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GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - Schedule of Goodwill - USD ($) $ in Thousands	Dec. 31, 2024	Jul. 11, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Balance		$ 86,011
Balance	$ 94,724

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

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+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 94,724	$ 86,011
Acquisition	8,713
Amortization of intangible assets	16,222	13,623
Cost, Amortization	200	$ 418
Goodwill and Intangible Asset Impairment	$ 0
Finite-Lived Intangible Assets, Amortization Method	straight-line method	straight-line method
Finite-lived Intangible Assets Acquired	$ 23,454

- Definition

+ References

+ Details

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS


	2023		Acquisitions		2024
Goodwill	$	86,011	$	8,713	$	94,724

We believe significant synergies are expected to arise from our strategic acquisitions and their assembled work forces. This factor contributed to a purchase price that was in excess of the fair value of the net assets acquired and, as a result, we recorded goodwill for each acquisition. A portion of acquired goodwill will be amortizable for tax purposes. As of December 31, 2024, there has been no impairment of goodwill based on the qualitative assessments we have performed.


Gross Intangible Assets	2023		Acquisitions		2024
Customer relationships	$	127,843	$	20,254	$	148,097
Developed technology	12,001		3,200		15,201
Trade names	880		—		880
Non-compete agreements	1,032		—		1,032
	$	141,756	$	23,454	$	165,210

The gross carrying amount and accumulated amortization of our intangible assets as of December 31, 2024 and 2023, are as follows (in thousands, except weighted average periods):


	Weighted Average Amortization Period (in Years)	Gross		Accumulated Amortization		Net
December 31, 2024
Customer relationships	8.6	$	148,097	$	(83,074)	$	65,023
Developed technology	6.5	15,201		(11,201)		4,000
Trade names	4.3	880		(880)		—
Non-compete agreements	5.2	1,032		(941)		91
	8.3	$	165,210	$	(96,096)	$	69,114

December 31, 2023
Customer relationships	8.5	$	127,843	$	(67,165)	$	60,678
Developed technology	6.9	12,001		(10,701)		1,300
Trade names	4.3	880		(880)		—
Non-compete agreements	5.2	1,032		(928)		104
	8.4	$	141,756	$	(79,674)	$	62,082

We record amortization expenses using the straight-line method over the estimated useful lives of the intangible assets, as noted above. Amortization expenses recorded in operating expenses were $16,222 and $13,623 for the years ended December 31, 2024 and 2023, respectively. Amortization expenses recorded in cost of sales were $200 and $418 for the years ended December 31, 2024 and 2023, respectively. There was no impairment of intangibles during the year ended December 31, 2024, based on the qualitative assessment we performed. However, if market, political and other conditions over which we have no control continue to affect the capital markets and our stock price declines, we may experience an impairment of our intangibles in future quarters.

The following table summarizes the future estimated amortization expense relating to our intangible assets as of December 31, 2024 (in thousands):


2025	$	16,897
2026	13,802
2027	11,607
2028	10,162
2029	7,999
Thereafter	8,647
	$	69,114

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 21,425	$ 30,317
Accounts receivable, net of allowance for credit losses of $6,328 and $4,787 at December 31, 2024, and December 31, 2023, respectively	18,154	14,202
Inventory	195	155
Prepaid expenses and other current assets	4,888	3,471
Total current assets before funds held for clients	44,662	48,145
Funds held for clients	192,615	219,075
Total current assets	237,277	267,220
Property and equipment, net	19,669	14,517
Goodwill	94,724	86,011
Intangible assets, net	69,114	62,082
Operating lease assets, net	4,041	4,991
Other assets, net	11,813	9,047
Total assets	436,638	443,868
Current liabilities:
Current portion of notes payable	7,008	27
Accounts payable	1,364	2,570
Accrued compensation and benefits	4,485	6,519
Operating lease liabilities, current	1,438	1,490
Other accrued liabilities	6,600	3,862
Deferred revenue	8,363	6,853
Total current liabilities before client fund obligations	29,258	21,321
Client fund obligations	194,378	220,019
Total current liabilities	223,636	241,340
Long-term liabilities:
Deferred revenue	3,430	16
Deferred tax liability	2,612	1,728
Notes payable, net of current portion	5,709	4,282
Operating lease liabilities, noncurrent	3,578	4,638
Other liabilities	358	209
Total long-term liabilities	15,687	10,873
Total liabilities	239,323	252,213
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 1,500 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 44,000 shares authorized; 26,671 and 25,382 shares issued, 26,671 and 24,998 shares outstanding at December 31, 2024, and December 31, 2023, respectively	267	254
Treasury stock at cost, zero(1) and 384 shares at December 31, 2024, and December 31, 2023, respectively	0	(5,017)
Additional paid-in capital	504,849	487,973
Accumulated deficit	(307,226)	(290,440)
Accumulated other comprehensive loss	(575)	(1,115)
Total stockholders’ equity	197,315	191,655
Total liabilities and stockholders’ equity	$ 436,638	$ 443,868

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net loss	$ (11,773)	$ (9,214)
Adjustments to reconcile loss to net cash provided by operations:
Depreciation and amortization	22,142	19,135
Amortization of operating lease assets	1,386	1,481
Amortization of debt financing costs and discount	726	820
Non-cash interest expense	298	1,471
Net accretion of discounts and amortization of premiums on available-for-sale securities	(377)	(119)
Provision for expected losses	46	2,047
Provision for deferred income taxes	884	225
Loss on extinguishment of debt	0	990
Net realized gains on sales of available-for-sale securities	(2,609)	(2,257)
Share-based compensation	6,444	5,430
Loss on disposals of long-term assets	0	132
Change in fair value of contingent purchase consideration	0	175
Changes in operating assets and liabilities:
Accounts receivable	(3,998)	(4,126)
Inventory	(41)	97
Prepaid expenses and other assets	(1,886)	5,101
Operating lease right-of-use assets	0	546
Accounts payable	(1,206)	376
Accrued expenses and other long-term obligations	(1,103)	87
Operating lease liabilities	(1,555)	(1,118)
Deferred revenue	2,010	(2,379)
Net cash provided by operating activities	9,388	18,900
Cash flows from investing activities:
Acquisition of intangible assets	(13,256)	(7,651)
Purchases of property and equipment	(692)	(1,585)
Software capitalization costs	(10,187)	(7,027)
Purchases of available-for-sale securities	(15,643)	(27,647)
Proceeds from sales and maturities of available-for-sale securities	20,522	14,385
Net cash used in investing activities	(19,256)	(29,525)
Cash flows from financing activities:
Proceeds from notes payable, net of issuance costs	4,995	0
Payments of notes payable	(420)	(35,627)
Debt extinguishment costs	0	(250)
Net proceeds from issuance of common stock	1,370	46,800
Capital raise fees	(132)	(338)
Payments made on amounts due for the acquisition of intangibles	(1,513)	(311)
Net change in client fund obligations	(26,342)	13,931
Net cash provided by (used in) financing activities	(22,042)	24,205
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents	(31,910)	13,580
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period	177,622	164,042
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period	145,712	177,622
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents to the Consolidated Balance Sheets
Cash and cash equivalents	21,425	30,317
Restricted cash and restricted cash equivalents included in funds held for clients	124,287	147,305
Total cash, cash equivalents, restricted cash, and restricted cash equivalents	145,712	177,622
Supplemental information:
Cash paid for interest	0	3,140
Cash paid for income taxes	18	432
Non-cash investing and financing activities:
Acquisition of intangible assets	5,338	357
Notes payable issued for acquisitions	3,107	1,209
Shares issued for acquisitions	$ 9,125	$ 2,543

LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure Text Block [Abstract]

Lease, Cost [Table Text Block]

The components of the rent expense for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Operating lease cost	$	1,948	$	2,397
Sublease income	(4)		(18)
Net rent expense	$	1,944	$	2,379

Supplemental cash flow information related to operating leases for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	2,106	$	2,556
Non-cash operating activities:
Operating lease assets obtained or removed in exchange for new, modified or terminated operating lease liabilities	$	419	$	(546)

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Future minimum commitments over the life of all operating leases, which exclude variable rent payments, are as follows (in thousands):


2025	$	1,866
2026	1,302
2027	1,088
2028	1,023
2029	683
Thereafter	235
Total minimum lease payments	6,197
Less: imputed interest	(1,181)
Total lease liabilities	$	5,016

Commitment and Contingencies

12 Months Ended

Dec. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure

COMMITMENTS AND CONTINGENCIES

Lease Commitments

We have entered into office space lease agreements, which qualify as operating leases under ASU No. 2016-02, “Leases (Topic 842)”. Under such leases, we have commitments to pay annual minimum (base) rent. The leases have original terms (excluding extension options) ranging from one year to ten years. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants.

We record base rent expense under the straight-line method over the term of the lease. In the accompanying Consolidated Statements of Comprehensive Loss, rent expense is included in operating expenses under general and administrative expenses. The components of the rent expense for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Operating lease cost	$	1,948	$	2,397
Sublease income	(4)		(18)
Net rent expense	$	1,944	$	2,379

For purposes of calculating the operating lease assets and lease liabilities, extension options are not included in the lease term unless it is reasonably certain we will exercise the option, or the lessor has the sole ability to exercise the option. The weighted average discount rate of our operating leases is 10% as of December 31, 2024 and 2023. The weighted average remaining lease term is four years and five years as of December 31, 2024 and 2023, respectively.

Supplemental cash flow information related to operating leases for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	2,106	$	2,556
Non-cash operating activities:
Operating lease assets obtained or removed in exchange for new, modified or terminated operating lease liabilities	$	419	$	(546)

Future minimum commitments over the life of all operating leases, which exclude variable rent payments, are as follows (in thousands):


2025	$	1,866
2026	1,302
2027	1,088
2028	1,023
2029	683
Thereafter	235
Total minimum lease payments	6,197
Less: imputed interest	(1,181)
Total lease liabilities	$	5,016

Contingencies

Although we have been, are, and in the future may be, the defendant or plaintiff in various actions arising in the normal course of business, as of December 31, 2024, we were not currently a party to any material legal proceedings

LEASES (Details) - Lessee, Operating Lease, Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$ 2,106	$ 2,556
LEASES (Details) [Line Items]
Right-of-Use Asset Obtained (Removed) In Exchange For Operating Lease Liability	$ 419	$ (546)
Minimum [Member]
LEASES (Details) [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
LEASES (Details) [Line Items]
Lessee, Operating Lease, Term of Contract	10 years

NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

The following table summarizes our gross outstanding debt as of the dates indicated (in thousands):


	Maturity	Cash Interest Rate	December 31, 2024		December 31, 2023
Notes Payable – Acquisitions(1)	10/01/25 - 07/01/29	2.00% - 5.00%	$	9,943	$	5,700
Notes Payable – Other	11/01/25	10.00%	5,000		—
Total Notes Payable			$	14,943	$	5,700

(1)See Note 2 — Business Combinations and Asset Acquisitions for further discussion regarding the notes payable related to acquisitions.

The following table summarizes the debt issuance costs as of the dates indicated (in thousands):


	Gross Notes Payable		Debt Issuance Costs and Debt Discount		Net Notes Payable
December 31, 2024
Current portion of notes payable	$	7,578	$	(570)	$	7,008
Notes payable, net of current portion	7,365		(1,656)		5,709
Total	$	14,943	$	(2,226)	$	12,717

December 31, 2023
Current portion of notes payable	$	420	$	(393)	$	27
Notes payable, net of current portion	5,280		(998)		4,282
Total	$	5,700	$	(1,391)	$	4,309

Schedule of Maturities of Long-term Debt [Table Text Block]

The following table summarizes the future principal payments related to our outstanding debt as of December 31, 2024 (in thousands):


2025	$	7,578
2026	4,365
2027	—
2028	—
2029	3,000
Total	$	14,943

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - Schedule of Intangible Assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Intangible Asset, Gross	$ 165,210	$ 141,756
Intangible Asset, Accumulated Amortization	(96,096)	(79,674)
Intangible Asset, Net	69,114	$ 62,082
Finite-lived Intangible Assets Acquired	$ 23,454
Finite-Lived Intangible Asset, Useful Life	8 years 3 months 18 days	8 years 4 months 24 days
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Asset, Gross	$ 15,201	$ 12,001
Intangible Asset, Accumulated Amortization	(11,201)	(10,701)
Intangible Asset, Net	4,000	$ 1,300
Finite-lived Intangible Assets Acquired	$ 3,200
Finite-Lived Intangible Asset, Useful Life	6 years 6 months	6 years 10 months 24 days
Customer Lists
Finite-Lived Intangible Assets [Line Items]
Intangible Asset, Gross	$ 148,097	$ 127,843
Intangible Asset, Accumulated Amortization	(83,074)	(67,165)
Intangible Asset, Net	65,023	60,678
Finite-lived Intangible Assets Acquired	20,254
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Asset, Gross	880	880
Intangible Asset, Accumulated Amortization	(880)	(880)
Intangible Asset, Net	0	$ 0
Finite-lived Intangible Assets Acquired	$ 0
Finite-Lived Intangible Asset, Useful Life	4 years 3 months 18 days	4 years 3 months 18 days
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Asset, Gross	$ 1,032	$ 1,032
Intangible Asset, Accumulated Amortization	(941)	(928)
Intangible Asset, Net	91	$ 104
Finite-lived Intangible Assets Acquired	$ 0
Finite-Lived Intangible Asset, Useful Life	5 years 2 months 12 days	5 years 2 months 12 days
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years 7 months 6 days	8 years 6 months

NET LOSS PER SHARE (Details) - Components of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Earnings Per Share [Abstract]
Net loss	$ (11,773)	$ (9,214)
Weighted average shares of common stock outstanding, basic (in shares)	26,054	22,138
Weighted average shares of common stock outstanding, diluted (in shares)	26,054	22,138
Basic loss per share (in Dollars per share)	$ (0.45)	$ (0.42)
Diluted loss per share (in Dollars per share)	$ (0.45)	$ (0.42)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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-URI https://asc.fasb.org/1943274/2147479168/946-830-55-10

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+ Details

LEASES (Details)	Dec. 31, 2024	Dec. 31, 2023
LEASES (Details) [Line Items]
Operating Lease, Weighted Average Discount Rate, Percent	10.00%	10.00%
Operating Lease, Weighted Average Remaining Lease Term	4 years	5 years
Minimum [Member]
LEASES (Details) [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
LEASES (Details) [Line Items]
Lessee, Operating Lease, Term of Contract	10 years

