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NET INCOME PER SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Year ended December 31,
		2022				2021
Numerator for basic and diluted net income per Class A common stock and Class B common stock share:
Net income attributable to Taitron Components Inc.		$	3,208,000			$	2,010,000
Less cash dividends:
Class A common stock		$	1,492,000			$	837,000
Class B common stock		$	217,000			$	126,000
Total undistributed earnings		$	1,499,000			$	1,047,000

Class A common stock undistributed earnings - basic and diluted		$	1,308,000			$	910,000
Class B common stock undistributed earnings - basic and diluted		$	191,000			$	137,000
Total undistributed earnings - basic and diluted		$	1,499,000			$	1,047,000

Numerator for basic and diluted net income per share:
Class A common stock		$	2,800,000			$	1,747,000
Class B common stock		$	408,000			$	263,000
		$	3,208,000			$	2,010,000

		Year ended December 31,
		2022				2021
Denominator for basic and diluted net income per Class A common stock and Class B common stock share:
Weighted average number of common shares used in basic income per share (Class A common stock )			5,233,568				5,076,087
Weighted average number of common shares used in basic income per share (Class B common stock )			762,612				762,612
			5,996,180				5,838,699

Weighted average number of common shares used in diluted income per share (Class A common stock )			5,272,568				5,157,087
Weighted average number of common shares used in diluted income per share (Class B common stock )			762,612				762,612
			6,035,180				5,919,699

Basic net income per share:
Class A common stock		$	0.54			$	0.34
Class B common stock		$	0.54			$	0.34

Diluted net income per share:
Class A common stock		$	0.53			$	0.34
Class B common stock		$	0.54			$	0.34