2021 Q2 Form 10-Q Financial Statement
#000165495421008640 Filed on August 09, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
Revenue | $5.706M | $2.901M | $4.120M |
YoY Change | 96.7% | -10.46% | 18.73% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.041M | $1.931M | $3.250M |
YoY Change | 5.67% | 121.96% | 109.68% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $366.0K | $30.00K | $30.00K |
YoY Change | 1120.0% | 0.0% | 200.0% |
% of Gross Profit | |||
Operating Expenses | $2.041M | $1.931M | $3.290M |
YoY Change | 5.67% | 116.97% | 109.55% |
Operating Profit | $3.300M | $937.5K | |
YoY Change | 251.96% | ||
Interest Expense | -$20.32K | $17.85K | -$10.00K |
YoY Change | -213.84% | -107.76% | -94.44% |
% of Operating Profit | -0.62% | 1.9% | |
Other Income/Expense, Net | $126.3K | $290.0K | $250.0K |
YoY Change | -56.45% | 31.82% | 733.33% |
Pretax Income | $3.406M | $1.208M | $1.070M |
YoY Change | 181.81% | -48.13% | -38.86% |
Income Tax | $685.9K | $51.50K | $200.0K |
% Of Pretax Income | 20.14% | 4.26% | 18.69% |
Net Earnings | $2.720M | $1.157M | $880.0K |
YoY Change | 135.07% | -49.91% | -48.84% |
Net Earnings / Revenue | 47.66% | 39.88% | 21.36% |
Basic Earnings Per Share | $0.20 | $0.09 | |
Diluted Earnings Per Share | $0.20 | $0.09 | $64.99K |
COMMON SHARES | |||
Basic Shares Outstanding | 13.61M shares | 13.55M shares | |
Diluted Shares Outstanding | 13.86M shares | 13.55M shares |
Balance Sheet
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.205M | $13.75M | $10.04M |
YoY Change | -83.97% | 98.99% | 36.78% |
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | $2.370M | $3.000M | $2.660M |
YoY Change | -21.01% | 265.85% | 192.31% |
Inventory | |||
Prepaid Expenses | $952.6K | ||
Receivables | $35.06M | $19.65M | $24.43M |
Other Receivables | $1.520M | $2.190M | $3.490M |
Total Short-Term Assets | $41.15M | $38.58M | $40.62M |
YoY Change | 6.66% | 114.81% | 134.53% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.837M | $2.790M | $2.550M |
YoY Change | 37.53% | 49.2% | 22.6% |
Goodwill | |||
YoY Change | |||
Intangibles | $667.9K | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.317M | ||
YoY Change | |||
Total Long-Term Assets | $28.57M | $9.610M | $8.660M |
YoY Change | 197.28% | 35.54% | 11.6% |
TOTAL ASSETS | |||
Total Short-Term Assets | $41.15M | $38.58M | $40.62M |
Total Long-Term Assets | $28.57M | $9.610M | $8.660M |
Total Assets | $69.72M | $48.19M | $49.28M |
YoY Change | 44.68% | 92.38% | 96.49% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.393M | $90.00K | $240.0K |
YoY Change | 1447.79% | -83.02% | -73.33% |
Accrued Expenses | $3.721M | $1.520M | $1.610M |
YoY Change | 144.79% | -39.2% | -35.86% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $97.81K | ||
YoY Change | |||
Total Short-Term Liabilities | $19.66M | $10.40M | $12.09M |
YoY Change | 89.05% | 110.53% | 132.05% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.056M | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $4.149M | $3.300M | $3.700M |
YoY Change | 25.74% | 106.25% | 102.19% |
Total Long-Term Liabilities | $7.205M | $3.300M | $3.700M |
YoY Change | 118.33% | 106.25% | 102.19% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $19.66M | $10.40M | $12.09M |
Total Long-Term Liabilities | $7.205M | $3.300M | $3.700M |
Total Liabilities | $27.82M | $14.31M | $16.80M |
YoY Change | 94.42% | 118.81% | 138.64% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $12.65M | ||
YoY Change | |||
Common Stock | $13.67K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $146.5K | ||
YoY Change | |||
Treasury Stock Shares | 33.09K shares | ||
Shareholders Equity | $41.90M | $33.88M | $32.48M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $69.72M | $48.19M | $49.28M |
YoY Change | 44.68% | 92.38% | 96.49% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.720M | $1.157M | $880.0K |
YoY Change | 135.07% | -49.91% | -48.84% |
Depreciation, Depletion And Amortization | $366.0K | $30.00K | $30.00K |
YoY Change | 1120.0% | 0.0% | 200.0% |
Cash From Operating Activities | -$533.8K | $4.170M | $5.500M |
YoY Change | -112.8% | -6057.14% | 239.51% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$590.7K | -$300.0K | -$680.0K |
YoY Change | 96.89% | 200.0% | 325.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$516.6K | -$170.0K | $1.000M |
YoY Change | 203.86% | -180.95% | -2.91% |
Cash From Investing Activities | -$1.107M | -$460.0K | $320.0K |
YoY Change | 140.71% | -560.0% | -63.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $817.0K | ||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.870M | 10.00K | 30.00K |
YoY Change | 18596.5% | -102.38% | -100.88% |
NET CHANGE | |||
Cash From Operating Activities | -533.8K | 4.170M | 5.500M |
Cash From Investing Activities | -1.107M | -460.0K | 320.0K |
Cash From Financing Activities | 1.870M | 10.00K | 30.00K |
Net Change In Cash | 228.6K | 3.720M | 5.850M |
YoY Change | -93.85% | -1053.85% | -757.3% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$533.8K | $4.170M | $5.500M |
Capital Expenditures | -$590.7K | -$300.0K | -$680.0K |
Free Cash Flow | $56.88K | $4.470M | $6.180M |
YoY Change | -98.73% | 14800.0% | 247.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
38968906 | USD |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3837037 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3193379 | USD |
CY2021Q2 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
935215 | USD |
CY2020Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
623452 | USD |
CY2021Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
13640074 | shares |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
CY2021Q2 | us-gaap |
Cash
Cash
|
2204648 | USD |
CY2020Q4 | us-gaap |
Cash
Cash
|
13667434 | USD |
CY2021Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
35055831 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
21344499 | USD |
CY2021Q2 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
1519939 | USD |
CY2020Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