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits	$ 552	$ 649	$ 566
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions	0	45
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	0	64
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	(97)	(26)
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	20
Income Tax Examination, Penalties and Interest Expense	5	5
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	2,388
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration	19,024
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	2,135	1,681
Deferred Tax Assets, Property, Plant and Equipment	24	0
Deferred Tax Assets, Deferred Income	326	1
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities	1,314	1,581
Deferred Tax Assets, Other	34	3
Deferred Tax Assets, Gross	26,467	23,420
Deferred Tax Assets, Valuation Allowance	(18,497)	(16,109)
Deferred Tax Assets, Net of Valuation Allowance	7,970	7,311
Deferred Tax Liabilities, Property, Plant and Equipment	0	(167)
Deferred Tax Liabilities, Deferred Expense	(3,236)	(2,660)
Deferred Tax Liabilities, Leasing Arrangements	(1,059)	(1,288)
Deferred Tax Liabilities, Goodwill	(6,287)	(4,924)
Deferred Tax Liabilities, Gross	(10,582)	(9,039)
Deferred Tax Liabilities, Net	(2,612)	(1,728)
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	(2,276)	(1,912)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	(377)	(686)
Effective Income Tax Rate Reconciliation, Tax Credit, Amount	759	(800)
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount	0	591
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	2,297	3,281
Income tax expense	933	109
Deferred Tax Assets, Operating Loss Carryforwards	10,914	11,643
Deferred Tax Assets, Tax Credit Carryforwards, Other	3,500	4,255
Current State and Local Tax Expense (Benefit)	40	(59)
Current Income Tax Expense (Benefit)	49	(116)
Deferred Federal Income Tax Expense (Benefit)	532	184
Deferred State and Local Income Tax Expense (Benefit)	352	41
Deferred Income Tax Expense (Benefit)	884	225
Current Federal Tax Expense (Benefit)	9	(57)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-Based Payment Arrangement, Amount	109	(428)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	76	7
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Officer Compensation, Amount	345	56
Deferred Tax Assets, Goodwill and Intangible Assets	2,722	857
Deferred Tax Assets, Capitalized Software	3,254	2,012
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Other	$ 2,244	$ 1,387
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Limitations on Use, Percent of Taxable Income	80.00%
Domestic Tax Jurisdiction
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$ 46,576
Deferred Tax Assets, Tax Credit Carryforwards, Research	3,570
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	46,576
Deferred Tax Assets, Tax Credit Carryforwards, Research	3,570
State and Local Jurisdiction
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	20,565
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	20,565
Deferred Tax Assets, Tax Credit Carryforwards	$ 601

INVESTMENTS AND FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

INVESTMENTS AND FAIR VALUE MEASUREMENT

INVESTMENTS AND FAIR VALUE MEASUREMENTS

ASC 820 “Fair Value Measurement” (ASC 820) defines fair value, establishes a framework for measuring fair value under U.S. GAAP and enhances disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 describes a fair value hierarchy based on the following three levels of inputs that may be used to measure fair value, of which the first two are considered observable and the last unobservable:


Level 1:						Quoted prices in active markets for identical assets or liabilities;

Level 2:						Quoted prices in active markets for similar assets or liabilities; quoted prices in markets that are not active for identical or similar assets or liabilities; and model-driven valuations whose significant inputs are observable; and

Level 3:						Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The following table presents the fair value hierarchy for our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2024, and December 31, 2023, respectively (in thousands):


	Total Carrying Value		Level 1		Level 2		Level 3
December 31, 2024
Assets:
Funds held for clients
Money market funds	$	8,105	$	8,105	$	—	$	—
Available-for-sale securities	68,328		—		68,328		—
Total	$	76,433	$	8,105	$	68,328	$	—

December 31, 2023
Assets:
Funds held for clients
Money market funds	$	3,431	$	3,431	$	—	$	—
Available-for-sale securities	71,770		—		71,770		—
Total	$	75,201	$	3,431	$	71,770	$	—

Restricted cash equivalents and investments classified as available-for-sale within funds held for clients consisted of the following (in thousands):


	Amortized Cost		Gross Unrealized Gains (1)		Gross Unrealized Losses (1)		Aggregate Estimated Fair Value
December 31, 2024
Restricted cash equivalents	$	8,115	$	—	$	(10)	$	8,105
Available-for-sale securities:
Certificates of deposit	—		—		—		—
Corporate debt securities	63,253		164		(619)		62,798
Municipal bonds	3,194		—		(104)		3,090
U.S. Government agency securities	2,449		6		(15)		2,440
Total available-for-sale securities	68,896		170		(738)		68,328

Total(2)	$	77,011	$	170	$	(748)	$	76,433

December 31, 2023
Restricted cash equivalents	$	3,447	$	—	$	(16)	$	3,431
Available-for-sale securities:
Certificates of deposit	845		2		(1)		846
Corporate debt securities	67,277		258		(1,090)		66,445
Municipal bonds	4,251		—		(239)		4,012
U.S. Government agency securities	500		—		(33)		467
Total available-for-sale securities	72,873		260		(1,363)		71,770

Total(2)	$	76,320	$	260	$	(1,379)	$	75,201

(1)Unrealized gains and losses on available-for-sale securities are included as a component of comprehensive loss. As of December 31, 2024, and December 31, 2023, there were 45 and 54 securities, respectively, in an unrealized gain position and there were 89 and 113 securities in an unrealized loss position, respectively. As of December 31, 2024, these unrealized losses were less than $38 individually and $738 in the aggregate. As of December 31, 2023, these unrealized losses were less than $61 individually and $1,363 in the aggregate. We invest in high quality securities with roughly 64% of our portfolio made up of A ratings and above with unrealized losses primarily attributable to macroeconomic factors rather than credit related. We have no material individual securities that have been in a continuous unrealized loss position greater than twelve months. We do not intend to sell these investments, and we do not expect to sell these investments before recovery of their amortized cost basis, which may be at maturity. We review our investments to identify and evaluate investments that indicate possible credit losses. Factors considered in determining whether a loss is a credit loss include the length of time and extent to which fair value has been less than the cost basis, the financial condition and near-term prospects of the investee, and our intent and ability to hold the investment for a period of time sufficient to allow for any anticipated recovery in market value.

(2)At December 31, 2024, and December 31, 2023, none of these securities were classified as cash and cash equivalents on the accompanying Consolidated Balance Sheets.

Funds held for clients represent assets that we have classified as restricted for use solely for the purposes of satisfying the obligations to remit funds relating to our payroll and payroll tax filing services, which are classified as client funds obligations on our Consolidated Balance Sheets.

Funds held for clients have been invested in the following categories (in thousands):


	2024		2023
Restricted cash and cash equivalents held to satisfy client funds obligations	$	124,287	$	147,305
Restricted short-term marketable securities held to satisfy client funds obligations	5,273		10,042
Restricted long-term marketable securities held to satisfy client funds obligations	63,055		61,728
Total funds held for clients	$	192,615	$	219,075

Expected maturities of available-for-sale securities as of December 31, 2024, are as follows (in thousands):


One year or less	$	5,273
After one year through five years	63,055
	$	68,328

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

Commitment and Contingencies (Details)	Dec. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Operating Lease, Weighted Average Discount Rate, Percent	10.00%	10.00%

SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

SEGMENT INFORMATION

We manage our business activities on a consolidated basis and operate as one reportable segment. Our chief operating decision maker (“CODM”) is its Chairman and Chief Executive Officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated net loss, as reported on our Consolidated Statements of Comprehensive Loss, to assess financial performance and allocate resources. These financial metrics are used by the CODM to make key operating decisions, such as the allocation of budget between cost of sales, sales and marketing, general and administrative, and research and development expenses. The CODM does not review assets in evaluating the results of the segment, and therefore, such information is not presented.

The operating financial results of our single reportable segment for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Total revenues	$	119,792	$	119,082

Significant segment expenses
Compensation	83,547		73,095
Non-compensation	30,792		34,668
Deferred software and commission costs	(12,398)		(10,249)
Amortization, depreciation, and other noncash expenses	29,522		24,676
Other segment expenses	102		6,106
Total expenses	131,565		128,296
Net loss	$	(11,773)	$	(9,214)

See the consolidated financial statements for other financial information regarding our reportable segment.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Other Comprehensive Loss
BALANCE at beginning of period (in shares) at Dec. 31, 2022		20,244
BALANCE at beginning of period at Dec. 31, 2022	$ 145,066	$ 206	$ (5,017)	$ 433,586	$ (281,226)	$ (2,483)
Stock issued upon option exercise and vesting of restricted stock units (in shares)		604
Stock issued upon option exercise and vesting of restricted stock units	3,020	$ 6		3,014
Stock issued, ESPP (in shares)		103
Stock issued, ESPP	540	$ 1		539
Shares issued, net of issuance costs (in shares)		4,047
Shares issued, net of issuance costs	45,445	$ 41		45,404
Share based compensation	5,430			5,430
Net loss	(9,214)				(9,214)
Other comprehensive income	1,368					1,368
BALANCE at end of period (in shares) at Dec. 31, 2023		24,998
BALANCE at end of period at Dec. 31, 2023	$ 191,655	$ 254	(5,017)	487,973	(290,440)	(1,115)
Stock issued upon option exercise and vesting of restricted stock units (in shares)	104	532
Stock issued upon option exercise and vesting of restricted stock units	$ 694	$ 6		688
Stock issued, ESPP (in shares)		116
Stock issued, ESPP	676	$ 1		675
Share based compensation	6,444			6,444
Stock issued for acquisitions (in shares)		1,025
Stock issued for acquisitions	9,079	$ 10		9,069
Retirement and reissuance of treasury shares	0	$ (4)	5,017		(5,013)
Net loss	(11,773)				(11,773)
Other comprehensive income	540					540
BALANCE at end of period (in shares) at Dec. 31, 2024		26,671
BALANCE at end of period at Dec. 31, 2024	$ 197,315	$ 267	$ 0	$ 504,849	$ (307,226)	$ (575)

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenue:
Cost of sales	$ 37,685	$ 33,545
Gross profit	82,107	85,537
Operating expenses:
Sales and marketing	28,316	28,734
General and administrative	40,499	39,333
Research and development	7,807	6,846
Amortization of intangible assets	16,222	13,623
Total operating expenses	92,844	88,536
Loss from operations	(10,737)	(2,999)
Interest income	913	1,342
Interest expense	(1,024)	(5,639)
Loss on extinguishment of debt	0	(1,517)
Other income (expense), net	8	(292)
Loss from operations before income taxes	(10,840)	(9,105)
Income tax expense	933	109
Net loss	(11,773)	(9,214)
Other comprehensive income:
Unrealized gain on marketable securities	540	1,368
Comprehensive loss	$ (11,233)	$ (7,846)
Basic and diluted loss per share
Basic (in Dollars per share)	$ (0.45)	$ (0.42)
Diluted (in Dollars per share)	$ (0.45)	$ (0.42)
Weighted average basic and diluted shares
Basic (in shares)	26,054	22,138
Diluted (in shares)	26,054	22,138
Recurring
Revenue:
Total revenue	$ 114,471	$ 99,734
Professional services, hardware and other
Revenue:
Total revenue	$ 5,321	$ 19,348

STOCKHOLDERS' EQUITY, EMPLOYEE BENEFIT PLANS AND SHARE-BASED COMPENSATION

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

STOCKHOLDERS' EQUITY, EMPLOYEE BENEFIT PLANS AND SHARE-BASED COMPENSATION

STOCKHOLDERS’ EQUITY, EMPLOYEE BENEFIT PLANS AND SHARE-BASED COMPENSATION

Shelf Registration

In April 2024, we filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”) to provide access to additional capital, if needed. Pursuant to the shelf registration statement, we may from time to time offer to sell in one or more offerings shares of our common stock or other securities having an aggregate value of up to $150,000. The shelf registration statement relating to these securities became effective on April 19, 2024. As of December 31, 2024, there is $150,000 available under the shelf registration statement.

On October 31, 2024, we entered into a Sales Agreement (the “Sales Agreement”) with Roth Capital Partners, LLC (“Roth”). The Sales Agreement provides for the offer and sale of up to $25,000 of our newly issued common stock as registered under the April 2024 shelf registration, from time to time through an “at the market offering” program. We will specify the parameters for the sale of the shares of common stock, including the number of shares to be issued, the time period during which sales are requested to be made, any limitation on the number of shares that may be sold in any one trading day and any minimum price below which sales may not be made. We may offer and sell up to $25,000 of shares of common stock pursuant to the Sales Agreement. Actual sales of common stock under the Sales Agreement will depend on a variety of factors including, among other things, market conditions, the trading price of the common stock and potential funding needs. As a result, the full amount of capital may not be fully realized. We intend to use the net proceeds from these at-market offerings, if any, for general corporate purposes. Our general corporate purposes include, but are not limited to, repayment or refinancing of debt, capital expenditures, funding possible acquisitions, working capital and satisfaction of other obligations. As of December 31, 2024, there are $25,000 of shares of common stock available for issuance under this agreement.

On August 16, 2023, we entered into an underwriting agreement (the “Underwriting Agreement”) with Stifel, Nicolaus & Company, Incorporated and Craig-Hallum Capital Group LLC, as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to a firm commitment offering of 3,333 newly issued shares of our common stock at a public offering price of $12.00 per share (the “2023 Offering”). On August 21, 2023, we completed the 2023 Offering, and realized net proceeds of $37,395, after deducting underwriting discounts and offering expenses of $2,605. Additionally, on August 30, 2023, the Underwriters exercised their option to purchase an additional 500 shares of our common stock, and we realized net proceeds of $5,507, after deducting underwriting discounts and offering expenses of $493.

Also in April 2024, we filed an acquisition shelf registration statement on Form S-4 with the SEC to allow for us to issue securities in future business combinations. Pursuant to the acquisition shelf registration statement, we may from time to time issue up to 12,500 shares of our common stock as consideration in future business combinations. The shelf registration statement relating to these securities became effective on April 19, 2024. As of December 31, 2024, there are 11,925 shares of common stock available for issuance under this acquisition shelf registration statement.

Share Repurchase Program

On December 12, 2023, the Board of Directors amended and restated our prior Stock Repurchase Plan to authorize us to purchase up to $10,000 in shares of our common stock, but no more than $1,500 in shares of our common stock during any calendar quarter. Share repurchases must occur during an open trading window under our insider trading policy and the number of shares that we can purchase on any trading day may not exceed 10% of the trading volume on such trading day. The Stock Repurchase Plan sunsets on September 30, 2025.

Under the Stock Repurchase Plan, we may repurchase shares in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The extent to which we repurchase our shares, and the timing of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by management. The repurchase program may be extended, suspended or discontinued at any time. We expect to finance the program from existing cash resources.

Stock and Stock Option Plans

We have one active equity plan, the 2018 Incentive Award Plan (the “2018 Plan”).

Employees and consultants of the Company, its subsidiaries and affiliates, as well as members of our board, are eligible to receive awards under the 2018 Plan. The 2018 Plan provides for the grant of stock options, including incentive stock options (“ISOs”) and nonqualified stock options (“NQSOs”), stock appreciation rights, restricted stock, restricted stock units (“RSUs”), performance bonus awards, performance stock unit awards (“PSUs”), other stock or cash-based awards and dividend equivalents to eligible individuals. We generally grant stock options with exercise prices equal to the fair market value at the time of grant. The options generally vest over three to four years and are exercisable for a period of five to ten years beginning with the date of grant.

The number of shares available for issuance under the 2018 Plan is 4,748 shares. We have 1,283 options, 754 RSUs, and 368 PSUs granted and outstanding pursuant to the 2018 Plan as of December 31, 2024.

We use the Black-Scholes option valuation model to value employee stock awards. We estimate stock price volatility based upon our historical volatility. Estimated option life and forfeiture rate assumptions are derived from historical data. For stock-based compensation awards with graded vesting, we recognize compensation expense using the straight-line amortization method.

