We determine whether a lease is included in an agreement at inception. We recognize a lease liability and a right-of-use (“ROU”) asset on the balance sheet for our operating leases under which we are lessee. Operating lease ROU assets are included in operating lease right-of-use assets in our consolidated balance sheet. Finance lease assets are included in property and equipment. Operating and finance lease liabilities are included in other current liabilities and other long-term liabilities. Certain lease arrangements may not ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments during the lease term. ROU assets and lease liabilities are recorded at lease commencement based on the estimated present value of lease payments. Because the rate of interest implicit in each lease is not We elected the practical expedient to account for lease and non-lease components as a single lease component for all asset classifications. We have also made a policy election to not 12 Due to remote working arrangements, we reassessed our office needs and subleased our Seattle location under an agreement considered to be an operating lease beginning in May 2021. not six June 30, 2021 no six June 30, 2022.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements Our valuation techniques are based on maximizing observable inputs and minimizing the use of unobservable inputs when measuring fair value. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect our market assumptions. The inputs are then classified into the following hierarchy: ( 1 1 2 2 1 not 3 3 The following details our financial assets within the fair value hierarchy at June 30, 2022 December 31, 2021: Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2022 Money Market Funds $ 2,507 $ - $ - $ 2,507 Total Cash Equivalents $ 2,507 $ - $ - $ 2,507 As of December 31, 2021 Money Market Funds $ 6,306 $ - $ - $ 6,306 Total Cash Equivalents $ 6,306 $ - $ - $ 6,306 There were no six June 30, 2022. Our long-term debt described in Note 5 2 June 30, 2022 December 31, 2021 (In thousands) Total carrying amount of long-term debt $ 24,493 $ 26,620 Estimated fair value of long-term debt $ 24,364 $ 27,708 The carrying amounts of accounts receivable, accounts payable, and accrued expenses approximate their fair value. All non-financial assets that are not 3 2021. June 30, 2022 December 31, 2021, no Annually, we consider whether the recorded goodwill and indefinite lived intangibles have been impaired. However, goodwill and intangibles must be tested between annual tests if an event occurs or circumstances change to indicate that it is more likely than not
Commitments and Contingencies, Policy [Policy Text Block]	Commitments and Contingencies not June 30, 2022
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Not In March 2020, No. 2020 04, 848 March 12, 2020 December 31, 2022. 2022

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Amortization of Capitalized Contract Cost [Table Text Block]	Three months ended 2022 Three months ended 2021 Six months ended 2022 Six months ended 2021 (In thousands) Direct Expenses $ 35 $ 41 $ 71 $ 73 Selling, general and administrative expenses 404 740 875 1,363 Total amortization $ 439 $ 781 $ 946 $ 1,436
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Balance at Beginning of Period Bad Debt Expense (Benefit) Write-offs Recoveries Balance at End of Period Six months ended June 30, 2022 $ 94 $ (10 ) $ 22 $ 3 $ 65 Six months ended June 30, 2021 $ 120 $ 25 $ 47 $ 9 $ 107
Fair Value, by Balance Sheet Grouping [Table Text Block]	Level 1 Level 2 Level 3 Total (In thousands) As of June 30, 2022 Money Market Funds $ 2,507 $ - $ - $ 2,507 Total Cash Equivalents $ 2,507 $ - $ - $ 2,507 As of December 31, 2021 Money Market Funds $ 6,306 $ - $ - $ 6,306 Total Cash Equivalents $ 6,306 $ - $ - $ 6,306 June 30, 2022 December 31, 2021 (In thousands) Total carrying amount of long-term debt $ 24,493 $ 26,620 Estimated fair value of long-term debt $ 24,364 $ 27,708