2178299 | USD |
CY2021Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
952620 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
344091 | USD |
CY2021Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1417098 | USD |
CY2020Q4 | us-gaap |
Other Prepaid Expense Current
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|
1434583 | USD |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
41150136 | USD |
CY2021Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
0 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
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CY2021Q2 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
19511471 | USD |
CY2020Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
0 | USD |
CY2021Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
667948 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
342697 | USD |
CY2021Q2 | us-gaap |
Other Assets
OtherAssets
|
381807 | USD |
CY2020Q4 | us-gaap |
Other Assets
OtherAssets
|
0 | USD |
CY2021Q2 | hqi |
Notes Receivable Net Of Current Portion And Reserves
NotesReceivableNetOfCurrentPortionAndReserves
|
3235465 | USD |
CY2020Q4 | hqi |
Notes Receivable Net Of Current Portion And Reserves
NotesReceivableNetOfCurrentPortionAndReserves
|
5887229 | USD |
CY2021Q2 | us-gaap |
Assets
Assets
|
69719079 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
49095042 | USD |
CY2021Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1393011 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
457490 | USD |
CY2021Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
97809 | USD |
CY2020Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
0 | USD |
CY2021Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
748303 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1322764 | USD |
CY2021Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
3720775 | USD |
CY2020Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
743431 | USD |
CY2021Q2 | us-gaap |
Due To Affiliate Current
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|
89584 | USD |
CY2020Q4 | us-gaap |
Due To Affiliate Current
DueToAffiliateCurrent
|
67398 | USD |
CY2021Q2 | hqi |
Due To Franchisees Current
DueToFranchiseesCurrent
|
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CY2020Q4 | hqi |
Due To Franchisees Current
DueToFranchiseesCurrent
|
3228777 | USD |
CY2021Q2 | hqi |
Risk Management Incentive Program Liability
RiskManagementIncentiveProgramLiability
|
1551437 | USD |
CY2020Q4 | hqi |
Risk Management Incentive Program Liability
RiskManagementIncentiveProgramLiability
|
858482 | USD |
CY2021Q2 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
6663971 | USD |
CY2020Q4 | us-gaap |
Workers Compensation Liability Current
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|
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CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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CY2021Q2 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
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CY2020Q4 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
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CY2021Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
954600 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
0 | USD |
CY2021Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
3055691 | USD |
CY2020Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
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CY2021Q2 | us-gaap |
Deposits
Deposits
|
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CY2020Q4 | us-gaap |
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Deposits
|
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Liabilities
Liabilities
|
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CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
12730769 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2021Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Value
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|
0 | USD |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13673166 | shares |
CY2020Q4 | us-gaap |
Common Stock Shares Issued
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|
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CY2021Q2 | us-gaap |
Common Stock Value
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|
13673 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
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|
13629 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
29380206 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
28811389 | USD |
CY2021Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
33092 | shares |
CY2021Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
146465 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
146465 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
12650723 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
7685720 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41898137 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
36364273 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
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|
69719079 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
49095042 | USD |
CY2021Q2 | hqi |
Franchise Royalties
FranchiseRoyalties
|
5450506 | USD |
CY2020Q2 | hqi |
Franchise Royalties
FranchiseRoyalties
|
2639287 | USD |
hqi |
Franchise Royalties
FranchiseRoyalties
|
8709542 | USD | |
hqi |
Franchise Royalties
FranchiseRoyalties
|
6344529 | USD | |
CY2021Q2 | hqi |
Service Revenue
ServiceRevenue
|
255822 | USD |
CY2020Q2 | hqi |
Service Revenue
ServiceRevenue
|
261703 | USD |
hqi |
Service Revenue
ServiceRevenue
|
399768 | USD | |
hqi |
Service Revenue
ServiceRevenue
|
676441 | USD | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
5706328 | USD |
CY2020Q2 | us-gaap |
Revenues
Revenues
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2900990 | USD |
us-gaap |
Revenues
Revenues
|
9109310 | USD | |
us-gaap |
Revenues
Revenues
|
7020970 | USD | |