Total compensation expense recognized in the Consolidated Statements of Comprehensive Loss for stock based awards was $6,444 and $5,430 for 2024 and 2023, respectively.

The following table summarizes the weighted average assumptions used to develop their fair value for the years ended December 31:


	2024 (1)			2023
Grant date fair value	$	—		$	5.30
Risk-free interest rate	—		%	3.63		%
Expected volatility	—		%	52		%
Expected life (in years)	0.00			3.35
Dividend yield	—			—

(1) No employee stock options granted in 2024.

As of December 31, 2024, we reserved shares of common stock for future issuance under the 2018 Plan as follows (in thousands):


Options, PSUs and RSUs outstanding			2,406
Shares available for future grant			1,015
Shares reserved			3,421

The following table summarizes activity related to options during the year ended December 31, 2024:


	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding, beginning of year	1,397	$	7.30
Granted	—	—
Exercised	(104)	6.65
Cancelled	(10)	6.76
Outstanding, end of year	1,283	$	7.36	1.49	$	2,673

Vested and expected to vest	1,281	$	7.36	1.49	$	2,670
Exercisable	1,244	$	7.35	1.45	$	2,586

The total intrinsic value of options exercised during the years ended December 31, 2024 and 2023, was $225 and $2,154, respectively. As of December 31, 2024, total compensation cost not yet recognized related to nonvested share options was $108, which is expected to be recognized over a weighted average period of 0.68 years.

The following table summarizes activity related to RSUs during the year ended December 31, 2024 (in thousands, except for weighted average grant date fair value):


	Shares	Weighted Average Grant Date Fair Value
Outstanding, beginning of year	519	$	10.87
Granted	571	9.19
Vested	(319)	10.91
Forfeited	(17)	10.17
Outstanding, end of year	754	$	9.59

The total fair value of RSUs vested during the years ended December 31, 2024 and 2023, was $3,481 and $2,126, respectively. As of December 31, 2024, total compensation cost not yet recognized related to nonvested RSUs was $4,335, which is expected to be recognized over a weighted average period of 1.90 years.

The following table summarizes activity related to PSUs during the year ended December 31, 2024 (in thousands, except for weighted average grant date fair value):


	Shares	Weighted Average Grant Date Fair Value
Outstanding, beginning of year	304	$	9.49
Granted	220	9.04
Performance adjustments	(47)	9.15
Vested	(109)	9.49
Forfeited	—	—
Outstanding, end of year	368	$	9.26

As of December 31, 2024, total compensation cost not yet recognized related to nonvested PSUs was $682 which is expected to be recognized over a weighted average period of 1.68 years.

As of December 31, 2024, we had 1,015 shares available for grant pursuant to the 2018 Plan.

401(k) Savings Plan

We sponsor a defined contribution 401(k) plan that is available to substantially all employees. Our Board of Directors may amend or terminate the plan at any time. Defined contribution plan expense was $2,061 and $1,705 during the years ended December 31, 2024 and 2023, respectively.

Employee Stock Purchase Plan

Our Employee Stock Purchase Plan (“Purchase Plan”) was approved by the stockholders in June 2017. The Purchase Plan allows all eligible employees to purchase a limited number of shares of our common stock during pre-specified offering periods at a discount established by the Board of Directors, not to exceed 15% of the fair market value of the common stock, at the beginning or end of the offering period (whichever is lower). Under the ESPP, 875 shares were reserved for issuance of which there remains 409 shares available for future issuance.

LEASES (Details) - Lessee, Operating Lease, Liability, Maturity $ in Thousands	Dec. 31, 2024 USD ($)
Lessee, Operating Lease, Liability, Maturity [Abstract]
Lessee, Operating Lease, Liability, to be Paid, Year One	$ 1,866
Lessee, Operating Lease, Liability, to be Paid, Year Two	1,302
Lessee, Operating Lease, Liability, to be Paid, Year Three	1,088
Lessee, Operating Lease, Liability, to be Paid, Year Four	1,023
Lessee, Operating Lease, Liability, to be Paid, Year Five	683
Operating Lease, Liability	5,016
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(1,181)
Lessee, Operating Lease, Liability, to be Paid, after Year Five	235
Lessee, Operating Lease, Liability, to be Paid, Total	$ 6,197

SEGMENT INFORMATION - Narrative (Details) - segment	12 Months Ended
SEGMENT INFORMATION - Narrative (Details) - segment	Dec. 31, 2024	Dec. 31, 2023
Segment Reporting [Abstract]
Number of Reportable Segments	1
Segment Reporting, No Asset Information [true false]	true	true

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant, and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Furniture and Fixtures, Gross	$ 8,273	$ 7,950
Capitalized Computer Software, Gross	31,305	25,242
Property, Plant and Equipment, Other, Gross	3,063	2,808
Leasehold Improvements, Gross	2,595	2,516
Property, Plant and Equipment, Gross	45,236	38,516
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(25,567)	(23,999)
Property and equipment, net	$ 19,669	$ 14,517
Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Minimum [Member] \| Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Minimum [Member] \| Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Minimum [Member] \| Other Capitalized Property Plant and Equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] \| Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] \| Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] \| Other Capitalized Property Plant and Equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years

Subsequent Events (Details) - Subsequent Event - 2025 Acquisitions $ in Thousands	2 Months Ended
	Mar. 06, 2025 USD ($)
Subsequent Event [Line Items]
Asset Acquisition, Number of Acquisitions	2
Asset Acquisition, Consideration Transferred	$ 7,801
Payments to Acquire Productive Assets	6,501
Future Payments to Acquire Productive Assets	150
Asset Acquisition, Consideration Transferred, Liabilities Incurred	$ 1,150

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Amortization Method	straight-line method	straight-line method
Depreciation	$ 5,720	$ 5,094
Capitalized Computer Software, Additions	$ 10,187	$ 7,027
Software and Software Development Costs
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years

Document And Entity Information - USD ($)	12 Months Ended
Document And Entity Information - USD ($)	Dec. 31, 2024	Mar. 05, 2025	Jun. 30, 2024
Document Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity Registrant Name	ASURE SOFTWARE, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	74-2415696
Entity Address, Address Line One	405 Colorado Street, Suite 1800
Entity Address, City or Town	Austin
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78701
City Area Code	512
Local Phone Number	437-2700
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		26,979,485
Amendment Flag	false
Entity Central Index Key	0000884144
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity File Number	1-34522
Document Annual Report	true
Entity Public Float			$ 204,583,873
Auditor Location	Los Angeles, California
Auditor Name	Marcum LLP
Auditor Firm ID	688
Current Fiscal Year End Date	--12-31
Common Stock, $0.01 par value
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	ASUR
Security Exchange Name	NASDAQ
Series A Junior Participating Preferred Share Purchase Rights
Document Information [Line Items]
Title of 12(b) Security	Series A Junior Participating Preferred Share Purchase Rights
No Trading Symbol Flag	true

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Funds held for clients
Change in fair value of contingent purchase consideration	$ 0	$ 175
Recurring
Funds held for clients
Total	76,433	75,201
Recurring \| Money Market Funds [Member]
Funds held for clients
Funds held for clients	8,105	3,431
Recurring \| Available-for-sale securities
Funds held for clients
Funds held for clients	68,328	71,770
Recurring \| Level 1
Funds held for clients
Total	8,105	3,431
Recurring \| Level 1 \| Money Market Funds [Member]
Funds held for clients
Funds held for clients	8,105	3,431
Recurring \| Level 1 \| Available-for-sale securities
Funds held for clients
Funds held for clients	0	0
Recurring \| Level 2
Funds held for clients
Total	68,328	71,770
Recurring \| Level 2 \| Money Market Funds [Member]
Funds held for clients
Funds held for clients	0	0
Recurring \| Level 2 \| Available-for-sale securities
Funds held for clients
Funds held for clients	68,328	71,770
Recurring \| Level 3
Funds held for clients
Total	0	0
Recurring \| Level 3 \| Money Market Funds [Member]
Funds held for clients
Funds held for clients	0	0
Recurring \| Level 3 \| Available-for-sale securities
Funds held for clients
Funds held for clients	$ 0	$ 0

STOCKHOLDERS' EQUITY, EMPLOYEE BENEFIT PLANS AND SHARE-BASED COMPENSATION (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Oct. 31, 2024	Apr. 19, 2024	Aug. 16, 2023	Jun. 30, 2017
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common stock, shares authorized	44,000	44,000
Aggregate Value of Common Stock and Other Securities Registered for Sale	$ 150,000			$ 150,000
Aggregate Shares of Common Stock Allocated for Acquisitions	$ 11,925,000			$ 12,500,000
Share Repurchase Program, Authorized, Amount	$ 10,000
Options Outstanding	1,283	1,397
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 0	$ 5.30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 225	$ 2,154
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	108
Sale of Stock, Price Per Share					$ 12.00
Defined Contribution Plan, Cost	$ 2,061	$ 1,705
Shares reserved for future issuance (in shares)	3,421
Sale Of Stock, Maximum Authorized Amount			$ 25,000
Sale of Stock, Remaining Authorized, Amount	$ 25,000
Share Repurchase Program, Restriction, Amount	$ 1,500
Share Repurchase Program, Restriction, Percentage	10.00%
Options outstanding weighted average exercise price (in Dollars per share)	$ 7.36	$ 7.30
Options granted	0
Shares available for grant	1,015
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.00%	3.63%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	0.00%	52.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	0 years	3 years 4 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%	0.00%
Options granted exercise price (in Dollars per share)	$ 0
Stock issued upon option exercise and vesting of restricted stock units (in shares)	(104)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price	$ 6.65
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period	(10)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price	$ 6.76
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	1 year 5 months 26 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 2,673
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	1,281
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 7.36
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term	1 year 5 months 26 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	$ 2,670
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	1,244
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 7.35
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	1 year 5 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value	$ 2,586
2023 Underwritten Public Offering, Public
STOCKHOLDERS' EQUITY (Details) [Line Items]
Sale of Stock, Number of Shares Issued in Transaction	3,333
Sale of Stock, Consideration Received on Transaction	$ 37,395
Sale of Stock, Issuance Costs	$ 2,605
2023 Underwritten Public Offering, Underwriter
STOCKHOLDERS' EQUITY (Details) [Line Items]
Sale of Stock, Number of Shares Issued in Transaction	500
Sale of Stock, Consideration Received on Transaction	$ 5,507
Sale of Stock, Issuance Costs	$ 493
Restricted Stock Units (RSUs)
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	571
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 10 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 3,481	$ 2,126
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 4,335
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	754	519
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 9.59	$ 10.87
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 9.19
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease)	319
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(17)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 10.17
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease), Weighted Average Grant Date Fair Value	$ 10.91
Share-based Payment Arrangement
STOCKHOLDERS' EQUITY (Details) [Line Items]
Options Outstanding	2,406
Employee Stock Option
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	8 months 4 days
Performance Shares
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	220
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 8 months 4 days
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 682
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	368	304
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 9.26	$ 9.49
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 9.04
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease)	109
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 0
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Other Increase (Decrease)	(47)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease), Weighted Average Grant Date Fair Value	$ 9.49
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Other Increase (Decrease), Weighted Average Grant Date Fair Value	$ 9.15
2018 Plan
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	4,748
2018 Plan \| Restricted Stock Units (RSUs)
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	754
2018 Plan \| Employee Stock Option
STOCKHOLDERS' EQUITY (Details) [Line Items]
Options Outstanding	1,283
2018 Plan \| Performance Shares
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	368
Purchase Plan \| Employee Stock
STOCKHOLDERS' EQUITY (Details) [Line Items]
Shares reserved for future issuance (in shares)	409					875
Maximum [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vesting Period Duration	4 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercise Period Duration	10 years
Minimum [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vesting Period Duration	3 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercise Period Duration	5 years

NOTES PAYABLE (Details) - Narrative - USD ($) $ in Thousands			12 Months Ended
	Sep. 12, 2023	Aug. 07, 2023	Dec. 31, 2024	Dec. 31, 2023
NOTES PAYABLE (Details) [Line Items]
Line Of Credit Facility, Final Payment Fee Amount		$ 1,677
Line Of Credit Facility, Lenders Fee Amount		$ 250
Line Of Credit Facility, Final Payment Fee, Percentage Of Increase In Market Capitalization		1.00%
Payment for Debt Extinguishment or Debt Prepayment Cost			$ 0	$ 250
debt prepayment penalty, percent			1.00%
2021 Acquisitions
NOTES PAYABLE (Details) [Line Items]
Asset Acquisition, Contingent Consideration, Liability				$ 587
Debt Instrument, Face Amount			$ 3,780
Notes Payable, Other Payables [Member]
NOTES PAYABLE (Details) [Line Items]
Debt Instrument, Face Amount			5,000
Secured Promissory Note
NOTES PAYABLE (Details) [Line Items]
Repayments of Debt	$ 30,927
Debt Instrument, Repaid, Principal	30,617
Payment for Debt Extinguishment or Debt Prepayment Cost	306
Debt Instrument, Non-Utilization Fee And Lender Expense	$ 5
Notes Payable, Acquisitions
NOTES PAYABLE (Details) [Line Items]
Debt Instrument, Face Amount			$ 9,943

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]


	2023		Acquisitions		2024
Goodwill	$	86,011	$	8,713	$	94,724

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The gross carrying amount and accumulated amortization of our intangible assets as of December 31, 2024 and 2023, are as follows (in thousands, except weighted average periods):


	Weighted Average Amortization Period (in Years)	Gross		Accumulated Amortization		Net
December 31, 2024
Customer relationships	8.6	$	148,097	$	(83,074)	$	65,023
Developed technology	6.5	15,201		(11,201)		4,000
Trade names	4.3	880		(880)		—
Non-compete agreements	5.2	1,032		(941)		91
	8.3	$	165,210	$	(96,096)	$	69,114

December 31, 2023
Customer relationships	8.5	$	127,843	$	(67,165)	$	60,678
Developed technology	6.9	12,001		(10,701)		1,300
Trade names	4.3	880		(880)		—
Non-compete agreements	5.2	1,032		(928)		104
	8.4	$	141,756	$	(79,674)	$	62,082

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following table summarizes the future estimated amortization expense relating to our intangible assets as of December 31, 2024 (in thousands):


2025	$	16,897
2026	13,802
2027	11,607
2028	10,162
2029	7,999
Thereafter	8,647
	$	69,114

Schedule of Acquired Indefinite-Lived Intangible Assets by Major Class


Gross Intangible Assets	2023		Acquisitions		2024
Customer relationships	$	127,843	$	20,254	$	148,097
Developed technology	12,001		3,200		15,201
Trade names	880		—		880
Non-compete agreements	1,032		—		1,032
	$	141,756	$	23,454	$	165,210

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
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-Name Accounting Standards Codification
-Section 55
-Paragraph 24
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-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
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-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

+ Details

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The operating financial results of our single reportable segment for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Total revenues	$	119,792	$	119,082

Significant segment expenses
Compensation	83,547		73,095
Non-compensation	30,792		34,668
Deferred software and commission costs	(12,398)		(10,249)
Amortization, depreciation, and other noncash expenses	29,522		24,676
Other segment expenses	102		6,106
Total expenses	131,565		128,296
Net loss	$	(11,773)	$	(9,214)