Note 3 - Contracts With Custo_2

Note 3 - Contracts With Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three months ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Subscription services recognized ratably over time $ 35,480 $ 34,215 $ 70,930 $ 67,269 Services recognized at a point in time 735 563 1,916 886 Fixed, non-subscription recognized over time 605 547 1,191 1,126 Unit price services recognized over time 472 1,100 1,697 2,608 Total revenue $ 37,292 $ 36,425 $ 75,734 $ 71,889
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	June 30, 2022 December 31, 2021 Accounts receivables $ 13,112 $ 13,728 Contract assets included in other current assets $ 64 $ 99 Deferred Revenue $ (15,496 ) $ (17,213 ) 2022 2021 Contract Asset Deferred Revenue Contract Asset Deferred Revenue Increase (Decrease) Revenue recognized that was included in deferred revenue at beginning of year due to completion of services $ - $ (12,962 ) $ - $ (11,605 ) Increases due to invoicing of client, net of amounts recognized as revenue - 11,182 - 12,318 Increases due to acquisition - - - - Decreases due to completion of services (or portion of services) and transferred to accounts receivable (81 ) - (170 ) - Increases due to acquisition - - - 239 Change due to cumulative catch-up adjustments arising from changes in expected contract consideration - 63 - 311 Increases due to revenue recognized in the period with additional performance obligations before invoicing 45 - 9 -

Note 5 - Notes Payable (Tables)

Note 5 - Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Debt [Table Text Block]	June 30, 2022 December 31, 2021 (In thousands) Term Loans $ 24,493 $ 26,620 Less: current portion (4,390 ) (4,278 ) Less: unamortized debt issuance costs (59 ) (73 ) Notes payable, net of current portion $ 20,044 $ 22,269

Note 6 - Share-based Compensa_2

Note 6 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2022 2021 Expected dividend yield at date of grant 3.39 % 2.15 % Expected stock price volatility 35.52 % 34.85 % Risk-free interest rate 2.33 % 0.91 % Expected life of options (in years) 6.0 7.0
Share-Based Payment Arrangement, Activity [Table Text Block]	Number of Weighted Average Exercise Price Weighted Average Remaining Contractual Terms (Years) Aggregate Intrinsic Value (In thousands) Outstanding at December 31, 2021 477,640 $ 30.88 5.97 $ 6,337 Granted 127,227 $ 36.67 Exercised - $ - $ - Forfeited - $ - - Outstanding at June 30, 2022 604,867 $ 32.10 5.96 $ 5,672 Exercisable at June 30, 2022 346,721 $ 26.03 4.21 $ 5,195
Schedule of Nonvested Share Activity [Table Text Block]	Common Shares Outstanding Weighted Average Grant Date Fair Value Per Share Outstanding at December 31, 2021 12,698 $ 42.92 Granted - - Vested - - Forfeited - - Outstanding at June 30, 2022 12,698 $ 42.92

Note 7 - Goodwill and Intangi_2

Note 7 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	Gross Accumulated Impairment Net (In thousands) Balance at June 30, 2022 and December 31, 2021 $ 62,328 (714 ) $ 61,614 June 30, 2022 December 31, 2021 (In thousands) Non-amortizing intangible assets: Indefinite trade name $ 1,191 $ 1,191 Amortizing intangible assets: Customer related 9,441 9,445 Technology 1,959 1,959 Trade names 1,572 1,572 Total amortizing intangible assets 12,972 12,976 Accumulated amortization (12,467 ) (12,377 ) Other intangible assets, net $ 1,696 $ 1,790

Note 8 - Property and Equipme_2

Note 8 - Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, 2022 December 31, 2021 (In thousands) Property and equipment $ 49,300 $ 45,599 Accumulated depreciation (35,698 ) (33,208 ) Property and equipment, net $ 13,602 $ 12,391

Note 9 - Earnings Per Share (Ta

Note 9 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended June 30 For the Six Months Ended June 30 2022 2021 2022 2021 (In thousands, except per share data) Numerator for net income per share – basic: $ 8,322 $ 8,944 $ 16,861 $ 18,176 Net income Allocation of distributed and undistributed income to unvested restricted stock shareholders (4 ) (5 ) (9 ) (10 ) Net income attributable to common shareholders 8,318 8,939 16,852 18,166 Denominator for net income per share – basic: Weighted average common shares outstanding – basic 25,083 25,426 25,166 25,420 Net income per share – basic $ 0.33 $ 0.35 $ 0.67 $ 0.71 Numerator for net income per share – diluted: Net income attributable to common shareholders for basic computation 8,318 8,939 16,852 18,166 Denominator for net income per share – diluted: Weighted average common shares outstanding – basic 25,083 25,426 25,166 25,420 Weighted average effect of dilutive securities – stock options 128 219 134 236 Denominator for diluted earnings per share – adjusted weighted average shares 25,211 25,645 25,300 25,656 Net income per share - diluted $ 0.33 $ 0.35 $ 0.67 $ 0.71

