2023 Q3 Form 10-Q Financial Statement

#000143774923023117 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $9.271M $8.990M $9.288M
YoY Change -0.96% -3.21% 62.77%
Cost Of Revenue $947.0K
YoY Change
Gross Profit $8.341M
YoY Change
Gross Profit Margin 89.8%
Selling, General & Admin $6.354M $5.625M $3.530M
YoY Change 165.3% 59.35% 72.99%
% of Gross Profit 42.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $696.0K $700.0K $610.0K
YoY Change 15.81% 14.75% 66.67%
% of Gross Profit 7.31%
Operating Expenses $6.354M $5.625M $4.140M
YoY Change 165.3% 35.87% 102.88%
Operating Profit $2.218M $2.665M $4.201M
YoY Change -57.69% -36.56% 27.31%
Interest Expense $302.0K $314.0K -$55.00K
YoY Change 202.0% -670.91% 170.67%
% of Operating Profit 13.62% 11.78% -1.31%
Other Income/Expense, Net $117.0K $99.00K $1.458M
YoY Change -218.18% -93.21% 1054.39%
Pretax Income $2.116M $2.518M $5.604M
YoY Change -58.46% -55.07% 64.55%
Income Tax $518.0K $465.0K $847.0K
% Of Pretax Income 24.48% 18.47% 15.11%
Net Earnings $1.483M $2.008M $4.891M
YoY Change -65.07% -58.95% 79.83%
Net Earnings / Revenue 16.0% 22.34% 52.66%
Basic Earnings Per Share $0.11 $0.15 $0.36
Diluted Earnings Per Share $0.11 $0.15 $357.2K
COMMON SHARES
Basic Shares Outstanding 13.90M 13.90M 13.79M
Diluted Shares Outstanding 13.82M 13.82M 13.69M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.110M $2.071M $1.128M
YoY Change -27.69% 83.6% -48.84%
Cash & Equivalents $1.110M $2.071M $1.128M
Short-Term Investments
Other Short-Term Assets $3.944M $3.599M $2.529M
YoY Change 65.02% 42.31% 6.72%
Inventory
Prepaid Expenses $3.278M $2.602M
Receivables $50.17M $51.09M $45.68M
Other Receivables $926.0K $1.110M $1.494M
Total Short-Term Assets $56.15M $57.87M $50.83M
YoY Change 10.35% 13.85% 23.52%
LONG-TERM ASSETS
Property, Plant & Equipment $4.321M $4.365M $4.438M
YoY Change -1.73% -1.64% 15.66%
Goodwill $5.870M $5.870M
YoY Change 446.05%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $122.0K $142.0K $1.663M
YoY Change -72.71% -91.46% 26.27%
Total Long-Term Assets $49.09M $49.94M $39.07M
YoY Change 26.24% 27.83% 36.75%
TOTAL ASSETS
Total Short-Term Assets $56.15M $57.87M $50.83M
Total Long-Term Assets $49.09M $49.94M $39.07M
Total Assets $105.2M $107.8M $89.90M
YoY Change 17.23% 19.93% 28.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $210.0K $163.0K $629.0K
YoY Change 1.94% -74.09% -54.85%
Accrued Expenses $4.594M $4.619M $2.381M
YoY Change 34.68% 93.99% -36.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.92M $17.01M $3.493M
YoY Change 413.56% 386.95% 3471.21%
Total Short-Term Liabilities $37.08M $40.60M $28.65M
YoY Change 44.75% 41.71% 45.71%
LONG-TERM LIABILITIES
Long-Term Debt $219.0K $348.0K $3.645M
YoY Change -93.61% -90.45% 19.29%
Other Long-Term Liabilities $4.900M $4.555M $5.713M
YoY Change 1.39% -20.27% 37.69%
Total Long-Term Liabilities $5.119M $4.903M $9.358M
YoY Change -38.04% -47.61% 29.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.08M $40.60M $28.65M
Total Long-Term Liabilities $5.119M $4.903M $9.358M
Total Liabilities $42.24M $45.76M $38.01M
YoY Change 24.69% 20.4% 36.61%
SHAREHOLDERS EQUITY
Retained Earnings $29.16M $28.51M
YoY Change 23.25%
Common Stock $14.00K $14.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $63.00M $62.05M $51.89M
YoY Change
Total Liabilities & Shareholders Equity $105.2M $107.8M $89.90M
YoY Change 17.23% 19.93% 28.94%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $1.483M $2.008M $4.891M
YoY Change -65.07% -58.95% 79.83%
Depreciation, Depletion And Amortization $696.0K $700.0K $610.0K
YoY Change 15.81% 14.75% 66.67%
Cash From Operating Activities $2.015M -$618.0K $3.640M
YoY Change -9.48% -116.98% -781.9%
INVESTING ACTIVITIES
Capital Expenditures $168.0K $60.00K -$358.0K
YoY Change -135.44% -116.76% -39.39%
Acquisitions
YoY Change
Other Investing Activities $248.0K $252.0K -$314.0K
YoY Change -13.89% -180.25% -39.21%
Cash From Investing Activities $80.00K $192.0K -$672.0K
YoY Change -143.01% -128.57% -39.31%
FINANCING ACTIVITIES
Cash Dividend Paid $837.0K $835.0K $827.0K
YoY Change 1.21% 0.97% 1.22%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.054M -5.710M -3.666M
YoY Change 87.02% 55.76% -296.08%
NET CHANGE
Cash From Operating Activities 2.015M -618.0K 3.640M
Cash From Investing Activities 80.00K 192.0K -672.0K
Cash From Financing Activities -3.054M -5.710M -3.666M
Net Change In Cash -959.0K -6.136M -698.0K
YoY Change -335.63% 779.08% -405.34%
FREE CASH FLOW
Cash From Operating Activities $2.015M -$618.0K $3.640M
Capital Expenditures $168.0K $60.00K -$358.0K
Free Cash Flow $1.847M -$678.0K $3.998M
YoY Change -31.59% -116.96% 6928.83%

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CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13720000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13607000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13699000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13591000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13817000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13691000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13779000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13686000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
58254000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
822000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1668000 usd
us-gaap Net Income Loss
NetIncomeLoss
4638000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
62046000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
46735000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1309000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1650000 usd
us-gaap Net Income Loss
NetIncomeLoss
5494000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
51888000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
60413000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
460000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