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES DESCRIPTION OF BUSINESS Asure Software, Inc. (“Asure”, the “Company”, “we” and “our”), a Delaware corporation, is a provider of cloud-based Human Capital Management (“HCM”) software solutions delivered as Software-as-a-Service (“SaaS”) to businesses of all sizes. We offer human resources (“HR”) tools necessary to build a thriving workforce, provide the resources to stay compliant with dynamic federal, state, and local tax jurisdictions and their respective labor laws, freeing cash flows so these businesses can spend their financial capital on growing their businesses rather than administrative overhead that can impede growth. Our solutions also provide new ways for employers to connect with their employees in order to enhance their relationships with their talent. Asure’s HCM suite (“Asure HCM”) includes Payroll & Tax solutions, Recruiting, HR compliance and services, Time & Attendance software, Insurance and Benefits Administration, and data integrations that enable employers and their employees to enhance efficiencies and take advantage of value-added solutions, which we refer to as AsureMarketplace™. AsureMarketplace™ automates interactions between our HCM systems with third-party providers to enhance efficiency, improve accuracy and to extend the range of services offered to employers and their employees. Our approach to HR compliance services leverages technology and on-demand content to enhance scalability and efficiency while prioritizing client interactions. We offer our services directly and indirectly through our network of Reseller Partners. We strive to be the most trusted HCM resource. Our solutions solve three primary challenges that prevent businesses from growing: HR complexity, allocation of human and financial capital, and the ability to build great teams. We have and will continue to invest in research and development to expand our solutions. Our solutions reduce the administrative burden on employers and increase employee productivity while managing the employment lifecycle. The Asure HCM suite includes seven product lines: Asure Payroll & Tax, Asure Tax Management Solutions, AsureRecruiting™, Asure HR Compliance, Asure Time & Attendance, Asure Insurance and Benefits Administration, and AsureMarketplace™. We develop, market, sell and support our offerings nationwide through our principal office in Austin, Texas, and from our processing hubs in Alabama, California, Florida, New Jersey, New York, North Carolina, Ohio, South Dakota, Tennessee, and Vermont. PRINCIPLES OF CONSOLIDATION We have prepared our Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and have included the accounts of our wholly owned subsidiaries. We have eliminated all intercompany transactions and balances in consolidation. REPORTABLE SEGMENTS Our chief operating decision maker is our Chairman and Chief Executive Officer, Patrick Goepel, who reviews financial information presented on a company-wide basis. Thus, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, we determined that we have a single reportable segment that primarily derives its revenue in the United States by providing payroll services to customers. USE OF ESTIMATES Preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. These estimates are subjective in nature and involve judgments. The more significant estimates made by management include the useful lives of customer-related long-lived assets and the fair value of assets acquired and liabilities assumed during business acquisitions. We base our estimates on historical experience and on various other assumptions management believes reasonable under the given circumstances. These estimates could be materially different under different conditions and assumptions. CONTINGENCIES Although we have been, are, and in the future may be, the defendant or plaintiff in various actions arising in the normal course of business, as of December 31, 2024, we were not currently a party to any material legal proceedings. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (Topic 740), which requires companies to disaggregate information about their effective tax rate reconciliation as well as information on income taxes paid. The standard applies to all entities subject to income taxes. The standard becomes effective for public entities for annual periods beginning after December 15, 2024. We are currently evaluating this standard and the potential effects of these changes to our consolidated financial statements and will adopt this new standard in the fiscal year beginning January 1, 2025. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses for interim and annual periods. In addition, the standard requires public entities that have a single reportable segment to provide all the disclosures required by the standard and all existing segment disclosures in Topic 280. The standard is effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024. We adopted this standard for the annual period ending December 31, 2024, and for interim periods thereafter. This guidance did not have an impact on our financial position, results of operations, or cash flows, although it did result in expanded reportable disclosures. See Note 12 — Segment Information in the accompanying notes to the consolidated financial statements for further detail. CASH, CASH EQUIVALENTS, AND RESTRICTED CASH We consider all highly liquid investments with maturities of 90 days or less to be cash equivalents. Cash equivalents include investments in an institutional money market fund, which invests in U.S. Treasury bills, notes and bonds, and/or repurchase agreements, backed by such obligations. Carrying value approximates fair value. Restricted cash consists of cash balances which are restricted as to withdrawal or usage. As of December 31, 2024, we had no restricted cash. INVESTMENTS Available-for-sale securities are carried at fair value, with the unrealized gains and losses reported in accumulated other comprehensive loss. The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. The amortization of premiums and accretion of discounts is included in interest income. Realized gains and losses and declines in value judged to be credit losses, if any, on available-for-sale securities are included in other income (expense), net. The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are included in interest income. FUNDS HELD FOR CLIENTS Funds held for clients represent assets that are held for the purpose of satisfying the obligations to remit funds relating to our payroll and payroll tax filing services and are classified as client fund obligations on our Consolidated Balance Sheets. Funds held for clients are held in demand deposit or brokerage accounts at financial institutions and are classified as a current asset on our Consolidated Balance Sheets. Client fund obligations represent our contractual obligations to remit funds to satisfy clients’ payroll and tax payment obligations and are recorded on the Consolidated Balance Sheets at the time that we impound funds from clients. The client fund obligations represent liabilities that will be repaid within one year of the balance sheet date. We have reported client fund obligations as a current liability on the Consolidated Balance Sheets. FAIR VALUE OF FINANCIAL INSTRUMENTS We apply the authoritative guidance on fair value measurements for financial assets and liabilities that are measured at fair value on a recurring basis, and non-financial assets and liabilities such as goodwill, intangible assets and property and equipment that are measured at fair value on a non-recurring basis. CONCENTRATION OF CREDIT RISK Cash and cash equivalents are deposited at various area banks, which at times may exceed federally insured limits. We monitor the viability of the banking institutions carrying our assets on a regular basis and have the ability to transfer cash to various institutions during times of risk. We have not experienced any losses related to these cash balances and believe our credit risk to be minimal. ACCOUNTS RECEIVABLE, NET We grant credit to customers in the ordinary course of business, exposing us to the credit risk of our customers. In the course of our sales to customers, we may encounter difficulty collecting accounts receivable. We limit concentrations of credit risk related to our trade accounts receivable due to our large number of customers, including third-party resellers, and their dispersion across several industries and geographic areas. We perform ongoing credit evaluations of our customers and maintain reserves for potential credit losses. We require advanced payments or secured transactions when deemed necessary. We review potential customers’ credit ratings to evaluate customers’ ability to pay an obligation within the payment term, which is usually net thirty days. If we receive reasonable assurance of payment and know of no barriers to legally enforce the payment obligation, we may extend credit to customers. We place accounts on “Credit Hold” if a placed order exceeds the credit limit or sooner if circumstances warrant. We follow our credit policy consistently and routinely monitor our delinquent accounts for indications of collectability. We maintain an allowance for credit losses at an amount we estimate to be sufficient to provide adequate protection against credit losses resulting from extending credit to our customers. We base this allowance and our expected credit loss estimates, in the aggregate, on historical collection experience, age of receivables, general economic conditions and reasonable and supportable forecasts concerning the future. The allowance for credit losses also considers the need for specific customer reserves based on the customer’s payment experience, credit worthiness and age of receivable balances. Our bad debts have been within management expectations. Refer to Note 8 - Contracts with Customers and Revenue Concentration for details on our accounts receivable and allowance for credit losses. PROPERTY AND EQUIPMENT We record property and equipment, including software, furniture and equipment, at cost less accumulated depreciation. We record depreciation using the straight-line method over the estimated economic useful lives of the assets, which range from two to five years. Property and equipment also includes leasehold improvements which we record at cost less accumulated amortization. We record amortization of leasehold improvements using the straight-line method over the shorter of the lease term or over the life of the respective assets, as applicable. We recognize gains or losses related to retirements or disposition of fixed assets in the period incurred. We expense repair and maintenance costs as incurred. We periodically review the estimated economic useful lives of our property and equipment and make adjustments, if necessary, according to the latest information available. BUSINESS COMBINATIONS We have accounted for our acquisitions using the acquisition method of accounting based on ASC 805—Business Combinations, which requires recognition and measurement of all identifiable assets acquired and liabilities assumed at their full fair value as of the date we obtain control. We have determined the fair value of assets acquired and liabilities assumed based upon our estimates of the fair values of assets acquired and liabilities assumed in the acquisitions. Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired. While we have used our best estimates and assumptions to measure the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, not to exceed one year from the date of acquisition, any changes in the estimated fair values of the net assets recorded for the acquisitions will result in an adjustment to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, we record any subsequent adjustments to our Consolidated Statements of Comprehensive Loss. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired in a business combination. We test goodwill for impairment on an annual basis in the fourth fiscal quarter of each year, and between annual tests if indicators of potential impairment exist, by first assessing qualitative factors to determine whether it is necessary to perform the quantitative goodwill impairment test. We amortize intangible assets not considered to have an indefinite useful life using the straight-line method over their useful lives. We currently amortize our acquired intangible assets with definite lives over periods ranging from two to fifteen years. Each reporting period, we evaluate the estimated remaining useful life of intangible assets and assess whether events or changes in circumstances warrant a revision to the remaining period of amortization or indicate that impairment exists. IMPAIRMENT OF LONG-LIVED ASSETS Long-lived assets, including intangible assets with definite lives, are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the estimated fair value of the asset. We have determined that there was no impairment of long-lived assets including intangible assets with definite lives, for the year ended December 31, 2024. ORIGINAL ISSUE DISCOUNTS We recognize original issue discounts (“OID”), when incurred on the issuance of debt, as a reduction of the current loan obligations that we amortize to interest expense over the life of the related indebtedness using the effective interest rate method. We record the amortization as interest expense in the Consolidated Statements of Comprehensive Loss. At the time of any repurchases or retirements of related debt, we write off the remaining amount of net original issue discounts and include them in the calculation of gain or loss on extinguishment of debt in the Consolidated Statements of Comprehensive Loss. REVENUE RECOGNITION Our revenue primarily consists of SaaS offerings and income from investments made from funds held for clients. Collectively, the SaaS offerings are referred to as “Asure HCM”, consisting of Payroll & Tax solutions, Recruiting, HR compliance and services, Time & Attendance software, Insurance and Benefits Administration, and data integrations that enable employers and their employees to enhance efficiencies and take advantage of value-added solutions. We also provide support for processing and filing Employee Retention Tax credits and other professional services as part of our Tax solutions. Furthermore, our Time & Attendance software can be provided in the form of a software subscription license arrangement, that typically includes hardware, maintenance/support, and professional services. We recognize revenue on an output basis when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. Our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenue to each performance obligation based on its relative standalone selling price. We determine standalone selling prices based on the amount that we believe the market is willing to pay determined through historical analysis of sales data as well as through use of the residual approach when we can estimate the standalone selling price for one or more, but not all, of the promised goods or services. The terms of our contracts with customers range from month-to-month for some Asure HCM direct clients to longer terms ranging from one to five years, most of which are renewable for successive terms. A typical SaaS/software subscription arrangement will also include hardware, setup and implementation services. Revenue allocated to the SaaS/software subscription performance obligations are typically considered a series of distinct services and therefore recognized over time using an output-based ratable recognition method as the clients simultaneously consume the benefit of our services as they are performed. The revenue from these services is reported as Recurring revenue on the Consolidated Statement of Comprehensive Loss. In certain circumstances, payments related to our SaaS/software subscription performance obligations can be up-front or in arrears for the period during which the revenue is recognized and would create a contract liability or contract asset balance, respectively. Revenue allocated to other performance obligations included in the arrangement and further details on our associated contract balances are measured and recognized as outlined below. Processing and filing support services for Employee Retention Tax credits are recognized at the time the applicable tax form is completed. Fees associated with these services are offered at a flat fee and/or a fee that is based on estimated credits the customer will receive upon completion of the applicable tax form. Revenue recognized from Employee Retention Tax credit services are reported as Professional services, hardware and other revenue on the Consolidated Statements of Comprehensive Loss. Hardware devices sold to customers are sold as either a standard product sell arrangement where title to the hardware passes to the customer or under a hardware-as-a-service (“HaaS”) arrangement where the title to the hardware remains with Asure. Revenue allocated to hardware sold as a standard product are recognized on an output basis when title passes to the customer, typically the date we ship the hardware. Revenue allocated to hardware under a HaaS arrangement are recognized on an output basis, recorded ratably as the service is provided over the non-cancellable term of the HaaS arrangement, typically one year. Revenue recognized from hardware devices sold to customers via either of the two above types of arrangements are reported as Hardware revenue on the Consolidated Statement of Comprehensive Loss. Our professional services offerings typically include data migration, set up, training, and implementation services. We can reasonably estimate professional services performed for a fixed fee and we recognize allocated revenue on an output basis on a proportional performance basis as the service is provided. Revenue recognized from professional services offerings are reported as Professional services, hardware and other revenue on the Consolidated Statements of Comprehensive Loss. We recognize allocated revenue for maintenance/support on an output basis ratably over the non-cancellable term of the support agreement. Initial maintenance/support terms are typically one to three years and are renewable on an annual basis. Revenue recognized from maintenance/support are reported as recurring revenue on the Consolidated Statements of Comprehensive Loss. We do not recognize revenue for agreements with rights of return, refundable fees, cancellation rights or substantive acceptance clauses until these return, refund or cancellation rights have expired or acceptance has occurred. Our arrangements with resellers do not allow for any rights of return. Our payment terms vary by the type of customer and the customer’s payment history and the products or services offered. Due to the current political climate related to ERTC, including pending and anticipated changes to ERTC, there is a risk that we may not collect on some of our outstanding percentage of recovery ERTC receivables. The term between invoicing and when payment is due is not significant and as such our contracts do not include a significant financing component. The transaction prices of our contracts primarily do not include consideration amounts that are variable and do not include noncash consideration. In the event that variable consideration exists, management estimates the amount of variable consideration to the extent to prevent a material reversal of revenue in a future period. Contract assets include both costs to obtain and fulfill contracts with customers. Costs to obtain a contract primarily result from commissions directly related to the acquisition of a new contract when it is expected that the future economic benefit of that contract will last longer than one year. Costs to obtain a contract are recognized as an expense on a straight-line basis over the expected customer relationships period. Costs to fulfill are costs that are specifically identifiable to a contract, create or enhance the resources we will use to satisfy our existing performance obligations and are expected to be recovered. Costs incurred to develop and/or implement customers onto our solutions primarily relate to compensation and compensation-related costs and are recognized as an expense on a straight-line basis over the expected customer relationship period. We have estimated the expected customer relationship period to be eight years. We use historical client retention statistics to derive the period over which we transfer our services to the customer. Contract liabilities, or deferred revenue, includes amounts invoiced to customers in excess of revenue we recognize, and is comprised of deferred SaaS/software, HaaS, Maintenance and support, and Professional services revenue. We recognize deferred revenue when we complete the service and over the terms of the arrangements, primarily ranging from one to five years or over the term of the arrangement using the same output-based revenue recognition method associated with the applicable performance obligation of the contract. ADVERTISING COSTS We expense advertising costs as we incur them. Advertising expenses were $1,991 and $1,792 for the years ended December 31, 2024 and 2023, respectively. We recorded these expenses as part of sales and marketing expenses on our Consolidated Statements of Comprehensive Loss. LEASE OBLIGATIONS At the commencement date of a lease, we recognize a liability to make lease payments and an asset representing the right-of-use underlying asset during the lease term. The lease liability is measured at the present value of lease payments over the lease term. As our leases typically do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date taking into consideration necessary adjustments for collateral, depending on the facts and circumstances of the lessee and the leased asset, and term to match the lease term. The operating lease asset is measured at cost, which includes the initial measurement of the lease liability and initial direct costs incurred by us and excludes lease incentives. Operating lease assets and liabilities are shown separately in our Consolidated Balance Sheets. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Operating lease costs are recognized on a straight-line basis over the lease term. Lease agreements that contain both lease and non-lease components are generally accounted for separately. INCOME TAXES We account for income taxes using the liability method under ASC 740, Accounting for Income Taxes, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events included in the financial statements. Under the liability method, we determine deferred tax assets and liabilities based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect in the years in which we expect the differences to reverse. We reduce deferred tax assets by a valuation allowance when it is more likely than not that we will not realize some component or all of the deferred tax assets. SHARE BASED COMPENSATION We estimate the fair value of each award granted from our stock option plan at the date of grant using the Black-Scholes option pricing model. The fair value is recognized as expense over the service period, net of estimated forfeitures, using the straight-line method. The estimation of share-based awards that will ultimately vest requires judgment, and, to the extent actual results or updated estimates differ from current estimates, such amounts will be recorded as a cumulative adjustment in the period estimates are revised. We primarily consider historical experience when estimating expected forfeitures.

