XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 10,033 $ 7,975
Accounts receivable-trade, net of allowance for doubtful accounts of $34 and $56 at June 30, 2023 and December 31, 2022, respectively 421 370
Inventory 37,513 38,227
Income tax receivable 392 302
Prepaid expenses 375 272
Other current assets 68 106
Total current assets 48,802 47,252
Property and equipment, at cost 28,273 28,124
Less accumulated depreciation (17,524) (16,962)
Property and equipment, net 10,749 11,162
Operating lease assets 10,886 9,742
Financing lease assets 29 31
Other intangibles, net of accumulated amortization of $549 at June 30, 2023 and December 31, 2022 5 5
Other assets 456 387
TOTAL ASSETS 70,927 68,579
CURRENT LIABILITIES:    
Accounts payable-trade 2,338 3,082
Accrued expenses and other liabilities 2,659 2,681
Income taxes payable 700 211
Current portion of operating lease liabilities 3,335 2,881
Current portion of finance lease liabilities 11 15
Total current liabilities 9,043 8,870
Uncertain tax positions 450 450
Other non-current liabilities 326 326
Operating lease liabilities, non-current 8,111 7,469
Finance lease liabilities, non-current 1 1
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Common stock, $0.0024 par value; 25,000,000 shares authorized; 9,756,724 and 9,717,525 shares issued at June 30, 2023 and December 31, 2022, respectively; 8,332,348 and 8,293,149 shares outstanding at June 30, 2023 and December 31, 2022, respectively 23 23
Paid-in capital 3,669 3,222
Retained earnings 61,086 59,891
Treasury stock at cost (1,424,376 shares at June 30, 2023 and December 31, 2022) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (2,009) (1,900)
Total stockholders' equity 52,996 51,463
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 70,927 $ 68,579