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Income taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

Schedule of provision for income taxes
		For the Years Ended December 31,
		2024				2023
Current:
Federal		$	3,371			$	3,591
State and local			1,512				1,719
Total current			4,883				5,310
Deferred			61				(28	)
Provision for income taxes		$	4,944			$	5,282

Schedule of reconciliation to effective rate for income taxes

Schedule of reconciliation to effective rate for income taxes
		2024								2023
		Amount				Percentage				Amount				Percentage
Federal income tax at statutory rate		$	2,933				21.0%			$	3,496				21.0%
State and local tax, net			737				5.3%				1,126				6.8%
Other permanent differences			29				0.2%				17				0.1%
Section 162m			1,074				7.7%				435				2.6%
Stock based compensation			167				1.2%				203				1.2%
Change in tax rates			2				0.0%				5				0.0%
Other			2				0.0%				–				–%
Provision for income taxes		$	4,944				35.4%			$	5,282				31.7%

Schedule of deferred tax assets and liabilities

Schedule of deferred tax assets and liabilities
		December 31,
		2024				2023
Deferred tax liabilities attributable to:
Accumulated depreciation and amortization		$	(3,829	)		$	(3,519	)
Unrealized gains			(467	)			(469	)
Total deferred tax liabilities			(4,296	)			(3,988	)
Deferred tax assets attributable to:
Net operating losses			6				6
Accrued compensation			454				403
Incentive compensation			499				301
Inventory			279				280
Allowances for doubtful accounts and discounts			2				3
Other			(6	)			(6	)
Total net deferred tax assets			1,234				987
Net deferred tax liabilities		$	(3,062	)		$	(3,001	)

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

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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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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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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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
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-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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