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Unrecognized Tax Benefits Roll Forward

The reconciliation of our unrecognized tax benefits is as follows:


Balance at December 31, 2022	$	566
Additions based on tax positions related to the current year	45
Additions for tax positions of prior years	64
Reductions for tax positions of prior years	(26)
Balance at December 31, 2023	649
Additions based on tax positions related to the current year	—
Additions for tax positions of prior years	—
Reductions for tax positions of prior years	(97)
Balance at December 31, 2024	$	552

Schedule of Deferred Tax Assets and Liabilities

Significant components of our deferred taxes for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Deferred tax assets
Net operating losses	$	10,914	$	11,643
Research and development credit carryforwards	3,500		4,255
Stock compensation	2,135		1,681
Fixed assets	24		—
Capitalized Software	3,254		2,012
Acquired intangibles	2,722		857
Lease liabilities	1,314		1,581
Accrued expenses	2,244		1,387
Deferred revenue	326		1
Other	34		3
Gross deferred tax assets	26,467		23,420
Less: Valuation allowance	(18,497)		(16,109)
Total deferred tax assets	$	7,970	$	7,311

Deferred tax liabilities
Deferred commissions	$	(3,236)	$	(2,660)
Fixed assets	—		(167)
Goodwill	(6,287)		(4,924)
Right-of-use assets	(1,059)		(1,288)
Total deferred tax liabilities	$	(10,582)	$	(9,039)

Net deferred tax liabilities	$	(2,612)	$	(1,728)

Schedule of Components of Income Tax Expense (Benefit)

Our provision for income taxes attributable to continuing operations for the years ended December 31, 2024 and 2023, differ from the expected tax expense (benefit) amount computed by applying the statutory federal income tax rate of 21% to income before income taxes as a result of the following:


	2024		2023
Computed at statutory rate	$	(2,276)	$	(1,912)
State tax, net of federal benefit	(377)		(686)
Permanent items and other	76		7
Officer’s compensation limitation	345		56
Stock compensation	109		(428)
Credit carryforwards	759		(800)
Change in tax carryforwards not benefited	—		591
Change in valuation allowance	2,297		3,281
	$	933	$	109

Schedule of Effective Income Tax Rate Reconciliation

The components of the provision (benefit) for income taxes attributable to continuing operations for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Current
Federal	$	9	$	(57)
State	40		(59)
Total current	$	49	$	(116)

Deferred
Federal	$	532	$	184
State	352		41
Total deferred	$	884	$	225

Total tax provision	$	933	$	109

INCOME TAXES

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

INCOME TAXES

The components of the provision (benefit) for income taxes attributable to continuing operations for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Current
Federal	$	9	$	(57)
State	40		(59)
Total current	$	49	$	(116)

Deferred
Federal	$	532	$	184
State	352		41
Total deferred	$	884	$	225

Total tax provision	$	933	$	109


	2024		2023
Computed at statutory rate	$	(2,276)	$	(1,912)
State tax, net of federal benefit	(377)		(686)
Permanent items and other	76		7
Officer’s compensation limitation	345		56
Stock compensation	109		(428)
Credit carryforwards	759		(800)
Change in tax carryforwards not benefited	—		591
Change in valuation allowance	2,297		3,281
	$	933	$	109

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of our deferred taxes for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Deferred tax assets
Net operating losses	$	10,914	$	11,643
Research and development credit carryforwards	3,500		4,255
Stock compensation	2,135		1,681
Fixed assets	24		—
Capitalized Software	3,254		2,012
Acquired intangibles	2,722		857
Lease liabilities	1,314		1,581
Accrued expenses	2,244		1,387
Deferred revenue	326		1
Other	34		3
Gross deferred tax assets	26,467		23,420
Less: Valuation allowance	(18,497)		(16,109)
Total deferred tax assets	$	7,970	$	7,311

Deferred tax liabilities
Deferred commissions	$	(3,236)	$	(2,660)
Fixed assets	—		(167)
Goodwill	(6,287)		(4,924)
Right-of-use assets	(1,059)		(1,288)
Total deferred tax liabilities	$	(10,582)	$	(9,039)

Net deferred tax liabilities	$	(2,612)	$	(1,728)

At December 31, 2024, we had federal net operating loss carryforwards of $46,576 and research and development credit carryforwards of $3,570. We also had state net operating loss carryforwards of $20,565 and state tax credit carryforwards of $601. The net operating loss and research and development credit carryforwards will expire in varying amounts from 2025 through 2044, if not utilized. Approximately $19,024 of the federal net operating loss carryforwards carry forward indefinitely, but can only offset up to 80% of taxable income.

As a result of various acquisitions by us in prior years, we may be subject to a substantial annual limitation in the utilization of the net operating losses and credit carryforwards due to the “change in ownership” provisions of Section 382 of the Internal Revenue Code of 1986. The annual limitation may result in the expiration of net operating losses before utilization. However, based on our analysis, we do not expect any material net operating losses to expire prior to utilization.

Due to the uncertainty surrounding the timing of realizing the benefits of our favorable tax attributes in future tax returns, we have placed a valuation allowance against our net deferred tax assets, exclusive of jurisdictions in which we have net deferred tax liabilities. During the year ended December 31, 2024, the valuation allowance increased by $2,388 due primarily to operations.

Under ASC 740-10, Income Taxes, we periodically review the uncertainties and judgments related to the application of complex income tax regulations to determine income tax liabilities in several jurisdictions. We use a “more likely than not” criterion for recognizing an asset for unrecognized income tax benefits or a liability for uncertain tax positions. We have determined it has the following unrecognized assets or liabilities related to uncertain tax positions as of December 31, 2024. We do not anticipate any significant changes in such uncertainties and judgments during the next twelve months. To the extent we are required to recognize interest and penalties related to unrecognized tax liabilities, this amount will be recorded as an accrued liability. The reconciliation of our unrecognized tax benefits is as follows:


Balance at December 31, 2022	$	566
Additions based on tax positions related to the current year	45
Additions for tax positions of prior years	64
Reductions for tax positions of prior years	(26)
Balance at December 31, 2023	649
Additions based on tax positions related to the current year	—
Additions for tax positions of prior years	—
Reductions for tax positions of prior years	(97)
Balance at December 31, 2024	$	552

As of December 31, 2024, we had $552 of unrecognized tax benefits, of which $20 would affect the effective tax rate if recognized.

Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense. During the twelve months ended December 31, 2024, we recognized $5 of interest and penalties in our income tax expense.

We file tax returns in the U.S. federal jurisdiction and in several state jurisdictions. We are subject to U.S. federal income tax examinations for years ending on or after December 31, 2021 and are subject to state and local income tax examinations by tax authorities for years ending on or after December 31, 2020. We are not currently under audit for any federal or state jurisdictions. However, since we have net operating losses, the taxing authorities have the ability to review tax returns no longer subject to examination and make adjustments to these net operating loss carryforwards.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Name Accounting Standards Codification
-Section 50
-Paragraph 12
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Reference 2: http://www.xbrl.org/2003/role/exampleRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Paragraph 2
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

NET LOSS PER SHARE

We compute net loss per share based on the weighted average number of common shares outstanding for the period. Diluted net loss per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options or vesting of RSUs and in some cases PSUs. In periods of net income, we compute the adjustment to the denominator of our dilutive net earnings per share calculation to include these stock options, RSUs, and PSUs, as applicable, using the treasury stock method. Regardless of the period resulting in net income or net loss, we exclude the adjustment to the denominator of our dilutive net loss per share calculation to the extent that they are anti-dilutive. We have excluded stock options and restricted stock units reflecting 297 shares for the year ended December 31, 2024, and 15 shares for the year ended December 31, 2023, from the computation of the diluted shares because the effect of including the stock options and restricted stock units would have been anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per common share for the years ended December 31 (in thousands, except per share amounts):


	2024		2023
Basic:
Net loss	$	(11,773)	$	(9,214)
Weighted-average shares of common stock outstanding	26,054		22,138
Basic loss per share	$	(0.45)	$	(0.42)

Diluted:
Net loss	$	(11,773)	$	(9,214)
Weighted-average shares of common stock outstanding	26,054		22,138
Diluted loss per share	$	(0.45)	$	(0.42)

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Subsequent to December 31, 2024, but before the filing of the financial statements, we completed two customer relationship asset acquisitions. The total purchase price of these acquisitions was $7,801, which consisted of $6,501 of cash paid at close, $150 of cash to be paid over the next 12 months, and the delivery of promissory notes in the amount of $1,150, net of discounts, with maturity dates ranging from August 19, 2026, to January 1, 2027.

CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION	12 Months Ended
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION Receivables Receivables from contracts with customers, net of allowance for credit losses of $6,328, were $18,154 at December 31, 2024. Receivables from contracts with customers, net of allowance for credit losses of $4,787, were $14,202 at December 31, 2023. We had a provision for expected losses of $46, write-offs charged against the allowance for credit losses of $68, and recoveries on previously written off receivables of $1,563 during the year ended December 31, 2024. We had a provision for expected losses of $2,047, write-offs charged against the allowance for credit losses of $735, and recoveries on previously written off receivables of $227 during the year ended December 31, 2023. No customers represented more than 10% of our net accounts receivable balance as of December 31, 2024 and 2023. Contract Assets Costs to Fulfill Contracts Contract assets from contracts with customers were $1,712 at December 31, 2024, with no balance at December 31, 2023. The establishment of contract assets during the year ended December 31, 2024, is due to new multi-year arrangements that began in 2024. Costs to Obtain Contracts Deferred commission costs from contracts with customers were $12,351 and $10,302 at December 31, 2024, and December 31, 2023, respectively. The amount of amortization recognized for the years ended December 31, 2024, and December 31, 2023, was $2,568 and $2,803, respectively. Deferred Revenue During the years ended December 31, 2024 and 2023, revenue of $6,626 and $7,488, respectively, was recognized from the deferred revenue balance at the beginning of each period. Transaction Price Allocated to the Remaining Performance Obligations As of December 31, 2024, approximately $79,095 of revenue is expected to be recognized from remaining performance obligations. We expect to recognize revenue on approximately 32% of these remaining performance obligations over the next 12 months, with the balance recognized thereafter. During the year ended December 31, 2024, various multi-year arrangements were finalized primarily driving the increase in our deferred revenue balances as of December 31, 2024, compared to December 31, 2023. The arrangement is also driving the decrease in our transaction price estimated to be recognized during the next 12 months from 87% as of December 31, 2023, to 32% as of December 31, 2024. Revenue Concentration During the years ended December 31, 2024 and 2023, there were no customers that individually represented 10% or more of consolidated revenue.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Section 50
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-Subparagraph (b)(2)
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

NOTES PAYABLE (Details) - Schedule of Debt - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
NOTES PAYABLE (Details) - Schedule of Debt [Line Items]
Long-term Debt, Gross	$ 14,943	$ 5,700
Current portion of notes payable	7,008	27
Notes payable, net of current portion	5,709	4,282
Loss on extinguishment of debt	$ 0	(1,517)
Notes Payable, Other Payables [Member]
NOTES PAYABLE (Details) - Schedule of Debt [Line Items]
Debt Instrument, Maturity Date, Description	11/01/25
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Long-term Debt, Gross	$ 5,000	0
Notes Payable, Acquisitions
NOTES PAYABLE (Details) - Schedule of Debt [Line Items]
Debt Instrument, Maturity Date, Description	10/01/25 - 07/01/29
Long-term Debt, Gross	$ 9,943	$ 5,700
Debt Instrument, Number of Instruments	5
Notes Payable, Acquisitions \| Minimum [Member]
NOTES PAYABLE (Details) - Schedule of Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.00%
Notes Payable, Acquisitions \| Maximum [Member]
NOTES PAYABLE (Details) - Schedule of Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.00%

CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contract with Customer, Asset, Allowance for Credit Loss	$ 6,328	$ 4,787
Amortization of Deferred Sales Commissions	2,568	2,803
Deferred Revenue, Revenue Recognized	6,626	$ 7,488
Revenue, Remaining Performance Obligation, Amount	$ 79,095
Revenue, Remaining Performance Obligation, Percentage	32.00%	87.00%
Accrued Sales Commission	$ 12,351	$ 10,302
Accounts Receivable, Allowance for Credit Loss, Writeoff	68	735
Accounts Receivable, Allowance for Credit Loss, Recovery	1,563	227
Provision for expected losses	46	2,047
Contract with Customer, Asset, after Allowance for Credit Loss	$ 1,712	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months

NOTES PAYABLE

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

NOTES PAYABLE

The following table summarizes our gross outstanding debt as of the dates indicated (in thousands):


	Maturity	Cash Interest Rate	December 31, 2024		December 31, 2023
Notes Payable – Acquisitions(1)	10/01/25 - 07/01/29	2.00% - 5.00%	$	9,943	$	5,700
Notes Payable – Other	11/01/25	10.00%	5,000		—
Total Notes Payable			$	14,943	$	5,700

(1)See Note 2 — Business Combinations and Asset Acquisitions for further discussion regarding the notes payable related to acquisitions.

