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Income Taxes (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Income Taxes

Schedule of components of provision (benefit) for income taxes

​

​	​	​	​	​	​	​
​		2023			2022
Current:	​	​	​	​	​	​
Federal	​	$	272	​	$	—
State	​		7	​		5
Total current	​		279	​		5
Deferred:	​		​	​
Federal	​		(71)	​		1,096
State	​		—	​		104
Total deferred	​		(71)	​		1,200
Total income tax provision	​	$	208	​	$	1,205

Schedule of deferred tax (liabilities) assets, net

​

​	​	​	​	​	​	​
​		2023			2022
Deferred Tax Assets:	​	​	​	​	​	​
Impairment	​	$	1,134	​	$	1,147
Accruals	​		107	​		108
Reserves	​		52	​		75
Interest carryforward	​		31	​		31
Net operating losses	​		3,849	​		2,387
Other	​		60	​		40
Financial instruments	​	​	1,392	​	​	—
Start-up costs	​	​	982	​	​	—
UNICAP 263A	​		175	​		395
Valuation allowance	​		(7,011)	​		(3,583)
Total deferred tax assets	​	$	771	​		600
Deferred Tax Liabilities:	​	​	​	​	​	​
Prepaid Expense	​	$	(162)	​		(24)
Other	​		(30)	​		(157)
Depreciation	​		(597)	​		(509)
Total deferred tax liabilities	​		(789)	​		(690)
Deferred tax (liabilities) assets, net	​	$	(18)	​	$	(90)

Schedule of total provision (benefit) for income taxes varies from federal statutory rate

​

​	​	​	​	​	​	​	​
​		2023			2022
Loss before income tax expense	​	$	(22,060)	​	$	(12,085)	​
Statutory tax rate	​		21	%		21	%
Income tax (benefit) expense at federal statutory rate	​		(4,633)	​		(2,538)	​
Increase (decrease) resulting from:	​		​	​			​
Permanent differences	​		2,300	​		494	​
State income tax, net of federal benefit	​		(177)	​		(343)	​
Valuation allowance	​		3,428	​		3,583	​
Other, net	​		(710)	​		9	​
Income tax expense	​		208	​		1,205	​
Current income tax expense	​		279	​		5	​
Deferred income tax (benefit)	​		(71)	​		1,200	​
Total	​	$	208	​	$	1,205	​

Schedule of changes in valuation allowance

​

​	​	​	​	​	​	​
​		2023			2022
Balance, beginning of the year	​	$	3,583	​	$	—
Additions to valuation allowance	​	​	3,428	​		3,583
Balance, end of the year	​	​	7,011	​		3,583

Schedule of reconciliation of unrecognized tax benefits

​

​	​	​	​	​	​	​
​		2023			2022
Balance, beginning of the year	​	$	—	​	$	—
Additions	​		—	​		—
Balance, end of the year	​		—	​		—

Schedule of effective income tax rates

​

​	​	​	​	​	​	​
​		2024			2023
Three months ended March 31,	​	​	(0.78)	%	(7.97)	%

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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 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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Tabular disclosure of the change in unrecognized tax benefits.

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Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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