835000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
2008000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
62046000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
46995000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
830000 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
828000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
4891000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
51888000 usd
us-gaap Net Income Loss
NetIncomeLoss
4638000 usd
us-gaap Net Income Loss
NetIncomeLoss
5494000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
267000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
204000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
4371000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5290000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1397000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1020000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
341000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
48000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
233000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
822000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1309000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
200000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-473000 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-0 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-2233000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5361000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1437000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
798000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
415000 usd
hqi Increase Decrease In Prepaid Workers Compensation
IncreaseDecreaseInPrepaidWorkersCompensation
495000 usd
hqi Increase Decrease In Prepaid Workers Compensation
IncreaseDecreaseInPrepaidWorkersCompensation
924000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-285000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2012000 usd
hqi Increase Decrease In Risk Management Incentive Program Liability
IncreaseDecreaseInRiskManagementIncentiveProgramLiability
507000 usd
hqi Increase Decrease In Risk Management Incentive Program Liability
IncreaseDecreaseInRiskManagementIncentiveProgramLiability
314000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-347000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
312000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-984000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-1433000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1487000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
4758000 usd
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
238000 usd
us-gaap Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
284000 usd
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-772000 usd
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-64000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-155000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
8475000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-73000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
608000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-228000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9083000 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
-0 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
19063000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
98000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
90000 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
9317000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
394000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
315000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
52000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
50000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
121000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
512000 usd
hqi Net Change In Franchisee Deposits
NetChangeInFranchiseeDeposits
106000 usd
hqi Net Change In Franchisee Deposits
NetChangeInFranchiseeDeposits
121000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
229000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9962000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3141000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
266000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
131000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1668000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1650000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-979000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
751000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-978000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-128000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3049000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1256000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2071000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1128000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2000000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
350000 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
0 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
1800000 usd
us-gaap Interest Paid Net
InterestPaidNet
829000 usd
us-gaap Interest Paid Net
InterestPaidNet
109000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1341000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1469000 usd
CY2023Q2 hqi Number Of Franchisee Owned Offices
NumberOfFranchiseeOwnedOffices
438 pure
CY2023Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 pure
CY2023Q2 hqi Number Of Employees
NumberOfEmployees
85000 pure
us-gaap Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
