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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 11,531 $ 12,159
Accounts receivable-trade, net of allowance for credit losses of $31 at June 30, 2024 and December 31, 2023. 394 264
Inventory 37,191 37,993
Income tax receivable 682 248
Prepaid expenses 910 475
Other current assets 84 113
Total current assets 50,792 51,252
Property and equipment, at cost 30,069 28,678
Less accumulated depreciation (18,730) (18,131)
Property and equipment, net 11,339 10,547
Operating lease assets 9,453 8,995
Financing lease assets 0 23
Deferred income taxes 770 880
Other assets 440 438
TOTAL ASSETS 72,794 72,135
CURRENT LIABILITIES:    
Accounts payable-trade 2,397 2,333
Accrued expenses and other liabilities 2,388 3,140
Income taxes payable 0 288
Current portion of operating lease liabilities 3,132 3,172
Total current liabilities 7,917 8,933
Deferred income taxes 9 9
Uncertain tax positions 388 388
Other non-current liabilities 210 205
Operating lease liabilities, non-current 6,734 6,253
Finance lease liabilities, non-current 0 1
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Common stock, $0.0024 par value; 25,000,000 shares authorized; 9,846,670 and 9,823,621 shares issued at June 30, 2024 and December 31, 2023, respectively; 8,422,546 and 8,399,245 shares outstanding at June 30, 2024 and December 31, 2023, respectively 23 23
Paid-in capital 4,335 3,981
Retained earnings 64,285 63,659
Treasury stock at cost (1,424,376 shares at June 30, 2024 and December 31, 2023) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (1,334) (1,544)
Total stockholders' equity 57,536 56,346
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 72,794 $ 72,135