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Income taxes (Tables)

12 Months Ended

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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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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