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Selling General And Administrative Expense
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|
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CY2020Q2 | us-gaap |
Selling General And Administrative Expense
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us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5882393 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5184447 | USD | |
CY2021Q2 | hqi |
Depreciation And Amortizations
DepreciationAndAmortizations
|
365995 | USD |
CY2020Q2 | hqi |
Depreciation And Amortizations
DepreciationAndAmortizations
|
32402 | USD |
hqi |
Depreciation And Amortizations
DepreciationAndAmortizations
|
698835 | USD | |
hqi |
Depreciation And Amortizations
DepreciationAndAmortizations
|
64215 | USD | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3299712 | USD |
CY2020Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
937512 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2528082 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1772308 | USD | |
CY2021Q2 | us-gaap |
Other Income
OtherIncome
|
126300 | USD |
CY2020Q2 | us-gaap |
Other Income
OtherIncome
|
288837 | USD |
us-gaap |
Other Income
OtherIncome
|
4042280 | USD | |
us-gaap |
Other Income
OtherIncome
|
539545 | USD | |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
17850 | USD |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
13607009 | shares | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
13540599 | shares | |
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Net Income Loss
NetIncomeLoss
|
6461855 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2032180 | USD | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13863924 | shares |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | ||
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2639287 | USD |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.47 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
13611207 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
13547950 | shares |
us-gaap |
Interest Expense
InterestExpense
|
24917 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
29139 | USD | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3405695 | USD |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1208499 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6545445 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2282714 | USD | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
685884 | USD |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
51497 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83590 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
250534 | USD | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2719811 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1157002 | USD |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13549727 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13834013 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13542758 | shares | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
36364273 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
568817 | USD | |
hqi |
Common Stock Dividends
CommonStockDividends
|
-1496852 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
44 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6461855 | USD | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41898137 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31282082 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
565057 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
57 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2032180 | USD | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
33879376 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
39694150 | USD |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
300746 | USD |
CY2021Q2 | hqi |
Common Stock Dividends
CommonStockDividends
|
-816605 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
35 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2719811 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41898137 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32480013 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
242323 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
38 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1157002 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
33879376 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
6461855 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2032180 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
698836 | USD | |
hqi |
Net Cash Provided By Operating Activities Continuing Operations
NetCashProvidedByOperatingActivitiesContinuingOperations
|
9464486 | USD | |
hqi |
Net Cash Provided By Operating Activities Discontinuing Operations
NetCashProvidedByOperatingActivitiesDiscontinuingOperations
|
0 | USD | |
hqi |
Net Cash Provided By Operating Activities Discontinuing Operations
NetCashProvidedByOperatingActivitiesDiscontinuingOperations
|
201440 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11330263 | USD | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
6344529 | USD | |
hqi |
Allowance For Losse On Notes Receivable
AllowanceForLosseOnNotesReceivable
|
1600000 | USD | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-404982 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
20584401 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
20179419 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
342697 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
0 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
328000 | shares | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13611207 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13547950 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13607009 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13540599 | shares | |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1777 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
