XML 68 R55.htm IDEA: XBRL DOCUMENT v3.22.4
Note H - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2022
Dec. 31, 2021
State NOL and tax credit carryforwards $ 2,336,000 $ 2,153,000
Doubtful accounts 1,933,000 1,928,000
Research and development expenses 1,284,000 0
Insurance (primarily product liability) 1,142,000 1,073,000
Inventory 1,095,000 803,000
Vacation 908,000 855,000
Other 1,457,000 1,502,000
Subtotal 10,155,000 8,314,000
Deferred Tax Assets, Valuation Allowance 1,960,000 1,695,000
Total deferred tax assets 8,195,000 6,619,000
Goodwill and other intangibles 2,157,000 1,974,000
Depreciation 532,000 0
Deferred revenue 0 3,000
Total deferred tax liabilities 2,689,000 1,977,000
Net deferred tax assets $ 5,506,000 $ 4,642,000