Quarterly report pursuant to Section 13 or 15(d)

Nature of Operations and Summary of Significant Accounting Policies - Restatement of Previously Issued Interim Consolidated Financial Statements (Unaudited and Restated) (Details)

v3.23.3
Nature of Operations and Summary of Significant Accounting Policies - Restatement of Previously Issued Interim Consolidated Financial Statements (Unaudited and Restated) (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
ASSETS                
Intangible assets, net $ 10,050,360 $ 9,991,070 $ 6,758,117   $ 10,050,360 $ 6,758,117 $ 10,928,295  
Deferred tax assets 11,450,998 11,194,762 12,318,882   11,450,998 12,318,882 11,928,152  
Total assets 99,206,597 99,623,045 87,081,844   99,206,597 87,081,844 93,490,377  
Current liabilities:                
Deferred franchise and regional development fee revenue, current portion   0 0     0    
Deferred franchise fee revenue, current portion 2,503,294 2,487,795 2,393,993   2,503,294 2,393,993 2,468,601  
Upfront Regional Developer Fees, current portion 406,965 491,142 587,541   406,965 587,541 487,250  
Other current liabilities 693,427 592,293 607,272   693,427 607,272 597,294  
Total current liabilities 24,968,127 25,067,901 20,287,832   24,968,127 20,287,832 23,217,017  
Deferred franchise and regional development fee revenue, net of current portion   0 0     0    
Deferred franchise revenue, net of current portion 14,210,441 14,233,564 13,584,091   14,210,441 13,584,091 14,161,134  
Upfront Regional Developer Fees, net of current portion 1,183,106 1,449,270 1,863,463   1,183,106 1,863,463 1,500,278  
Other liabilities 1,287,879 1,287,879 1,091,795   1,287,879 1,091,795 1,287,879  
Total liabilities 63,730,103 64,307,008 56,865,986   63,730,103 56,865,986 60,902,534  
Stockholders' equity:                
Accumulated deficit (10,147,705) (9,827,216) (13,647,733)   (10,147,705) (13,647,733) (12,153,380)  
Total The Joint Corp. stockholders' equity 35,451,494 35,291,037 30,190,858   35,451,494 30,190,858 32,562,843  
Total equity 35,476,494 35,316,037 30,215,858 $ 30,683,485 35,476,494 30,215,858 32,587,843 $ 30,308,684
Liabilities and Equity 99,206,597 99,623,045 87,081,844   99,206,597 87,081,844 93,490,377  
Revenues:                
Total revenues 29,307,184 28,300,820 24,887,365   57,608,005 47,124,116    
Cost of revenues:                
Cost of revenues     1,904,936     3,705,961    
Total cost of revenues 2,595,512 2,474,685 2,257,092   5,070,197 4,368,076    
Depreciation and amortization 2,329,267 2,215,055 1,461,870   4,544,322 2,798,527    
General and administrative expenses 19,904,796 20,038,476 18,570,301   39,943,272 34,103,726    
Total selling, general and administrative expenses 26,941,881 26,413,775 23,871,895   53,355,656 44,029,465    
Loss from operations (374,554) (653,109) (1,330,466)   (1,027,663) (1,369,174)    
Income before income tax expense (benefit) (481,074) 3,168,053 (1,349,752)   2,686,979 (1,404,608)    
Income tax (benefit) expense (160,585) 841,889 (477,884)   681,304 (536,960)    
Net income $ (320,489) $ 2,326,164 $ (871,868) 4,220 $ 2,005,675 $ (867,648)    
Earnings per share:                
Basic earnings per share (in dollars per share) $ (0.02) $ 0.16 $ (0.06)   $ 0.14 $ (0.06)    
Diluted earnings per share (in dollars per share) $ (0.02) $ 0.16 $ (0.06)   $ 0.13 $ (0.06)    
Statement of Stockholders' Equity [Abstract]                
Total equity $ 35,476,494 $ 35,316,037 $ 30,215,858 30,683,485 $ 35,476,494 $ 30,215,858 32,587,843 30,308,684
Cash flows from operating activities:                
Net (loss) income (320,489) 2,326,164 (871,868) 4,220 2,005,675 (867,648)    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                
Depreciation and amortization 2,329,267 2,215,055 1,461,870   4,544,322 2,798,527    
Deferred income taxes         477,154 (832,083)    
Changes in operating assets and liabilities, net of acquisitions:                
Upfront regional developer fees         (397,457) (824,658)    
Deferred revenue         245,363 864,213    
Other liabilities         59,259 649,436    
Net cash provided by (used in) operating activities         7,493,142 (1,184,840)    
Cash flows from investing activities:                
Reacquisition and termination of regional developer rights           0    
Net cash used in investing activities         (3,779,875) (8,764,961)    
Decrease in cash         3,900,929 (9,876,748)    
Accumulated Deficit                
Stockholders' equity:                
