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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 8,623 $ 7,975
Accounts receivable-trade, net of allowance for doubtful accounts of $31 and $56 at September 30, 2023 and December 31, 2022, respectively 295 370
Inventory 38,585 38,227
Income tax receivable 392 302
Prepaid expenses 206 272
Other current assets 71 106
Total current assets 48,172 47,252
Property and equipment, at cost 28,399 28,124
Less accumulated depreciation (17,790) (16,962)
Property and equipment, net 10,609 11,162
Operating lease assets 9,406 9,742
Financing lease assets 25 31
Other intangibles, net of accumulated amortization of $549 at September 30, 2023 and December 31, 2022 5 5
Other assets 458 387
TOTAL ASSETS 68,675 68,579
CURRENT LIABILITIES:    
Accounts payable-trade 1,415 3,082
Accrued expenses and other liabilities 2,617 2,681
Income taxes payable 357 211
Current portion of operating lease liabilities 3,248 2,881
Current portion of finance lease liabilities 3 15
Total current liabilities 7,640 8,870
Uncertain tax positions 450 450
Other non-current liabilities 326 326
Operating lease liabilities, non-current 6,613 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; 9,754,023 and 9,717,525 shares issued at September 30, 2023 and December 31, 2022, respectively; 8,329,647 and 8,293,149 shares outstanding at September 30, 2023 and December 31, 2022, respectively 23 23
Paid-in capital 3,867 3,222
Retained earnings 61,722 59,891
Treasury stock at cost (1,424,376 shares at September 30, 2023 and December 31, 2022) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (2,194) (1,900)
Total stockholders' equity 53,645 51,463
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 68,675 $ 68,579