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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 3,050 $ 10,155
Accounts receivable-trade, net of allowance for doubtful accounts of $48 and $24 at September 30, 2022 and December 31, 2021, respectively 368 614
Inventory 42,307 38,084
Income tax receivable 1,663 972
Prepaid expenses 822 483
Other current assets 100 141
Total current assets 48,310 50,449
Property and equipment, at cost 28,302 27,750
Less accumulated depreciation (16,629) (15,989)
Property and equipment, net 11,673 11,761
Operating lease assets 9,783 10,438
Financing lease assets 34 37
Other intangibles, net of accumulated amortization of $549 and $548 at September 30, 2022 and December 31, 2021, respectively 5 6
Other assets 420 394
TOTAL ASSETS 70,225 73,085
CURRENT LIABILITIES:    
Accounts payable-trade 4,957 4,786
Accrued expenses and other liabilities 3,309 4,302
Current portion of operating lease liabilities 2,903 3,025
Current portion of finance lease liabilities 15 15
Current maturities of long-term debt 0 79
Total current liabilities 11,184 12,207
Uncertain tax positions 415 415
Other non-current liabilities 417 417
Operating lease liabilities, non-current 7,539 8,194
Finance lease liabilities, non-current 7 15
Long-term debt, net of current maturities 0 336
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized; none issued or outstanding; attributes to be determined on issuance 0 0
Common stock, $0.0024 par value; 25,000,000 shares authorized; 9,659,888 and 9,971,711 shares issued at September 30, 2022 and December 31, 2021, respectively; 8,235,512 and 8,547,335 shares outstanding at September 30, 2022 and December 31, 2021, respectively 23 24
Paid-in capital 2,972 3,959
Retained earnings 59,443 58,664
Treasury stock at cost (1,424,376 shares at September 30, 2022 and December 31, 2021) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (2,002) (1,373)
Total stockholders' equity 50,663 51,501
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 70,225 $ 73,085