0 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses. Actual results could differ from those estimates.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Significant estimates and assumptions underlie our workers’ compensation claim liabilities, our workers’ compensation Risk Management Incentive Program, our deferred taxes, our allowance for credit losses, potential impairment of goodwill and other intangibles, stock-based compensation, and estimated fair value of assets and liabilities acquired.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
184000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
70000 usd
CY2023Q2 hqi Royalty Fees Percentage Of Payroll
RoyaltyFeesPercentageOfPayroll
0.045 pure
CY2023Q2 hqi Revenue Percentage Of Gross Margin
RevenuePercentageOfGrossMargin
0.180 pure
CY2023Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8704000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7221000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
18027000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
13797000 usd
CY2023Q2 hqi License Fee Percentage Of Gross Margin
LicenseFeePercentageOfGrossMargin
0.090 pure
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
260000 usd
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
31171000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4332000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26839000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
31050000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3022000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28028000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
36977000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4332000 usd
CY2023Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
32645000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
36856000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3022000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
33834000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
5870000 usd
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
CY2023Q2 us-gaap Goodwill
Goodwill
5870000 usd
CY2023Q2 hqi Common Equivalent Shares Outstanding
CommonEquivalentSharesOutstanding
175000
CY2022Q2 hqi Common Equivalent Shares Outstanding
CommonEquivalentSharesOutstanding
193000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13720000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13607000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13699000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13591000
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
97000
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
84000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
80000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
95000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13817000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13691000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13779000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13686000
CY2023Q2 hqi Number Of Offices
NumberOfOffices
438 pure
CY2021Q2 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025 pure
CY2014Q1 hqi Insurance Collateral Deposits
InsuranceCollateralDeposits
9200000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
822000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
827000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2022Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
829000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2022Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
833000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
833000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2023Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
835000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
13000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.47
CY2022Q4 hqi Sharebased Compensation Arrangement By Sharebased Payment Award Option Outstanding Weighted Average Exercise Price Ending Balance
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionOutstandingWeightedAverageExercisePriceEndingBalance
2980 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.47
CY2023Q2 hqi Sharebased Compensation Arrangement By Sharebased Payment Award Option Outstanding Weighted Average Exercise Price Ending Balance
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionOutstandingWeightedAverageExercisePriceEndingBalance
2980 pure
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0
CY2023Q2 us-gaap Share Price
SharePrice
26.03
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.47
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M12D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
266000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1500000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y2M12D
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.185 pure
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.188 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.149 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2023Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
14000 usd
CY2022Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
30000 usd
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
85000 usd
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
66000 usd
CY2023Q2 us-gaap Notes Receivable Net
NotesReceivableNet
5200000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3500000 usd
CY2023Q2 us-gaap Interest Income Operating
InterestIncomeOperating
68000 usd
CY2022Q2 us-gaap Interest Income Operating
InterestIncomeOperating
54000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
114000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
148000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
260000 usd

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0001437749-23-023117-xbrl.zip Edgar Link pending
ex_527166.htm Edgar Link pending
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hqi-20230630.xsd Edgar Link pending
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hqi-20230630_cal.xml Edgar Link unprocessable
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