The following table summarizes the debt issuance costs as of the dates indicated (in thousands):


	Gross Notes Payable		Debt Issuance Costs and Debt Discount		Net Notes Payable
December 31, 2024
Current portion of notes payable	$	7,578	$	(570)	$	7,008
Notes payable, net of current portion	7,365		(1,656)		5,709
Total	$	14,943	$	(2,226)	$	12,717

December 31, 2023
Current portion of notes payable	$	420	$	(393)	$	27
Notes payable, net of current portion	5,280		(998)		4,282
Total	$	5,700	$	(1,391)	$	4,309

The following table summarizes the future principal payments related to our outstanding debt as of December 31, 2024 (in thousands):


2025	$	7,578
2026	4,365
2027	—
2028	—
2029	3,000
Total	$	14,943

Notes Payable - Acquisitions

As of December 31, 2024, we have five promissory notes related to acquisitions that occurred during 2024 and prior years with a combined outstanding principal balance of $9,943 and maturity dates ranging from October 1, 2025 to July 1, 2029. See Note 2 — Business Combinations and Asset Acquisitions for further discussion regarding the issuance of notes payable related to acquisitions.

Notes Payable - Other

In November 2024, we delivered a promissory note to an unrelated third party in exchange for cash. As of December 31, 2024, the promissory note had an outstanding principal balance of $5,000 and matures on November 1, 2025.

Senior Credit Facility with Structural Capital Investments III, LP

On September 12, 2023, we terminated the Loan and Security Agreement (the “Loan Agreement”), among the Company, Structural Capital Investments III, LP (“Structural” and together with the other lenders that were parties thereto, the “Lenders”), and Ocean II PLO LLC, as administrative and collateral agent for the Lender and repaid the outstanding balance on the secured promissory note issued under the Loan Agreement (the “Note”). In connection with the termination, we paid the Agent for the benefit of the Lenders an aggregate amount of $30,927 (the “Payoff Amount”) in full payment of our outstanding obligations under the Loan Agreement. The Payoff Amount represented $30,617 of outstanding principal and interest on the unpaid principal balance, a 1.0% prepayment fee in the amount of $306 and $5 for the accrued non-utilization fee and lender expenses associated with the extinguishment. As of December 31, 2024, there are no further amounts due or owing under the Facility.

On August 7, 2023, we entered into an amendment to the Loan Agreement, whereby the Final Payment Fee (as defined in the Loan Agreement) was settled for $1,677 (the “Settled Amount”), which was paid on August 7, 2023. The Final Payment Fee was originally equal to 1.0% of the increase in our market capitalization since September 10, 2021, and was due upon payment in full of the obligations under the Loan Agreement. We also paid the Lenders a breakup fee equal to $250.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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+ Details

SEGMENT INFORMATION - Schedule of Operating Financial Results of Reportable Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Significant segment expenses
Depreciation and amortization	$ 22,142	$ 19,135
Net loss	(11,773)	(9,214)
Operating Segments \| Reportable Segment
Segment Reporting Information [Line Items]
Total revenue	119,792	119,082
Significant segment expenses
Compensation	83,547	73,095
Non-compensation	30,792	34,668
Deferred software and commission costs	(12,398)	(10,249)
Depreciation and amortization	29,522	24,676
Other segment expenses	102	6,106
Total expenses	131,565	128,296
Net loss	$ (11,773)	$ (9,214)

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policy)

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

DESCRIPTION OF BUSINESS

Asure Software, Inc. (“Asure”, the “Company”, “we” and “our”), a Delaware corporation, is a provider of cloud-based Human Capital Management (“HCM”) software solutions delivered as Software-as-a-Service (“SaaS”) to businesses of all sizes. We offer human resources (“HR”) tools necessary to build a thriving workforce, provide the resources to stay compliant with dynamic federal, state, and local tax jurisdictions and their respective labor laws, freeing cash flows so these businesses can spend their financial capital on growing their businesses rather than administrative overhead that can impede growth. Our solutions also provide new ways for employers to connect with their employees in order to enhance their relationships with their talent. Asure’s HCM suite (“Asure HCM”) includes Payroll & Tax solutions, Recruiting, HR compliance and services, Time & Attendance software, Insurance and Benefits Administration, and data integrations that enable employers and their employees to enhance efficiencies and take advantage of value-added solutions, which we refer to as AsureMarketplace™. AsureMarketplace™ automates interactions between our HCM systems with third-party providers to enhance efficiency, improve accuracy and to extend the range of services offered to employers and their employees. Our approach to HR compliance services leverages technology and on-demand content to enhance scalability and efficiency while prioritizing client interactions. We offer our services directly and indirectly through our network of Reseller Partners.

We strive to be the most trusted HCM resource. Our solutions solve three primary challenges that prevent businesses from growing: HR complexity, allocation of human and financial capital, and the ability to build great teams. We have and will continue to invest in research and development to expand our solutions. Our solutions reduce the administrative burden on employers and increase employee productivity while managing the employment lifecycle. The Asure HCM suite includes seven product lines: Asure Payroll & Tax, Asure Tax Management Solutions, AsureRecruiting™, Asure HR Compliance, Asure Time & Attendance, Asure Insurance and Benefits Administration, and AsureMarketplace™.

We develop, market, sell and support our offerings nationwide through our principal office in Austin, Texas, and from our processing hubs in Alabama, California, Florida, New Jersey, New York, North Carolina, Ohio, South Dakota, Tennessee, and Vermont.

PRINCIPLES OF CONSOLIDATION

We have prepared our Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and have included the accounts of our wholly owned subsidiaries. We have eliminated all intercompany transactions and balances in consolidation.

REPORTABLE SEGMENTS

Our chief operating decision maker is our Chairman and Chief Executive Officer, Patrick Goepel, who reviews financial information presented on a company-wide basis. Thus, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, we determined that we have a single reportable segment that primarily derives its revenue in the United States by providing payroll services to customers.

USE OF ESTIMATES

Preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. These estimates are subjective in nature and involve judgments. The more significant estimates made by management include the useful lives of customer-related long-lived assets and the fair value of assets acquired and liabilities assumed during business acquisitions. We base our estimates on historical experience and on various other assumptions management believes reasonable under the given circumstances. These estimates could be materially different under different conditions and assumptions.

CONTINGENCIES

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (Topic 740), which requires companies to disaggregate information about their effective tax rate reconciliation as well as information on income taxes paid. The standard applies to all entities subject to income taxes. The standard becomes effective for public entities for annual periods beginning after December 15, 2024. We are currently evaluating this standard and the potential effects of these changes to our consolidated financial statements and will adopt this new standard in the fiscal year beginning January 1, 2025.

In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses for interim and annual periods. In addition, the standard requires public entities that have a single reportable segment to provide all the disclosures required by the standard and all existing segment disclosures in Topic 280. The standard is effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024. We adopted this standard for the annual period ending December 31, 2024, and for interim periods thereafter. This guidance did not have an impact on our financial position, results of operations, or cash flows, although it did result in expanded reportable disclosures. See Note 12 — Segment Information in the accompanying notes to the consolidated financial statements for further detail.

CASH, CASH EQUIVALENTS, AND RESTRICTED CASH

We consider all highly liquid investments with maturities of 90 days or less to be cash equivalents. Cash equivalents include investments in an institutional money market fund, which invests in U.S. Treasury bills, notes and bonds, and/or repurchase agreements, backed by such obligations. Carrying value approximates fair value. Restricted cash consists of cash balances which are restricted as to withdrawal or usage. As of December 31, 2024, we had no restricted cash.

INVESTMENTS

Available-for-sale securities are carried at fair value, with the unrealized gains and losses reported in accumulated other comprehensive loss. The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. The amortization of premiums and accretion of discounts is included in interest income. Realized gains and losses and declines in value judged to be credit losses, if any, on available-for-sale securities are included in other income (expense), net. The cost of securities sold is based on the specific identification method. Interest and dividends on securities classified as available-for-sale are included in interest income.

FUNDS HELD FOR CLIENTS

Funds held for clients represent assets that are held for the purpose of satisfying the obligations to remit funds relating to our payroll and payroll tax filing services and are classified as client fund obligations on our Consolidated Balance Sheets. Funds held for clients are held in demand deposit or brokerage accounts at financial institutions and are classified as a current asset on our Consolidated Balance Sheets.

Client fund obligations represent our contractual obligations to remit funds to satisfy clients’ payroll and tax payment obligations and are recorded on the Consolidated Balance Sheets at the time that we impound funds from clients. The client fund obligations represent liabilities that will be repaid within one year of the balance sheet date. We have reported client fund obligations as a current liability on the Consolidated Balance Sheets.

FAIR VALUE OF FINANCIAL INSTRUMENTS

We apply the authoritative guidance on fair value measurements for financial assets and liabilities that are measured at fair value on a recurring basis, and non-financial assets and liabilities such as goodwill, intangible assets and property and equipment that are measured at fair value on a non-recurring basis.

CONCENTRATION OF CREDIT RISK

Cash and cash equivalents are deposited at various area banks, which at times may exceed federally insured limits. We monitor the viability of the banking institutions carrying our assets on a regular basis and have the ability to transfer cash to various institutions during times of risk. We have not experienced any losses related to these cash balances and believe our credit risk to be minimal.

ACCOUNTS RECEIVABLE, NET

We grant credit to customers in the ordinary course of business, exposing us to the credit risk of our customers. In the course of our sales to customers, we may encounter difficulty collecting accounts receivable. We limit concentrations of credit risk related to our trade accounts receivable due to our large number of customers, including third-party resellers, and their dispersion across several industries and geographic areas. We perform ongoing credit evaluations of our customers and maintain reserves for potential credit losses. We require advanced payments or secured transactions when deemed necessary.

We review potential customers’ credit ratings to evaluate customers’ ability to pay an obligation within the payment term, which is usually net thirty days. If we receive reasonable assurance of payment and know of no barriers to legally enforce the payment obligation, we may extend credit to customers. We place accounts on “Credit Hold” if a placed order exceeds the credit limit or sooner if circumstances warrant. We follow our credit policy consistently and routinely monitor our delinquent accounts for indications of collectability.

We maintain an allowance for credit losses at an amount we estimate to be sufficient to provide adequate protection against credit losses resulting from extending credit to our customers. We base this allowance and our expected credit loss estimates, in the aggregate, on historical collection experience, age of receivables, general economic conditions and reasonable and supportable forecasts concerning the future. The allowance for credit losses also considers the need for specific customer reserves based on the customer’s payment experience, credit worthiness and age of receivable balances. Our bad debts have been within management expectations. Refer to Note 8 - Contracts with Customers and Revenue Concentration for details on our accounts receivable and allowance for credit losses.

PROPERTY AND EQUIPMENT

We record property and equipment, including software, furniture and equipment, at cost less accumulated depreciation. We record depreciation using the straight-line method over the estimated economic useful lives of the assets, which range from two to five years. Property and equipment also includes leasehold improvements which we record at cost less accumulated amortization. We record amortization of leasehold improvements using the straight-line method over the shorter of the lease term or over the life of the respective assets, as applicable. We recognize gains or losses related to retirements or disposition of fixed assets in the period incurred. We expense repair and maintenance costs as incurred. We periodically review the estimated economic useful lives of our property and equipment and make adjustments, if necessary, according to the latest information available.

BUSINESS COMBINATIONS

We have accounted for our acquisitions using the acquisition method of accounting based on ASC 805—Business Combinations, which requires recognition and measurement of all identifiable assets acquired and liabilities assumed at their full fair value as of the date we obtain control. We have determined the fair value of assets acquired and liabilities assumed based upon our estimates of the fair values of assets acquired and liabilities assumed in the acquisitions. Goodwill represents the excess of the purchase price over the fair value of the net tangible and identifiable intangible assets acquired. While we have used our best estimates and assumptions to measure the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, not to exceed one year from the date of acquisition, any changes in the estimated fair values of the net assets recorded for the acquisitions will result in an adjustment to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, we record any subsequent adjustments to our Consolidated Statements of Comprehensive Loss.

GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired in a business combination. We test goodwill for impairment on an annual basis in the fourth fiscal quarter of each year, and between annual tests if indicators of potential impairment exist, by first assessing qualitative factors to determine whether it is necessary to perform the quantitative goodwill impairment test.

We amortize intangible assets not considered to have an indefinite useful life using the straight-line method over their useful lives. We currently amortize our acquired intangible assets with definite lives over periods ranging from two to fifteen years. Each reporting period, we evaluate the estimated remaining useful life of intangible assets and assess whether events or changes in circumstances warrant a revision to the remaining period of amortization or indicate that impairment exists.

IMPAIRMENT OF LONG-LIVED ASSETS

Long-lived assets, including intangible assets with definite lives, are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the estimated fair value of the asset. We have determined that there was no impairment of long-lived assets including intangible assets with definite lives, for the year ended December 31, 2024.

ORIGINAL ISSUE DISCOUNTS

We recognize original issue discounts (“OID”), when incurred on the issuance of debt, as a reduction of the current loan obligations that we amortize to interest expense over the life of the related indebtedness using the effective interest rate method. We record the amortization as interest expense in the Consolidated Statements of Comprehensive Loss. At the time of any repurchases or retirements of related debt, we write off the remaining amount of net original issue discounts and include them in the calculation of gain or loss on extinguishment of debt in the Consolidated Statements of Comprehensive Loss.

REVENUE RECOGNITION

Our revenue primarily consists of SaaS offerings and income from investments made from funds held for clients. Collectively, the SaaS offerings are referred to as “Asure HCM”, consisting of Payroll & Tax solutions, Recruiting, HR compliance and services, Time & Attendance software, Insurance and Benefits Administration, and data integrations that enable employers and their employees to enhance efficiencies and take advantage of value-added solutions. We also provide support for processing and filing Employee Retention Tax credits and other professional services as part of our Tax solutions. Furthermore, our Time & Attendance software can be provided in the form of a software subscription license arrangement, that typically includes hardware, maintenance/support, and professional services. We recognize revenue on an output basis when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. Our contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenue to each performance obligation based on its relative standalone selling price. We determine standalone selling prices based on the amount that we believe the market is willing to pay determined through historical analysis of sales data as well as through use of the residual approach when we can estimate the standalone selling price for one or more, but not all, of the promised goods or services.

The terms of our contracts with customers range from month-to-month for some Asure HCM direct clients to longer terms ranging from one to five years, most of which are renewable for successive terms. A typical SaaS/software subscription arrangement will also include hardware, setup and implementation services. Revenue allocated to the SaaS/software subscription performance obligations are typically considered a series of distinct services and therefore recognized over time using an output-based ratable recognition method as the clients simultaneously consume the benefit of our services as they are performed. The revenue from these services is reported as Recurring revenue on the Consolidated Statement of Comprehensive Loss. In certain circumstances, payments related to our SaaS/software subscription performance obligations can be up-front or in arrears for the period during which the revenue is recognized and would create a contract liability or contract asset balance, respectively. Revenue allocated to other performance obligations included in the arrangement and further details on our associated contract balances are measured and recognized as outlined below.

Processing and filing support services for Employee Retention Tax credits are recognized at the time the applicable tax form is completed. Fees associated with these services are offered at a flat fee and/or a fee that is based on estimated credits the customer will receive upon completion of the applicable tax form. Revenue recognized from Employee Retention Tax credit services are reported as Professional services, hardware and other revenue on the Consolidated Statements of Comprehensive Loss.