Total equity (10,147,705) (9,827,216) (13,647,733) (12,775,865) (10,147,705) (13,647,733) (12,153,380) (12,780,085)
Cost of revenues:                
Net income (320,489) 2,326,164 (871,868) 4,220        
Statement of Stockholders' Equity [Abstract]                
Total equity (10,147,705) (9,827,216) (13,647,733) (12,775,865) (10,147,705) (13,647,733) (12,153,380) (12,780,085)
Cash flows from operating activities:                
Net (loss) income (320,489) 2,326,164 (871,868) 4,220        
Total The Joint Corp. stockholders' equity                
Stockholders' equity:                
Total equity 35,451,494 35,291,037 30,190,858 30,658,485 35,451,494 30,190,858 32,562,843 30,283,684
Cost of revenues:                
Net income (320,489) 2,326,164 (871,868) 4,220        
Statement of Stockholders' Equity [Abstract]                
Total equity 35,451,494 35,291,037 30,190,858 30,658,485 35,451,494 30,190,858 $ 32,562,843 30,283,684
Cash flows from operating activities:                
Net (loss) income (320,489) 2,326,164 (871,868) 4,220        
Regional developer fees                
Revenues:                
Total revenues $ 0 0 0   $ 0 0    
As Previously Reported                
ASSETS                
Intangible assets, net   11,905,176 9,114,701     9,114,701    
Deferred tax assets   7,708,323 9,116,248     9,116,248    
Total assets   98,050,712 86,235,794     86,235,794    
Current liabilities:                
Deferred franchise and regional development fee revenue, current portion   2,978,937 2,981,534     2,981,534    
Deferred franchise fee revenue, current portion   0 0     0    
Upfront Regional Developer Fees, current portion   0 0     0    
Other current liabilities   494,250 558,250     558,250    
Total current liabilities   24,969,858 20,238,810     20,238,810    
Deferred franchise and regional development fee revenue, net of current portion   15,682,833 15,447,554     15,447,554    
Deferred franchise revenue, net of current portion   0 0     0    
Upfront Regional Developer Fees, net of current portion   0 0     0    
Other liabilities   27,230 27,230     27,230    
Total liabilities   62,948,315 55,752,399     55,752,399    
Stockholders' equity:                
Accumulated deficit   (10,040,856) (13,380,196)     (13,380,196)    
Total The Joint Corp. stockholders' equity   35,077,397 30,458,395     30,458,395    
Total equity   35,102,397 30,483,395 29,734,412   30,483,395   29,569,627
Liabilities and Equity   98,050,712 86,235,794     86,235,794    
Revenues:                
Total revenues   28,450,298 25,057,318     47,495,856    
Cost of revenues:                
Cost of revenues     2,074,889     4,077,701    
Total cost of revenues   2,624,163 2,427,045     4,739,816    
Depreciation and amortization   2,342,544 1,700,476     3,329,653    
General and administrative expenses   19,936,115 16,528,022     31,906,644    
Total selling, general and administrative expenses   26,438,903 22,068,222     42,363,509    
Loss from operations   (678,237) 473,207     296,782    
Income before income tax expense (benefit)   3,142,925 453,921     261,348    
Income tax (benefit) expense   841,889 109,179     122,403    
Net income   $ 2,301,036 $ 344,742     $ 138,945    
Earnings per share:                
Basic earnings per share (in dollars per share)   $ 0.16 $ 0.02     $ 0.01    
Diluted earnings per share (in dollars per share)   $ 0.15 $ 0.02     $ 0.01    
Statement of Stockholders' Equity [Abstract]                
Total equity   $ 35,102,397 $ 30,483,395 29,734,412   $ 30,483,395   29,569,627
Cash flows from operating activities:                
Net (loss) income   2,301,036 344,742     138,945    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                
Depreciation and amortization   2,342,544 1,700,476     3,329,653    
Deferred income taxes           72,386    
Changes in operating assets and liabilities, net of acquisitions:                
Upfront regional developer fees           0    
Deferred revenue           492,473    
Other liabilities           404,329    
Net cash provided by (used in) operating activities           1,465,160    
Cash flows from investing activities:                
Reacquisition and termination of regional developer rights           (2,650,000)    
Net cash used in investing activities           (11,414,961)    
Decrease in cash           (9,876,748)    
As Previously Reported | Accumulated Deficit                
Stockholders' equity:                
Total equity     (13,380,196) (13,724,938)   (13,380,196)   (13,519,142)
