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FORM 10 - K ( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31 , 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Delaware ( State or other jurisdiction of incorporation or organization ) Commission file number 0-27408 SPAR GROUP , INC . ( Exact name of registrant as specified in its charter ) 1910 Opdyke Court , Auburn Hills , MI ( Address of principal executive offices ) Title of each class Common Stock , par value $ .01 per share 33-0684451 Registrant's telephone number , including area code : ( 248 ) 364-7727 333 Westchester Avenue , South Building , Suite 204 , White Plains , NY 10604 ( Former Name or Former Address , if Changed Since Last Report ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) SGRP Non - Accelerated Filer > ( I.R.S. Employer Identification No. ) Emerging Growth Company 48326 ( Zip Code ) Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . YES NO Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . YES NO > Indicate by check mark whether the Registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding twelve months ( or for such shorter period that the Registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . YES NO Name of each exchange on which registered The NASDAQ Stock Market LLC Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) YES NO Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer " , " accelerated filer " , " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . ) . ( Check one ) : Large Accelerated Filer Accelerated Filer Smaller reporting company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act . ) YES NO The aggregate market value of the Common Stock of the Registrant held by non - affiliates of the Registrant on December 31 , 2020 , based on the closing price of the Common Stock as reported by the Nasdaq Capital Market on such date , was approximately $ 9.6 million .