Hardware devices sold to customers are sold as either a standard product sell arrangement where title to the hardware passes to the customer or under a hardware-as-a-service (“HaaS”) arrangement where the title to the hardware remains with Asure. Revenue allocated to hardware sold as a standard product are recognized on an output basis when title passes to the customer, typically the date we ship the hardware. Revenue allocated to hardware under a HaaS arrangement are recognized on an output basis, recorded ratably as the service is provided over the non-cancellable term of the HaaS arrangement, typically one year. Revenue recognized from hardware devices sold to customers via either of the two above types of arrangements are reported as Hardware revenue on the Consolidated Statement of Comprehensive Loss.

Our professional services offerings typically include data migration, set up, training, and implementation services. We can reasonably estimate professional services performed for a fixed fee and we recognize allocated revenue on an output basis on a proportional performance basis as the service is provided. Revenue recognized from professional services offerings are reported as Professional services, hardware and other revenue on the Consolidated Statements of Comprehensive Loss.

We recognize allocated revenue for maintenance/support on an output basis ratably over the non-cancellable term of the support agreement. Initial maintenance/support terms are typically one to three years and are renewable on an annual basis. Revenue recognized from maintenance/support are reported as recurring revenue on the Consolidated Statements of Comprehensive Loss.

We do not recognize revenue for agreements with rights of return, refundable fees, cancellation rights or substantive acceptance clauses until these return, refund or cancellation rights have expired or acceptance has occurred. Our arrangements with resellers do not allow for any rights of return.

Our payment terms vary by the type of customer and the customer’s payment history and the products or services offered. Due to the current political climate related to ERTC, including pending and anticipated changes to ERTC, there is a risk that we may not collect on some of our outstanding percentage of recovery ERTC receivables. The term between invoicing and when payment is due is not significant and as such our contracts do not include a significant financing component. The transaction prices of our contracts primarily do not include consideration amounts that are variable and do not include noncash consideration. In the event that variable consideration exists, management estimates the amount of variable consideration to the extent to prevent a material reversal of revenue in a future period.

Contract assets include both costs to obtain and fulfill contracts with customers. Costs to obtain a contract primarily result from commissions directly related to the acquisition of a new contract when it is expected that the future economic benefit of that contract will last longer than one year. Costs to obtain a contract are recognized as an expense on a straight-line basis over the expected customer relationships period. Costs to fulfill are costs that are specifically identifiable to a contract, create or enhance the resources we will use to satisfy our existing performance obligations and are expected to be recovered. Costs incurred to develop and/or implement customers onto our solutions primarily relate to compensation and compensation-related costs and are recognized as an expense on a straight-line basis over the expected customer relationship period.

We have estimated the expected customer relationship period to be eight years. We use historical client retention statistics to derive the period over which we transfer our services to the customer.

Contract liabilities, or deferred revenue, includes amounts invoiced to customers in excess of revenue we recognize, and is comprised of deferred SaaS/software, HaaS, Maintenance and support, and Professional services revenue. We recognize deferred revenue when we complete the service and over the terms of the arrangements, primarily ranging from one to five years or over the term of the arrangement using the same output-based revenue recognition method associated with the applicable performance obligation of the contract.

ADVERTISING COSTS

We expense advertising costs as we incur them. Advertising expenses were $1,991 and $1,792 for the years ended December 31, 2024 and 2023, respectively. We recorded these expenses as part of sales and marketing expenses on our Consolidated Statements of Comprehensive Loss.

LEASE OBLIGATIONS

At the commencement date of a lease, we recognize a liability to make lease payments and an asset representing the right-of-use underlying asset during the lease term. The lease liability is measured at the present value of lease payments over the lease term. As our leases typically do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the commencement date taking into consideration necessary adjustments for collateral, depending on the facts and circumstances of the lessee and the leased asset, and term to match the lease term. The operating lease asset is measured at cost, which includes the initial measurement of the lease liability and initial direct costs incurred by us and excludes lease incentives. Operating lease assets and liabilities are shown separately in our Consolidated Balance Sheets.

Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Operating lease costs are recognized on a straight-line basis over the lease term. Lease agreements that contain both lease and non-lease components are generally accounted for separately.

INCOME TAXES

We account for income taxes using the liability method under ASC 740, Accounting for Income Taxes, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events included in the financial statements. Under the liability method, we determine deferred tax assets and liabilities based on the difference between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect in the years in which we expect the differences to reverse. We reduce deferred tax assets by a valuation allowance when it is more likely than not that we will not realize some component or all of the deferred tax assets.

SHARE BASED COMPENSATION

We estimate the fair value of each award granted from our stock option plan at the date of grant using the Black-Scholes option pricing model. The fair value is recognized as expense over the service period, net of estimated forfeitures, using the straight-line method. The estimation of share-based awards that will ultimately vest requires judgment, and, to the extent actual results or updated estimates differ from current estimates, such amounts will be recorded as a cumulative adjustment in the period estimates are revised. We primarily consider historical experience when estimating expected forfeitures.

FAIR VALUE MEASUREMENTS


Level 1:						Quoted prices in active markets for identical assets or liabilities;

Level 2:						Quoted prices in active markets for similar assets or liabilities; quoted prices in markets that are not active for identical or similar assets or liabilities; and model-driven valuations whose significant inputs are observable; and

Level 3:						Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

INVESTMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis


	Total Carrying Value		Level 1		Level 2		Level 3
December 31, 2024
Assets:
Funds held for clients
Money market funds	$	8,105	$	8,105	$	—	$	—
Available-for-sale securities	68,328		—		68,328		—
Total	$	76,433	$	8,105	$	68,328	$	—

December 31, 2023
Assets:
Funds held for clients
Money market funds	$	3,431	$	3,431	$	—	$	—
Available-for-sale securities	71,770		—		71,770		—
Total	$	75,201	$	3,431	$	71,770	$	—

Debt Securities, Available-for-sale

Restricted cash equivalents and investments classified as available-for-sale within funds held for clients consisted of the following (in thousands):


	Amortized Cost		Gross Unrealized Gains (1)		Gross Unrealized Losses (1)		Aggregate Estimated Fair Value
December 31, 2024
Restricted cash equivalents	$	8,115	$	—	$	(10)	$	8,105
Available-for-sale securities:
Certificates of deposit	—		—		—		—
Corporate debt securities	63,253		164		(619)		62,798
Municipal bonds	3,194		—		(104)		3,090
U.S. Government agency securities	2,449		6		(15)		2,440
Total available-for-sale securities	68,896		170		(738)		68,328

Total(2)	$	77,011	$	170	$	(748)	$	76,433

December 31, 2023
Restricted cash equivalents	$	3,447	$	—	$	(16)	$	3,431
Available-for-sale securities:
Certificates of deposit	845		2		(1)		846
Corporate debt securities	67,277		258		(1,090)		66,445
Municipal bonds	4,251		—		(239)		4,012
U.S. Government agency securities	500		—		(33)		467
Total available-for-sale securities	72,873		260		(1,363)		71,770

Total(2)	$	76,320	$	260	$	(1,379)	$	75,201

(2)At December 31, 2024, and December 31, 2023, none of these securities were classified as cash and cash equivalents on the accompanying Consolidated Balance Sheets.

Funds held for clients have been invested in the following categories (in thousands):


	2024		2023
Restricted cash and cash equivalents held to satisfy client funds obligations	$	124,287	$	147,305
Restricted short-term marketable securities held to satisfy client funds obligations	5,273		10,042
Restricted long-term marketable securities held to satisfy client funds obligations	63,055		61,728
Total funds held for clients	$	192,615	$	219,075

Investments Classified by Contractual Maturity Date

Expected maturities of available-for-sale securities as of December 31, 2024, are as follows (in thousands):


One year or less	$	5,273
After one year through five years	63,055
	$	68,328

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

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-Topic 320
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-Name Accounting Standards Codification
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-Paragraph 9
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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+ Details

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Investments Classified by Contractual Maturity Date (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Fair Value Disclosures [Abstract]
One year or less	$ 5,273
After one year through five years	63,055
Available-for-sale debt securities total fair value	$ 68,328

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Funds Held For Clients (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Restricted cash and restricted cash equivalents included in funds held for clients	$ 124,287	$ 147,305
Debt Securities, Available-for-sale, Current	5,273	10,042
Debt Securities, Available-for-sale, Noncurrent	63,055	61,728
Total funds held for clients	$ 192,615	$ 219,075

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
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-Topic 320
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Cover	12 Months Ended
Cover	Dec. 31, 2024
Cover [Abstract]
Documents Incorporated by Reference	Portions of the registrant’s definitive Proxy Statement relating to its 2025 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such Proxy Statement, or an amendment to this report containing the Items comprising Part III, will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.

LEASES (Details) - Rent Expense Components - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Rent Expense Components [Abstract]
Operating lease cost	$ 1,948	$ 2,397
Sublease income	(4)	(18)
Net rent expense	$ 1,944	$ 2,379

Property, Plant, and Equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property and equipment as of December 31, 2024 and 2023, consisted of the following (in thousands):


	Estimated Useful Life (in years)	2024		2023
Furniture and equipment	2 to 5	$	8,273	$	7,950
Software development costs	3	31,305		25,242
Software	2 to 5	3,063		2,808
Leasehold improvements	2 to 5	2,595		2,516
Gross property and equipment		45,236		38,516
Less: accumulated depreciation and amortization		(25,567)		(23,999)
Property and equipment, net		$	19,669	$	14,517

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2024

Disclosure Text Block [Abstract]

Commitments and Contingencies Disclosure

COMMITMENTS AND CONTINGENCIES

Lease Commitments


	2024		2023
Operating lease cost	$	1,948	$	2,397
Sublease income	(4)		(18)
Net rent expense	$	1,944	$	2,379

Supplemental cash flow information related to operating leases for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	2,106	$	2,556
Non-cash operating activities:
Operating lease assets obtained or removed in exchange for new, modified or terminated operating lease liabilities	$	419	$	(546)

Future minimum commitments over the life of all operating leases, which exclude variable rent payments, are as follows (in thousands):


2025	$	1,866
2026	1,302
2027	1,088
2028	1,023
2029	683
Thereafter	235
Total minimum lease payments	6,197
Less: imputed interest	(1,181)
Total lease liabilities	$	5,016

Contingencies

Commitments Disclosure

Lease Commitments


	2024		2023
Operating lease cost	$	1,948	$	2,397
Sublease income	(4)		(18)
Net rent expense	$	1,944	$	2,379

Supplemental cash flow information related to operating leases for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	2,106	$	2,556
Non-cash operating activities:
Operating lease assets obtained or removed in exchange for new, modified or terminated operating lease liabilities	$	419	$	(546)

Future minimum commitments over the life of all operating leases, which exclude variable rent payments, are as follows (in thousands):


2025	$	1,866
2026	1,302
2027	1,088
2028	1,023
2029	683
Thereafter	235
Total minimum lease payments	6,197
Less: imputed interest	(1,181)
Total lease liabilities	$	5,016

Legal Matters and Contingencies

Contingencies

Lessee, Operating Leases

Lease Commitments


	2024		2023
Operating lease cost	$	1,948	$	2,397
Sublease income	(4)		(18)
Net rent expense	$	1,944	$	2,379

Supplemental cash flow information related to operating leases for the years ended December 31, 2024 and 2023, are as follows (in thousands):


	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	2,106	$	2,556
Non-cash operating activities:
Operating lease assets obtained or removed in exchange for new, modified or terminated operating lease liabilities	$	419	$	(546)

Future minimum commitments over the life of all operating leases, which exclude variable rent payments, are as follows (in thousands):


2025	$	1,866
2026	1,302
2027	1,088
2028	1,023
2029	683
Thereafter	235
Total minimum lease payments	6,197
Less: imputed interest	(1,181)
Total lease liabilities	$	5,016

Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2024 and 2023, consisted of the following (in thousands):


	Estimated Useful Life (in years)	2024		2023
Furniture and equipment	2 to 5	$	8,273	$	7,950
Software development costs	3	31,305		25,242
Software	2 to 5	3,063		2,808
Leasehold improvements	2 to 5	2,595		2,516
Gross property and equipment		45,236		38,516
Less: accumulated depreciation and amortization		(25,567)		(23,999)
Property and equipment, net		$	19,669	$	14,517

We record the depreciation and amortization of our property and equipment as depreciation expense on our Consolidated Statements of Comprehensive Loss. We record depreciation expenses using the straight-line method over the estimated useful lives of the assets, as noted above. Depreciation and amortization expenses relating to property and equipment were $5,720 and $5,094 for the years ended December 31, 2024 and 2023, respectively.

We acquired software development costs from prior acquisitions and we continue to invest in software development. We are developing products which we intend to offer utilizing software as-a-service (“SaaS”). We follow the guidance of ASC 350-40, Intangibles—Goodwill and Other—Internal-Use Software, for development costs related to these new products. Costs incurred in the planning stage are expensed as incurred while costs incurred in the application and infrastructure stage are capitalized, assuming such costs are deemed to be recoverable. Costs incurred in the operating stage are generally expensed as incurred except for significant upgrades and enhancements. Capitalized software costs are amortized over the software’s estimated useful life, which management has determined to be three years. During the years ended December 31, 2024 and 2023, we capitalized $10,187 and $7,027 of software development costs, respectively.

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Pay vs Performance Disclosure
Net loss	$ (11,773)	$ (9,214)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

NET LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted net loss per common share for the years ended December 31 (in thousands, except per share amounts):


	2024		2023
Basic:
Net loss	$	(11,773)	$	(9,214)
Weighted-average shares of common stock outstanding	26,054		22,138
Basic loss per share	$	(0.45)	$	(0.42)

Diluted:
Net loss	$	(11,773)	$	(9,214)
Weighted-average shares of common stock outstanding	26,054		22,138
Diluted loss per share	$	(0.45)	$	(0.42)

NET LOSS PER SHARE (Details) - shares	12 Months Ended
NET LOSS PER SHARE (Details) - shares	Dec. 31, 2024	Dec. 31, 2023
Equity Option
NET LOSS PER SHARE (Details) [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	297,000	15,000

NOTES PAYABLE (Details) - Schedule of Debt and Debt Issuance Costs - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Debt and Debt Issuance Costs [Abstract]
Debt Issuance Costs and Debt Discount, current portion	$ (570)	$ (393)
Notes payable, net of current portion	7,008	27
Notes payable, net of current portion	(1,656)	(998)
Notes payable, net of current portion	5,709	4,282
Long-term Debt, Gross	14,943	5,700
Total Debt Issuance Costs and Debt Discount	(2,226)	(1,391)
Total notes payable	12,717	4,309
NOTES PAYABLE (Details) [Line Items]
Debt Issuance Costs, Gross, Current	570	393
Long-Term Debt, Gross, Current	7,578	420
Long-Term Debt, Gross, Noncurrent	$ 7,365	$ 5,280

STOCKHOLDERS' EQUITY, EMPLOYEE BENEFIT PLANS AND SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

The following table summarizes activity related to RSUs during the year ended December 31, 2024 (in thousands, except for weighted average grant date fair value):


	Shares	Weighted Average Grant Date Fair Value
Outstanding, beginning of year	519	$	10.87
Granted	571	9.19
Vested	(319)	10.91
Forfeited	(17)	10.17
Outstanding, end of year	754	$	9.59

Share-based Payment Arrangement, Option, Activity

The following table summarizes activity related to options during the year ended December 31, 2024:


	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding, beginning of year	1,397	$	7.30
Granted	—	—
Exercised	(104)	6.65
Cancelled	(10)	6.76
Outstanding, end of year	1,283	$	7.36	1.49	$	2,673

Vested and expected to vest	1,281	$	7.36	1.49	$	2,670
Exercisable	1,244	$	7.35	1.45	$	2,586

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table summarizes the weighted average assumptions used to develop their fair value for the years ended December 31:


	2024 (1)			2023
Grant date fair value	$	—		$	5.30
Risk-free interest rate	—		%	3.63		%
Expected volatility	—		%	52		%
Expected life (in years)	0.00			3.35
Dividend yield	—			—

(1) No employee stock options granted in 2024.