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Incremental Costs of Obtaining a Contract, Deferred During Period	$ 108,000	$ 605,000	$ 342,000	$ 1,500,000
Capitalized Contract Cost, Net, Noncurrent	3,167,000		3,167,000		$ 3,772,000
Capitalized Contract Cost, Impairment Loss	$ 400	$ 15,000	1,000	22,000
Operating Lease, Impairment Loss				$ 324,000	324,000
Asset Impairment Charges, Total			$ 0		$ 0
Minimum [Member]
Capitalized Contract Cost, Amortization Period (Year)	3 years		3 years
Maximum [Member]
Capitalized Contract Cost, Amortization Period (Year)	5 years		5 years

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Amortization Expense Classification (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Capitalized contract cost	$ 439	$ 781	$ 946	$ 1,436
Direct Expenses [Member]
Capitalized contract cost	35	41	71	73
Selling, General and Administrative Expenses [Member]
Capitalized contract cost	$ 404	$ 740	$ 875	$ 1,363

Note 1 - Summary of Significa_5

Note 1 - Summary of Significant Accounting Policies - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Balance	$ 94	$ 120
Bad debt expense	(10)	25
Write-offs	22	47
Recoveries	3	9
Balance	$ 65	$ 107

Note 1 - Summary of Significa_6

Note 1 - Summary of Significant Accounting Policies - Fair Value of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Total carrying amount of long-term debt	$ 24,493	$ 26,620
Estimated fair value of long-term debt	24,364	27,708
Fair Value, Recurring [Member]
Assets, fair value	2,507	6,306
Money Market Funds [Member] | Fair Value, Recurring [Member]
Assets, fair value	2,507	6,306
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Assets, fair value	2,507	6,306
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member] | Fair Value, Recurring [Member]
Assets, fair value	$ 2,507	$ 6,306

Note 2 - Acquisition (Details T

Note 2 - Acquisition (Details Textual) - USD ($) $ in Thousands		1 Months Ended	6 Months Ended
	Jan. 04, 2021	Jan. 31, 2022	Jun. 30, 2022	Jun. 30, 2021
Payments to Acquire Businesses, Gross				$ 3,000
Payment for Contingent Consideration Liability, Financing Activities			$ 1,950
PatientWisdom, Inc. [Member]
Payments to Acquire Businesses, Gross	$ 3,000
Business Combination, Consideration Transferred, Total	$ 5,000
Payment for Contingent Consideration Liability, Financing Activities		$ 2,000

Note 3 - Contracts With Custo_3

Note 3 - Contracts With Customers 1 (Details Textual) $ in Millions	Jun. 30, 2022 USD ($)
Long-Term Contract with Customer [Member]
Revenue, Remaining Performance Obligation, Amount	$ 2.7

Note 3 - Contracts With Custo_4

Note 3 - Contracts With Customers 2 (Details Textual) - Long-Term Contract with Customer [Member]	Jun. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 2,700,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Amount	$ 1,100,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Amount	$ 1,000,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Amount	$ 621,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Amount	$ 15,000
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year

Note 3 - Contracts With Custo_5

Note 3 - Contracts With Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue	$ 37,292	$ 36,425	$ 75,734	$ 71,889
Transferred over Time [Member] | Subscription Services [Member]
Revenue	35,480	34,215	70,930	67,269
Transferred over Time [Member] | Fixed, Non-subscription Services [Member]
Revenue	605	547	1,191	1,126
Transferred over Time [Member] | Unit Price Services [Member]
Revenue	472	1,100	1,697	2,608
Transferred at Point in Time [Member] | Service [Member]
Revenue	$ 735	$ 563	$ 1,916	$ 886