227004 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2159 | shares | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13863924 | shares |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-168486 | USD | |
hqi |
Increase Decrease In Risk Management Incentive Program Liability
IncreaseDecreaseInRiskManagementIncentiveProgramLiability
|
692955 | USD | |
hqi |
Increase Decrease In Risk Management Incentive Program Liability
IncreaseDecreaseInRiskManagementIncentiveProgramLiability
|
209688 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-575711 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-787765 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
877344 | USD | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13542758 | shares | |
CY2021Q2 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.060 | pure |
hqi |
Premiums Taxes And Fees
PremiumsTaxesAndFees
|
662000 | USD | |
hqi |
Commissions Rate
CommissionsRate
|
0.15 | pure | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
193000 | USD | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
100000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
64215 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1598673 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
568861 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
565114 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
406773 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
1748037 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-866009 | USD | |
hqi |
Workers Compensation Claim Payment Deposit
WorkersCompensationClaimPaymentDeposit
|
6908808 | USD | |
hqi |
Workers Compensation Claim Payment Deposit
WorkersCompensationClaimPaymentDeposit
|
0 | USD | |
us-gaap |
Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
|
-590654 | USD | |
us-gaap |
Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
|
911611 | USD | |
hqi |
Net Cash Provided By Operating Activities Continuing Operations
NetCashProvidedByOperatingActivitiesContinuingOperations
|
11330263 | USD | |
CY2020Q2 | hqi |
Franchise Royaltiy
FranchiseRoyaltiy
|
1089020 | USD |
hqi |
Franchise Royaltiy
FranchiseRoyaltiy
|
2776799 | USD | |
hqi |
Franchise Royaltiy
FranchiseRoyaltiy
|
2462895 | USD | |
CY2021Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
20000000 | USD |
CY2021Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
14300000 | USD |
us-gaap |
Increase Decrease In Other Loans
IncreaseDecreaseInOtherLoans
|
30000000 | USD | |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.030 | pure | |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2036-06-29 | ||
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
3200000 | USD | |
hqi |
Reimburesement Insurance Amount
ReimburesementInsuranceAmount
|
500000 | USD | |
hqi |
Collateral Deposits
CollateralDeposits
|
14300000 | USD | |
us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
5200000 | USD | |
CY2020 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
23638 | shares |
CY2020 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
146000 | USD |
hqi |
Additionally Restricted Shares
AdditionallyRestrictedShares
|
9454 | shares | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.10 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y2M4D | ||
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-591550 | USD | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-1070070 | USD | |
hqi |
Loss On Disposition Of Intangible Assets
LossOnDispositionOfIntangibleAssets
|
1222546 | USD | |
hqi |
Loss On Disposition Of Intangible Assets
LossOnDispositionOfIntangibleAssets
|
0 | USD | |
hqi |
Bargain Purchase Gain
BargainPurchaseGain
|
-4959169 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1329299 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8554362 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-513078 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-908839 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
17485 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1076961 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
692997 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
9665926 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
28814153 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | USD | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
710741 | USD | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
952212 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
997367 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
5261111 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
0 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
330715 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
1002858 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
797929 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
182101 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
325251 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
23978 | USD | |
hqi |
Net Change In Franchisee Deposits
NetChangeInFranchiseeDeposits
|
64256 | USD | |
hqi |
Net Change In Franchisee Deposits
NetChangeInFranchiseeDeposits
|
10711 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23994625 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-144722 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
3153500 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
477258 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
22186 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
37791 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
1496852 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
50000 | shares | |
CY2020 | us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
81943 | shares |
CY2020 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
539000 | USD |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
61868 | shares |
CY2020 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
25000 | shares |
CY2020 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
179000 | USD |
CY2021Q2 | hqi |
Vesting Price Rate
VestingPriceRate
|
0.50 | pure |