Share-Based Payment Arrangement, Performance Shares, Activity

The following table summarizes activity related to PSUs during the year ended December 31, 2024 (in thousands, except for weighted average grant date fair value):


	Shares	Weighted Average Grant Date Fair Value
Outstanding, beginning of year	304	$	9.49
Granted	220	9.04
Performance adjustments	(47)	9.15
Vested	(109)	9.49
Forfeited	—	—
Outstanding, end of year	368	$	9.26

Schedule of Stock by Class

As of December 31, 2024, we reserved shares of common stock for future issuance under the 2018 Plan as follows (in thousands):


Options, PSUs and RSUs outstanding			2,406
Shares available for future grant			1,015
Shares reserved			3,421

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

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+ Details

BUSINESS COMBINATIONS AND ASSET ACQUISITIONS	12 Months Ended
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS	BUSINESS COMBINATIONS AND ASSET ACQUISITIONS 2024 Business Combinations Effective July 11, 2024, we purchased substantially all the assets of an applicant tracking technology company based out of South Dakota for an innovative hiring solution designed to streamline the recruitment process for businesses. This strategic acquisition reinforces Asure’s commitment to delivering comprehensive, user-friendly tools that simplify people management. The aggregate purchase price paid for the business was $15,162, consisting of $7,900 paid in cash on hand, $3,000 in the form of a promissory note ($1,716 net of discount), and 525 shares of Asure common stock, which had a fair value of $4,262 on the day of acquisition. As of December 31, 2024, the promissory note had an outstanding principal balance of $3,000 and matures on July 1, 2029. The purchase consideration was allocated among the acquired assets, which consist of a customer relationships intangible asset with fair value of $2,700, and a developed technology intangible asset with a fair value of $3,200. Additionally, we assumed $237 of deferred revenue and $498 of other accrued liabilities as part of the transaction. The intangible assets are being amortized on a straight-line basis over eight and five years, respectively. The remaining $8,713 of excess purchase consideration was allocated to goodwill, which is generally expected to be deductible for tax purposes. This represents the knowledge and experience of the employees retained as part of the transaction as well as the synergies and economies of scale expected from expanding the Midwest operating region to a national scale. The operations included in our financial statements for the year ended December 31, 2024, and pro forma revenue and earnings amounts on a combined basis as if this acquisition had been completed on January 1, 2023, are immaterial to the consolidated financial statements and have been excluded. Asset Acquisitions During the year ended December 31, 2024, we completed eleven customer relationship asset acquisitions. The total purchase price of these acquisitions was $14,049, which consisted of $5,842 of cash paid during the year ended December 31, 2024, $1,958 of cash to be paid over the next 12 months, the delivery of promissory notes in the amount of $1,386, net of discounts, and the delivery of 500 shares of Asure common stock, which had an aggregate fair value of $4,863 at the acquisition dates. The purchase price for certain acquisitions is subject to adjustments for contingent events to be resolved primarily over the next one to three years, including revenue generated from the acquired assets. The acquired customer relationships are recorded as intangible assets and are being amortized on a straight-line basis over eight years. As of December 31, 2024, the outstanding principal balance of the promissory notes for these acquisitions was $1,663. 2023 During the year ended December 31, 2023, we completed four customer relationship asset acquisitions. The total purchase price of these acquisitions was $9,705, which consisted of $7,887 of cash paid during the year ended December 31, 2023, $609 of cash paid during the year ended December 31, 2024, and the delivery of a promissory note in the amount of $1,209, net of discounts. The acquired customer relationships are recorded as intangible assets and are being amortized on a straight-line basis over eight years. As of December 31, 2024, the outstanding principal balance of the promissory note for these acquisitions was $1,500. 2021 In September 2021, we acquired certain assets of a payroll business, which were used to provide payroll processing services. In connection with the acquisition, there was an outstanding promissory note payable. The promissory note also includes contingent consideration for which we calculated the final value to be $587. The contingent consideration was added as an increase to the principal balance due on the promissory note during the second quarter of 2023. As of December 31, 2024, the promissory note had an outstanding balance of $3,780 and matures on September 30, 2026.
BUSINESS COMBINATIONS AND ASSET ACQUISITIONS	BUSINESS COMBINATIONS AND ASSET ACQUISITIONS 2024 Business Combinations Effective July 11, 2024, we purchased substantially all the assets of an applicant tracking technology company based out of South Dakota for an innovative hiring solution designed to streamline the recruitment process for businesses. This strategic acquisition reinforces Asure’s commitment to delivering comprehensive, user-friendly tools that simplify people management. The aggregate purchase price paid for the business was $15,162, consisting of $7,900 paid in cash on hand, $3,000 in the form of a promissory note ($1,716 net of discount), and 525 shares of Asure common stock, which had a fair value of $4,262 on the day of acquisition. As of December 31, 2024, the promissory note had an outstanding principal balance of $3,000 and matures on July 1, 2029. The purchase consideration was allocated among the acquired assets, which consist of a customer relationships intangible asset with fair value of $2,700, and a developed technology intangible asset with a fair value of $3,200. Additionally, we assumed $237 of deferred revenue and $498 of other accrued liabilities as part of the transaction. The intangible assets are being amortized on a straight-line basis over eight and five years, respectively. The remaining $8,713 of excess purchase consideration was allocated to goodwill, which is generally expected to be deductible for tax purposes. This represents the knowledge and experience of the employees retained as part of the transaction as well as the synergies and economies of scale expected from expanding the Midwest operating region to a national scale. The operations included in our financial statements for the year ended December 31, 2024, and pro forma revenue and earnings amounts on a combined basis as if this acquisition had been completed on January 1, 2023, are immaterial to the consolidated financial statements and have been excluded. Asset Acquisitions During the year ended December 31, 2024, we completed eleven customer relationship asset acquisitions. The total purchase price of these acquisitions was $14,049, which consisted of $5,842 of cash paid during the year ended December 31, 2024, $1,958 of cash to be paid over the next 12 months, the delivery of promissory notes in the amount of $1,386, net of discounts, and the delivery of 500 shares of Asure common stock, which had an aggregate fair value of $4,863 at the acquisition dates. The purchase price for certain acquisitions is subject to adjustments for contingent events to be resolved primarily over the next one to three years, including revenue generated from the acquired assets. The acquired customer relationships are recorded as intangible assets and are being amortized on a straight-line basis over eight years. As of December 31, 2024, the outstanding principal balance of the promissory notes for these acquisitions was $1,663. 2023 During the year ended December 31, 2023, we completed four customer relationship asset acquisitions. The total purchase price of these acquisitions was $9,705, which consisted of $7,887 of cash paid during the year ended December 31, 2023, $609 of cash paid during the year ended December 31, 2024, and the delivery of a promissory note in the amount of $1,209, net of discounts. The acquired customer relationships are recorded as intangible assets and are being amortized on a straight-line basis over eight years. As of December 31, 2024, the outstanding principal balance of the promissory note for these acquisitions was $1,500. 2021 In September 2021, we acquired certain assets of a payroll business, which were used to provide payroll processing services. In connection with the acquisition, there was an outstanding promissory note payable. The promissory note also includes contingent consideration for which we calculated the final value to be $587. The contingent consideration was added as an increase to the principal balance due on the promissory note during the second quarter of 2023. As of December 31, 2024, the promissory note had an outstanding balance of $3,780 and matures on September 30, 2026.

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)
shares in Thousands, $ in Thousands

Dec. 31, 2024

Dec. 31, 2023

Statement of Financial Position [Abstract]

Allowance for doubtful accounts

$ 6,328

$ 4,787

Preferred stock, par value

$ 0.01

Preferred stock, shares authorized

1,500

Preferred stock, shares outstanding

Preferred stock, shares issued

Common stock, par value

$ 0.01

Common stock, shares authorized

44,000

Common stock, shares issued

26,671

25,382

Common stock, shares outstanding

26,671

24,998

Treasury Stock, Common, Shares

^[1]

384

[1]	(1) The aggregate Treasury stock of prior repurchases of our own common stock was retired and subsequently issued effective January 1, 2024. See the Consolidated Statement of Changes in Stockholders’ Equity for the impact of this transaction.

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Debt Securities, Available-for-sale (Details) $ in Thousands	Dec. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Funds Held for Clients
Amortized Cost	$ 68,896	$ 72,873
Gross Unrealized Gains	170	260
Gross Unrealized Losses	(738)	(1,363)
Aggregate Estimated Fair Value	68,328	71,770
Funds Held For Clients, Restricted Cash and Debt Securities	76,433	75,201
Funds Held For Clients, Restricted Cash and Debt Securities, Gross Unrealized Losses	(748)	(1,379)
Funds Held For Clients, Restricted Cash and Debt Securities, Gross Unrealized Gains	170	260
Funds Held For Clients, Restricted Cash and Debt Securities, Amortized Cost	$ 77,011	$ 76,320
Number of securities in unrealized gain position \| security	45	54
Number of securities in unrealized loss position \| security	89	113
Funds Held For Clients, Restricted Cash, Amortized Cost	$ 8,115	$ 3,447
Funds Held For Clients, Restricted Cash, Gross Unrealized Losses	(10)	(16)
Funds Held For Clients, Restricted Cash	8,105	3,431
Funds Held For Clients, Restricted Cash, Gross Unrealized Gains	$ 0	0
A and Above Investment Portfolio Concentration	0.64
Individually
Funds Held for Clients
Gross Unrealized Losses	$ (38)	(61)
Certificates of deposit
Funds Held for Clients
Amortized Cost	0	845
Gross Unrealized Gains	0	2
Gross Unrealized Losses	0	(1)
Aggregate Estimated Fair Value	0	846
Corporate debt securities
Funds Held for Clients
Amortized Cost	63,253	67,277
Gross Unrealized Gains	164	258
Gross Unrealized Losses	(619)	(1,090)
Aggregate Estimated Fair Value	62,798	66,445
Municipal bonds
Funds Held for Clients
Amortized Cost	3,194	4,251
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(104)	(239)
Aggregate Estimated Fair Value	3,090	4,012
U.S. Government agency securities
Funds Held for Clients
Amortized Cost	2,449	500
Gross Unrealized Gains	6	0
Gross Unrealized Losses	(15)	(33)
Aggregate Estimated Fair Value	$ 2,440	$ 467

BUSINESS COMBINATIONS AND ASSET ACQUISITIONS - Asset Acquisitions (Details) shares in Thousands, $ in Thousands	12 Months Ended		24 Months Ended
	Dec. 31, 2024 USD ($) shares	Dec. 31, 2023 USD ($)	Dec. 31, 2024 USD ($)
2024 Acquisitions
Asset Acquisition [Line Items]
Asset Acquisition, Consideration Transferred	$ 14,049
Payments to Acquire Productive Assets	5,842
Future Payments to Acquire Productive Assets	1,958		$ 1,958
Asset Acquisition, Consideration Transferred, Liabilities Incurred	$ 1,386
Stock issued for acquisitions (in shares) \| shares	500
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable	$ 4,863
Debt Instrument, Face Amount	$ 1,663		$ 1,663
Asset Acquisition, Number of Acquisitions	11
2024 Acquisitions \| Minimum [Member]
Asset Acquisition [Line Items]
Asset Acquisition, Contingent Consideration, Contingent Event Duration	1 year		1 year
2024 Acquisitions \| Maximum [Member]
Asset Acquisition [Line Items]
Asset Acquisition, Contingent Consideration, Contingent Event Duration	3 years		3 years
2024 Acquisitions \| Customer Relationships
Asset Acquisition [Line Items]
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life	8 years
2023 Acquisitions
Asset Acquisition [Line Items]
Asset Acquisition, Consideration Transferred			$ 9,705
Payments to Acquire Productive Assets	$ 609	$ 7,887
Asset Acquisition, Consideration Transferred, Liabilities Incurred		$ 1,209
Debt Instrument, Face Amount	1,500		1,500
Asset Acquisition, Number of Acquisitions		4
2023 Acquisitions \| Customer Relationships
Asset Acquisition [Line Items]
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life		8 years
2021 Acquisitions
Asset Acquisition [Line Items]
Debt Instrument, Face Amount	$ 3,780		$ 3,780
Asset Acquisition, Contingent Consideration, Liability		$ 587

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - Schedule of Expected Amortization Expense - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Asset, Expected Amortization, Year One	$ 16,897
Finite-Lived Intangible Asset, Expected Amortization, Year Two	13,802
Finite-Lived Intangible Asset, Expected Amortization, Year Three	11,607
Finite-Lived Intangible Asset, Expected Amortization, Year Four	10,162
Finite-Lived Intangible Asset, Expected Amortization, Year Five	7,999
Finite-Lived Intangible Asset, Expected Amortization, after Year Five	8,647
Finite-Lived Intangible Assets, Net	$ 69,114	$ 62,082

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years 3 months 18 days	8 years 4 months 24 days
Advertising Expense	$ 1,991	$ 1,792
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contract with Customer, Asset, Estimated Useful Life	8 years
Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Finite-Lived Intangible Asset, Useful Life	2 years
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	1 year
Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Finite-Lived Intangible Asset, Useful Life	15 years
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	5 years
Recurring \| Minimum [Member]
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	1 year
Recurring \| Maximum [Member]
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	5 years
Professional services, hardware and other \| Minimum [Member]
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	1 year
Professional services, hardware and other \| Maximum [Member]
CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION (Details) [Line Items]
Contracts with Customers, Recurring Revenue, Contract Duration	3 years

BUSINESS COMBINATIONS AND ASSET ACQUISITIONS - Business Combinations (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Jul. 11, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Goodwill	$ 94,724		$ 86,011
Hireclick
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	15,162
Payments to Acquire Businesses, Gross	7,900
Debt Instrument, Face Amount		$ 3,000
Business Combination, Consideration Transferred, Liabilities Incurred	$ 1,716
Stock issued for acquisitions (in shares)	525
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable Fair Value Method	4,262
Notes Payable	$ 3,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Deferred Revenue		237
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other		498
Goodwill		8,713
Hireclick \| Customer Relationships
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		2,700
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life	8 years
Hireclick \| Developed Technology Rights [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 3,200
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life	5 years

NOTES PAYABLE (Details) - Schedule of Maturities of Long-term Debt - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Maturities of Long-term Debt [Abstract]
Long-Term Debt, Maturity, Year One	$ 7,578
Long-Term Debt, Maturity, Year Two	4,365
Long-Term Debt, Maturity, Year Three	0
Long-Term Debt, Maturity, Year Four	0
Long-Term Debt, Maturity, Year Five	3,000
Long-term Debt, Gross	$ 14,943	$ 5,700