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Note 12 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		December 31,				December 31,
		2023				2022
Current taxes
Federal		$	1,080			$	1,874
State			614				434
Total current taxes			1,694				2,308
Deferred taxes
Federal			(332	)			(279	)
State			(17	)			(134	)
Total deferred taxes			(349	)			(413	)
Provision for income taxes		$	1,345			$	1,895

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		December 31,				December 31,
		2023				2022
Deferred tax assets
Workers' compensation claims liability			1,578			$	1,227
Bad debt reserve			49				17
Accrued vacation			80				73
Impairment of notes receivable			153				63
Stock based compensation			92				268
Net operating loss carryforward			92				123
Other			40				87
Total deferred tax asset			2,084				1,858
Deferred tax liabilities
Depreciation and amortization			(1,702	)			(1,918	)
Deferred gain on installment sale			(57	)			-
Total deferred tax liabilities			(1,759	)			(1,918	)
Total deferred taxes, net		$	325			$	(60	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		December 31, 2023								December 31, 2022
Income tax expense based on statutory rate		$	1,634				21.0	%		$	2,913				21.0	%
Non-deductible executive compensation			142				1.8	%			120				0.9	%
Stock based compensation			(77	)			(1.0	)%			(75	)			(0.5	)%
State income taxes expense net of federal taxes			468				6.0	%			210				1.5	%
WOTC			(925	)			(11.9	)%			(1,269	)			(9.1	)%
Other			103				1.3	%			(4	)			(0.0	)%
Total taxes on income		$	1,345				17.3	%		$	1,895				13.7	%

X

- Definition

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 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.

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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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