Statement of Stockholders' Equity [Abstract]                
Total equity     (13,380,196) (13,724,938)   (13,380,196)   (13,519,142)
As Previously Reported | Total The Joint Corp. stockholders' equity                
Stockholders' equity:                
Total equity     30,458,395 29,709,412   30,458,395   29,544,627
Statement of Stockholders' Equity [Abstract]                
Total equity     30,458,395 29,709,412   30,458,395   29,544,627
As Previously Reported | Regional developer fees                
Revenues:                
Total revenues   149,478 169,953     371,740    
Adjustments                
ASSETS                
Intangible assets, net   (1,914,106) (2,356,584)     (2,356,584)    
Deferred tax assets   3,486,439 3,202,634     3,202,634    
Total assets   1,572,333 846,050     846,050    
Current liabilities:                
Deferred franchise and regional development fee revenue, current portion   (2,978,937) (2,981,534)     (2,981,534)    
Deferred franchise fee revenue, current portion   2,487,795 2,393,993     2,393,993    
Upfront Regional Developer Fees, current portion   491,142 587,541     587,541    
Other current liabilities   98,043 49,022     49,022    
Total current liabilities   98,043 49,022     49,022    
Deferred franchise and regional development fee revenue, net of current portion   (15,682,833) (15,447,554)     (15,447,554)    
Deferred franchise revenue, net of current portion   14,233,564 13,584,091     13,584,091    
Upfront Regional Developer Fees, net of current portion   1,449,270 1,863,463     1,863,463    
Other liabilities   1,260,649 1,064,565     1,064,565    
Total liabilities   1,358,693 1,113,587     1,113,587    
Stockholders' equity:                
Accumulated deficit   213,640 (267,537)     (267,537)    
Total The Joint Corp. stockholders' equity   213,640 (267,537)     (267,537)    
Total equity   213,640 (267,537) 949,073   (267,537)   739,057
Liabilities and Equity   1,572,333 846,050     846,050    
Revenues:                
Total revenues   (149,478) (169,953)     (371,740)    
Cost of revenues:                
Cost of revenues     (169,953)     (371,740)    
Total cost of revenues   (149,478) (169,953)     (371,740)    
Depreciation and amortization   (127,489) (238,606)     (531,126)    
General and administrative expenses   102,361 2,042,279     2,197,082    
Total selling, general and administrative expenses   (25,128) 1,803,673     1,665,956    
Loss from operations   25,128 (1,803,673)     (1,665,956)    
Income before income tax expense (benefit)   25,128 (1,803,673)     (1,665,956)    
Income tax (benefit) expense   0 (587,063)     (659,363)    
Net income   $ 25,128 $ (1,216,610)     $ (1,006,593)    
Earnings per share:                
Basic earnings per share (in dollars per share)   $ 0 $ (0.08)     $ (0.07)    
Diluted earnings per share (in dollars per share)   $ 0.01 $ (0.08)     $ (0.07)    
Statement of Stockholders' Equity [Abstract]                
Total equity   $ 213,640 $ (267,537) 949,073   $ (267,537)   739,057
Cash flows from operating activities:                
Net (loss) income   25,128 (1,216,610)     (1,006,593)    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                
Depreciation and amortization   (127,489) (238,606)     (531,126)    
Deferred income taxes           (904,469)    
Changes in operating assets and liabilities, net of acquisitions:                
Upfront regional developer fees           (824,658)    
Deferred revenue           371,740    
Other liabilities           245,106    
Net cash provided by (used in) operating activities           (2,650,000)    
Cash flows from investing activities:                
Reacquisition and termination of regional developer rights           2,650,000    
Net cash used in investing activities           2,650,000    
Decrease in cash           0    
Adjustments | Accumulated Deficit                
Stockholders' equity:                
Total equity     (267,537) 949,073   (267,537)   739,057
Statement of Stockholders' Equity [Abstract]                
Total equity     (267,537) 949,073   (267,537)   739,057
Adjustments | Total The Joint Corp. stockholders' equity                
Stockholders' equity:                
Total equity     (267,537) 949,073   (267,537)   739,057
Statement of Stockholders' Equity [Abstract]                
Total equity     (267,537) $ 949,073   (267,537)   $ 739,057
Adjustments | Regional developer fees                
Revenues:                
Total revenues   $ (149,478) $ (169,953)     $ (371,740)