CY2021Q3 | hqi |
Vesting Price Rate
VestingPriceRate
|
0.0625 | pure |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
17082 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.10 | |
hqi |
Outstanding Beginnings
OutstandingBeginnings
|
3.36 | ||
hqi |
Outstanding Ending
OutstandingEnding
|
3.36 | ||
CY2020Q4 | hqi |
Sharebased Compensations Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationsArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
2188 | shares |
CY2020Q4 | hqi |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Exercise Price
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
|
5.50 | |
CY2020Q4 | hqi |
Sharebased Compensation Arrangements By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementsBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
3.05 | |
hqi |
Sharebased Compensation Arrangement By Sharebased Payment Award Option Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionVestedNumberOfShares
|
-2188 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
|
5.50 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
3.05 | ||
CY2021Q2 | hqi |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Exercise Price
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
|
5.50 | |
hqi |
Sharebased Compensation Arrangements By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value Ending
SharebasedCompensationArrangementsBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValueEnding
|
3.05 | ||
CY2021Q2 | us-gaap |
Share Price
SharePrice
|
18.51 | |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1100000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y2M12D | ||
CY2021Q2 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
3300000 | USD |
CY2020Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
2100000 | USD |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.201 | pure |
CY2020Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.043 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.013 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.110 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.210 | pure | |
CY2021Q1 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
5300000 | USD |
us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
4800000 | USD | |
CY2020 | us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
8100000 | USD |
CY2021Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
96000 | USD |
CY2020Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
176000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
231000 | USD | |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
374000 | USD | |
CY2021Q2 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
1640393 | USD |
CY2020Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
1640393 | USD |
CY2021Q2 | hqi |
Allowance For Losses
AllowanceForLosses
|
-1193359 | USD |
CY2020Q4 | hqi |
Allowance For Losses
AllowanceForLosses
|
-1193359 | USD |
CY2021Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
447034 | USD |
CY2020Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
447034 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1201576 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37791 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11462786 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
9558995 | USD | |
CY2020Q4 | us-gaap |
Cash
Cash
|
13667434 | USD |
CY2019Q4 | us-gaap |
Cash
Cash
|
4187450 | USD |
CY2021Q2 | us-gaap |
Cash
Cash
|
2204648 | USD |
CY2020Q2 | us-gaap |
Cash
Cash
|
13746445 | USD |
hqi |
Notes Received For Sale Of Branches
NotesReceivedForSaleOfBranches
|
1247040 | USD | |
hqi |
Notes Received For Sale Of Branches
NotesReceivedForSaleOfBranches
|
0 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
24917 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
29139 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
600678 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1665099 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">HireQuest, Inc. (together with its subsidiaries, “HQI,” the “Company,” “we,” us,” or “our”) is a nationwide franchisor of offices providing on-demand labor solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. Our franchisees provide various types of temporary personnel through two business models operating under the trade names “HireQuest Direct,” “HireQuest,” “Snelling,” “LINK Staffing,” and “DriverQuest.” HireQuest Direct specializes primarily in unskilled and semi-skilled industrial and construction personnel. HireQuest, Snelling, and Link specialize primarily in skilled and semi-skilled industrial personnel, clerical and administrative personnel, and permanent placement services. DriverQuest specializes in commercial drivers serving a variety of industries and applications.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On March 1, 2021, we completed our acquisition of Snelling Staffing and affiliates (“Snelling”). We acquired substantially all of the operating assets and assumed certain liabilities of Snelling for a purchase price of approximately $17.7 million subject to customary adjustments for net working capital. On March 22, 2021, we completed our asset acquisition of Link Staffing and affiliates (“Link”) in which we acquired all of the franchise relationships and certain other assets of Link for a purchase price of approximately $11.2 million. For additional information related to these transactions, see <em>Note 2 – Acquisitions</em>.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of June 30, 2021 we had 212 franchisee-owned offices in 35 states and the District of Columbia. We are the employer of record to approximately 80,000 employees annually, who in turn provide services to thousands of clients in various industries including construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail. We provide staffing, marketing, working capital funding, software, and administrative services to our franchisees.</p> | ||
CY2021Q1 | us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
11200000 | USD |
hqi |