Note 3 - Contracts With Custo_6

Note 3 - Contracts With Customers - Information About Receivables, Contract Assets, and Contract Liabilities From Contracts With Customers (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Accounts receivables	$ 13,112		$ 13,728
Deferred Revenue	(15,496)		(17,213)
Revenue recognized that was included in deferred revenue at beginning of year due to completion of services	(12,962)	$ (11,605)
Increases due to invoicing of client, net of amounts recognized as revenue	11,182	12,318
Decreases due to completion of services (or portion of services) and transferred to accounts receivable	(81)	(170)
Increases due to acquisition		239
Change due to cumulative catch-up adjustments arising from changes in expected contract consideration	63	311
Increases due to revenue recognized in the period with additional performance obligations before invoicing	45	$ 9
Other Current Assets [Member]
Contract assets included in other current assets	$ 64		$ 99

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Percent, Total	24.80%	24.80%	25.10%	22.70%
Effective Income Tax Rate Change, Share-based Compensation			$ 455,000
Social Security Tax Payable, Current	$ 656,000		$ 656,000		$ 1,300,000

Note 5 - Notes Payable (Details

Note 5 - Notes Payable (Details Textual) - Credit Agreement [Member] - First National Bank of Omaha [Member]	6 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	May 28, 2020 USD ($)
Debt Instrument, Covenant, Minimum Fixed Charge Coverage Ratio	1.10
Debt Instrument, Covenant, Exception, Fixed Charge Coverage Ratio, Dividend Threshold	$ 5,500,000
Debt Instrument, Covenant, Maximum Cash Flow Leverage Ratio	3
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Term Loan [Member]
Debt Instrument, Face Amount			$ 33,002,069
Debt Instrument, Periodic Payment, Total	$ 462,988
Debt Instrument, Interest Rate, Stated Percentage	5%
Delayed Draw Term Loan [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000,000
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 30,000,000
Debt Instrument, Percentage Bearing Variable Interest, Percentage Rate	3.37%
Long-term Line of Credit, Total	$ 0	$ 0
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.20%

Note 5 - Notes Payable - Summar

Note 5 - Notes Payable - Summary of Notes Payable (Details) - Term Loan [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Term Loans	$ 24,493	$ 26,620
Less: current portion	(4,390)	(4,278)
Less: unamortized debt issuance costs	(59)	(73)
Notes payable, net of current portion	$ 20,044	$ 22,269

Note 6 - Share-based Compensa_3

Note 6 - Share-based Compensation (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Proceeds from Stock Options Exercised				$ 162,000
Common Stock Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)			127,227	101,091
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1,700,000		$ 1,700,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			2 years 8 months 4 days
Share-Based Payment Arrangement, Option [Member] | Direct, Selling, General and Administrative Expenses [Member]
Share-Based Payment Arrangement, Expense	307,000	$ 176,000	$ 564,000	$ 186,000
Nonvested [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			5 years
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	382,000		$ 382,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			3 years 6 months
Nonvested [Member] | Direct, Selling, General and Administrative Expenses [Member]
Share-Based Payment Arrangement, Expense	$ 54,000		$ 27,000
Share-Based Payment Arrangement, Expense (Benefit)		$ (37,000)
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member]
Share Based Compensation, Arrangement By Share Based Payment Award, Options Grant, Amount			$ 100,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)			1 year
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)			10 years
Director Plan 2004 [Member] | Nonqualified Stock Options [Member] | Director [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)			3 years
Director Plan 2004 [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	3,000,000		3,000,000
The 2006 Equity Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)			10 years
The 2006 Equity Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)			5 years
The 2006 Equity Incentive Plan [Member] | Nonvested [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in shares)				12,698
Share-based Compensation Arrangement by Share-based Payment Award, Nonvested Restricted Stock, Outstanding Number (in shares)	12,698		12,698
The 2006 Equity Incentive Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	1,800,000		1,800,000

Note 6 - Share-based Compensa_4

Note 6 - Share-based Compensation - Stock Options Valuation Assumptions (Details) - Common Stock [Member]	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Expected dividend yield at date of grant	3.39%	2.15%
Expected stock price volatility	35.52%	34.85%
Risk-free interest rate	2.33%	0.91%
Expected life of options (in years) (Year)	6 years	7 years

