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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Taxes [Abstract]  
Schedule Of Components Of The Income Tax Provision


Years Ended December 31

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Federal

 

$

19

  

 

$

10

State

 

 

1

 

 

 

1

 

Deferred:

 

 

 

 

 

 

 

 

Federal

 

 

(48

)

 

 

38

State

 

 

0

 

 

0

Total Federal and State Income Taxes

 

$

(28

)

 

$

49

Schedule Of Effective Income Tax Rate Reconciliation


Years Ended December 31

 

 

2022

 

 

2021

 


 

 

 

 

 

 

Computed “Expected” Federal Tax Expense

 

$

15

  

 

$

96

Increase (Decrease) in Taxes Resulting From:

 

 

 

 

 

 

 

 

State Income Taxes, net of Federal Benefit

 

 

1

 

 

 

1

 

R&D Credits

 

 

0

 

 

(99

)

Permanent Differences

 

 

2

 

 

 

4

 

Other

 

 

(46

)

 

 

47

Total Federal and State Income Taxes

 

$

(28

)

 

$

49

Schedule Of Net Deferred Tax Assets and Liabilities


December 31

 

 

2022

 

 

2021

 


 

 

 

 

 

 

Deferred Tax Assets:

 

 

 

 

 

 

 

 

Vacation accrual

 

$

25

 

 

$

27

 

Allowance for doubtful accounts

 

 

2

 

 

 

2

 

Stock compensation

 

 

91

 

 

 

96

 

Bonus

 

 

11

 

 

 

4

 

Depreciation and amortization

 

 

94

 

 

 

100

 

Inventory Obsolescence


2



2

R&D credit carryforward

 

 

313

 

 

 

220

 

Valuation allowance 

 

 

(252

)

 

 

(220

)

Total Deferred Tax Assets

 

 

286

 

 

 

231

 


 

 

 

 

 

 

 

 

Deferred Tax Liabilities:

 

 

 

 

 

 

 

 

Prepaid expenses

 

 

30

 

 

 

23

 

Total Deferred Tax Liabilities

 

 

30

 

 

 

23

 


 

 

 

 

 

 

 

 

Net Deferred Tax Asset

 

$

256

 

 

$

208