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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 12,159 $ 7,975
Accounts receivable-trade, net of allowance for doubtful accounts of $31 and $56 at December 31, 2023 and December 31, 2022, respectively 264 370
Inventory 37,993 38,227
Income tax receivable 248 302
Prepaid expenses 475 272
Other current assets 113 106
Total current assets 51,252 47,252
Property and equipment, at cost 28,678 28,124
Less accumulated depreciation (18,131) (16,962)
Property and equipment, net 10,547 11,162
Operating lease assets 8,995 9,742
Financing lease assets 23 31
Deferred income taxes 880 0
Other assets 438 392
TOTAL ASSETS 72,135 68,579
CURRENT LIABILITIES:    
Accounts payable-trade 2,333 3,082
Accrued expenses and other liabilities 3,140 2,681
Income taxes payable 288 211
Current portion of operating lease liabilities 3,172 2,881
Current portion of finance lease liabilities 0 15
Total current liabilities 8,933 8,870
Deferred income taxes 9 0
Uncertain tax positions 388 450
Other non-current liabilities 205 326
Operating lease liabilities, non-current 6,253 7,469
Finance lease liabilities, non-current 1 1
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDERS' EQUITY:    
Common stock, $0.0024 par value; 25,000,000 shares authorized; 9,823,621 and 9,717,525 shares issued at December 31, 2023 and December 31, 2022, respectively; 8,399,245 and 8,293,150 shares outstanding at December 31, 2023 and December 31, 2022, respectively 23 23
Paid-in capital 3,981 3,222
Retained earnings 63,659 59,891
Treasury stock at cost (1,424,376 shares at December 31, 2023 and December 31, 2022) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (1,544) (1,900)
Total stockholders' equity 56,346 51,463
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 72,135 $ 68,579