Note 6 - Share-based Compensa_5

Note 6 - Share-based Compensation - Stock Option Activity Under Equity Incentive Plans and Director Plan (Details) - Common Stock Options [Member] - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Beginning balance, outstanding, number of options (in shares)	477,640
Beginning balance, outstanding, weighted average exercise price (in dollars per share)	$ 30.88
Outstanding, weighted average remaining contractual term (Year)	5 years 11 months 15 days		5 years 11 months 19 days
Outstanding, aggregate intrinsic value	$ 5,672		$ 6,337
Granted, number of options (in shares)	127,227	101,091
Granted, weighted average exercise price (in dollars per share)	$ 36.67
Ending balance, outstanding, number of options (in shares)	604,867		477,640
Ending balance, outstanding, weighted average exercise price (in dollars per share)	$ 32.10		$ 30.88
Exercisable, number of options (in shares)	346,721
Weighted average exercise price (in dollars per share)	$ 26.03
Exercisable, weighted average remaining contractual term (Year)	4 years 2 months 15 days
Exercisable, aggregate intrinsic value	$ 5,195

Note 6 - Share-based Compensa_6

Note 6 - Share-based Compensation - Non-vested Stock (Details) - Common Stock [Member]	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Outstanding (in shares) | shares	12,698
Outstanding (in dollars per share) | $ / shares	$ 42.92
Granted (in shares) | shares	0
Granted (in dollars per share) | $ / shares	$ 0
Vested (in shares) | shares	0
Vested (in dollars per share) | $ / shares	$ 0
Forfeited (in shares) | shares	0
Forfeited (in dollars per share) | $ / shares	$ 0
Outstanding (in shares) | shares	12,698
Outstanding (in dollars per share) | $ / shares	$ 42.92

Note 7 - Goodwill and Intangi_3

Note 7 - Goodwill and Intangible Assets - Summary of Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Goodwill, gross	$ 62,328
Goodwill, Accumulated Depreciation	(714)
Goodwill, net	61,614	$ 61,614
Indefinite trade name	1,191	1,191
Amortizing intangible assets	12,972	12,976
Accumulated amortization	(12,467)	(12,377)
Other intangible assets, net	1,696	1,790
Customer Relationships [Member]
Amortizing intangible assets	9,441	9,445
Technology-Based Intangible Assets [Member]
Amortizing intangible assets	1,959	1,959
Trade Names [Member]
Amortizing intangible assets	$ 1,572	$ 1,572

Note 8 - Property and Equipme_3

Note 8 - Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property and equipment	$ 49,300	$ 45,599
Accumulated depreciation	(35,698)	(33,208)
Property and equipment, net	$ 13,602	$ 12,391

Note 9 - Earnings Per Share (De

Note 9 - Earnings Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	305,985	103,704	287,655	108,343

Note 9 - Earnings Per Share - N

Note 9 - Earnings Per Share - Net Income Per Share Computation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 8,322	$ 8,539	$ 8,944	$ 9,232	$ 16,861	$ 18,176
Allocation of distributed and undistributed income to unvested restricted stock shareholders	(4)		(5)		(9)	(10)
Net income attributable to common shareholders	$ 8,318		$ 8,939		$ 16,852	$ 18,166
Weighted average common shares outstanding – basic (in shares)	25,083		25,426		25,166	25,420
Net income per share – basic (in dollars per share)	$ 0.33		$ 0.35		$ 0.67	$ 0.71
Net income attributable to common shareholders for basic computation	$ 8,318		$ 8,939		$ 16,852	$ 18,166
Weighted average effect of dilutive securities – stock options (in shares)	128		219		134	236
Denominator for diluted earnings per share – adjusted weighted average shares (in shares)	25,211		25,645		25,300	25,656
Net income per share - diluted (in dollars per share)	$ 0.33		$ 0.35		$ 0.67	$ 0.71

Note 10 - Related Party (Detail

Note 10 - Related Party (Details Textual)	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)
Chief Executive Officer [Member] | Nebraska Global Investment Company LLC [Member]
Officer Ownership Percentage in Vendor	13%	13%
Don’t Panic Labs, LLC [Member]
Related Party Transaction, Amounts of Transaction	$ 196,000	$ 196,000