Covid19 Pandemic Policy Tect Block
COVID19PandemicPolicyTectBlock
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In December 2019, a novel strain of coronavirus disease ("COVID-19") was first reported in Wuhan, China. Less than four months later, on March 11, 2020, the World Health Organization declared COVID-19 a pandemic. The extent of COVID-19's ultimate effect on our operational and financial performance and the collectability of our notes receivable will depend on future developments, including the duration, spread, and intensity of the pandemic, all of which are uncertain and difficult to predict. As a result, it is not currently possible to ascertain the overall impact of COVID-19 on our business. However, the pandemic has so far had a material adverse effect on our business and results of operations. If the pandemic continues to be a severe worldwide health crisis, it could continue to have a material adverse effect on our future business, results of operations, financial condition, and cash flows.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">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-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Significant estimates and assumptions underlie our workers’ compensation claim liabilities, our workers’ compensation risk management incentive program accrual, our deferred taxes, the reserve for losses on notes receivable, and the estimated fair value of assets acquired and liabilities assumed.</p> | ||
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5450506 | USD |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
8709541 | USD | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
342697 | USD |
hqi |
Non Vested Endings
NonVestedEndings
|
271142 | shares | |
hqi |
Weighted Average Grant Date Price Ending
WeightedAverageGrantDatePriceEnding
|
9.20 | ||
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
252716 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13549727 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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13834013 | shares | |
hqi |
Non Vested Beginning
NonVestedBeginning
|
258456 | shares | |
CY2021Q2 | hqi |
Franchised And Owned Branch Locations
FranchisedAndOwnedBranchLocations
|
212 | integer |
hqi |
Weighted Average Grant Date Price Beginning
WeightedAverageGrantDatePriceBeginning
|
7.21 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
44491 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
19.74 | ||
CY2021Q2 | hqi |
Franchise Royaltiy
FranchiseRoyaltiy
|
1163789 | USD |
CY2021Q2 | hqi |
Due To Franchisees
DueToFranchisees
|
816392 | USD |
CY2020Q4 | hqi |
Due To Franchisees
DueToFranchisees
|
435072 | USD |
CY2021Q2 | hqi |
Risk Management Incentive Program
RiskManagementIncentiveProgram
|
957278 | USD |
CY2020Q4 | hqi |
Risk Management Incentive Program
RiskManagementIncentiveProgram
|
499199 | USD |
hqi |
Share Based Compensation Arrangement By Share Based Payments Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentsAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
-31805 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
7.81 | ||
us-gaap |
Line Of Credit Facility Description
LineOfCreditFacilityDescription
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The line of credit and swingline loans bear interest at a variable rate equal to: (a) for LIBOR index rate loans,] the Daily One Month London Interbank Offering Rate, or LIBOR, plus a margin between 1.25% and 1.75% per annum or; (b), for base rate loans, the then applicable base rate plus a margin between 0.25% and 0.75% per annum. The margin is determined based on our average excess availability, which is generally equal to our total collateral less the outstanding balance, if any, under the loan agreement. At June 30, 2021 the effective interest rate was approximately 2.7%. A non-use fee of 0.250% accrues on the unused portion of the line of credit. As collateral for repayment of any and all obligations under this agreement, we granted Truist a security interest in substantially all of our operating assets and the operating assets of our subsidiaries. This agreement, and other loan documents, contain customary representations and warranties, affirmative and negative covenants, including without limitation, those covenants governing indebtedness, liens, fundamental changes, restrictions on certain payments, including dividends, unless certain conditions are met, transactions with affiliates, investments, and the sale of assets. This agreement requires us to comply with a fixed charge coverage ratio of at least 1.25:1.00, and a leverage ratio of not more than 3.0:1.0 | ||
us-gaap |
Officers Compensation
OfficersCompensation
|
500000 | USD | |
hqi |
Estimated Future Claims Losses And Expenses At The End Of The Period
EstimatedFutureClaimsLossesAndExpensesAtTheEndOfThePeriod
|
500000 | USD | |
hqi |
Snelling Transaction Amount
SnellingTransactionAmount
|
7200000 | USD | |
CY2019Q3 | us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
42211 | shares |
CY2019Q3 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
845000 | USD |
CY2021Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
40176 | shares |
CY2019Q3 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
2035 | shares |
us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
2280 | shares | |
us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
34000 | USD | |
CY2020 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
20075 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
17082 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.10 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
17082 | shares |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
212072 | USD |
us-gaap |
Description Of Interest Rate Risk Exposure
DescriptionOfInterestRateRiskExposure
|
Notes receivable generally bear interest at a fixed rate between 6.0% and 10.0%. Notes receivable are generally secured by the assets of each office and the ownership interests in the franchise |