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Income taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Provision for income taxes |
Provision for income taxes |  |  |  |  |  |
|  | For the Years Ended December 31, |
|  | 2022 |  |  | 2021 |
Current: |  |  |  |  |  |
Federal |  | $ | 645 |  |  | $ | 1,097 |
State and local |  |  | 444 |  |  |  | 951 |
Total current |  |  | 1,089 |  |  |  | 2,048 |
Deferred |  |  | (172 | ) |  |  | 257 |
Provision for income taxes |  | $ | 917 |  |  | $ | 2,305 |
Reconciliation to effective rate for income taxes |
Reconciliation to effective rate for income taxes |  |  |  |  |  |  |  |  |  |  |  |
|  | 2022 |  |  | 2021 |
|  | Amount |  |  | Percentage |  |  | Amount |  |  | Percentage |
Federal income tax at statutory rate |  | $ | 392 |  |  |  | 21.0% |  |  | $ | 1,179 |  |  |  | 21.0% |
State and local tax, net |  |  | 287 |  |  |  | 15.4% |  |  |  | 440 |  |  |  | 7.8% |
Other permanent differences |  |  | 8 |  |  |  | 0.4% |  |  |  | 6 |  |  |  | 0.1% |
Section 162m |  |  | 229 |  |  |  | 12.2% |  |  |  | 206 |  |  |  | 3.7% |
Stock based compensation |  |  | 127 |  |  |  | 6.8% |  |  |  | 100 |  |  |  | 1.8% |
Uncertain tax positions |  |  | – |  |  |  | –% |  |  |  | 218 |  |  |  | 3.9% |
Change in tax rates |  |  | (83 | ) |  |  | (4.4% | ) |  |  | 198 |  |  |  | 3.4% |
Other |  |  | (43 | ) |  |  | (2.3% | ) |  |  | (42 | ) |  |  | (0.7% | )
Provision for income taxes |  | $ | 917 |  |  |  | 49.1% |  |  | $ | 2,305 |  |  |  | 41.0% |
Schedule of deferred tax assets and liabilities |
Schedule of deferred tax assets and liabilities |  |  |  |  |  |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Deferred tax liabilities attributable to: |  |  |  |  |  |  |  |
Accumulated depreciation and amortization |  | $ | (3,394 | ) |  | $ | (3,401 | )
Unrealized gains |  |  | (472 | ) |  |  | (473 | )
Total deferred tax liabilities |  |  | (3,866 | ) |  |  | (3,874 | )
Deferred tax assets attributable to: |  |  |  |  |  |  |  |
Net operating losses |  |  | 6 |  |  |  | 6 |
Accrued compensation |  |  | 287 |  |  |  | 170 |
Incentive compensation |  |  | 194 |  |  |  | 164 |
Inventory |  |  | 328 |  |  |  | 324 |
Allowances for doubtful accounts and discounts |  |  | 5 |  |  |  | 5 |
Deferred revenue |  |  | – |  |  |  | 10 |
Other |  |  | 17 |  |  |  | (6 | )
Total net deferred tax assets |  |  | 837 |  |  |  | 673 |
Net deferred tax liabilities |  | $ | (3,029 | ) |  | $ | (3,201 | )
Schedule of tax attributes related to net operating losses |
Schedule of tax attributes related to net operating losses |  |  |  |  |  |  |  |  |
Tax Attributes |  | Gross Amount |  |  | Net Amount |  |  | Expiration Years |
State net operating losses |  | $ | 116 |  |  | $ | 6 |  |  |  | 2035 |
|  |  |  |  |  | $ | 6 |  |  |  |  |
Reconciliation of amount of unrecognized tax benefits |
Reconciliation of amount of unrecognized tax benefits |  |  |  |  |  |
|  | 2022 |  |  | 2021 |
Balance at January 1 |  | $ | 396 |  |  | $ | 95 |
Additions based on tax positions of prior years |  |  | – |  |  |  | 301 |
Settlement for tax positions of prior years |  |  | (396 | ) |  |  | – |
Balance at December 31 |  | $ | – |  |  | $ | 396 |

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