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NOTE 9 — Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense |
|  | Years Ended December 31,
|  | 2024 |  | 2023
Current: |  |  |  |  |  |
Federal |  | $ | — |  | $ | —
State |  |  | — |  |  | —
Total Current |  |  | — |  |  | —
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | (470,000 | ) |  |  | (967,300 | )
State |  |  | (81,000 | ) |  |  | (476,700 | )
Total Deferred |  |  | (551,000 | ) |  |  | (1,444,000 | )
Income tax benefit |  | $ | (551,000 | ) |  | $ | (1,444,000 | )
Schedule of Effective Income Tax Rate Reconciliation |
|  | Years Ended December 31,
|  | 2024 |  | 2023
Income at US statutory rate |  |  | 21.0 | % |  |  | 21.0 | %
State taxes, net of federal benefit |  |  | 2.9 | % |  |  | 13.9 | %
Valuation allowance |  |  | 0.6 | % |  |  | 0.5 | %
Stock compensation |  |  | 2.4 | % |  |  | -0.8 | %
Tax credits |  |  | -0.6 | % |  |  | 0.3 | %
Other |  |  | -6.5 | % |  |  | 8.6 | %
Provision for taxes |  |  | 19.7 | % |  |  | 42.8 | %
Schedule of Deferred Tax Assets and Liabilities |
|  | December 31,
Deferred tax assets: |  | 2024 |  | 2023
Net operating loss carryforwards |  | $ | 6,189,000 |  |  | $ | 6,201,000 |
Tax credits |  |  | 879,000 |  |  |  | 891,000 |
Accruals & reserves |  |  | 1,092,000 |  |  |  | 1,118,000 |
Lease liabilities |  |  | 786,000 |  |  |  | 920,000 |
Depreciation |  |  | (98,000 | ) |  |  | 12,000 |
Share-based compensation |  |  | 160,000 |  |  |  | 229,000 |
Capitalized Research Costs |  |  | 2,805,000 |  |  |  | 2,078,000 |
Total deferred tax assets |  |  | 11,813,000 |  |  |  | 10,449,000 |
Valuation allowance |  |  | (430,000 | ) |  |  | (446,000 | )
Net deferred tax assets |  |  | 11,383,000 |  |  |  | 11,003,000 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Amortization |  |  | 8,000 |  |  |  | (29,000 | )
ROU assets |  |  | (728,000 | ) |  |  | (862,000 | )
Net deferred tax asset (liability) |  | $ | 10,663,000 |  |  | $ | 10,112,000 |
Schedule of Unrecognized Tax Benefits |
|  | Amount
Balance as of January 1, 2022 |  | $ | 1,016,000 |
Increases (decreases) for current year tax provisions |  |  | 24,000 |
Increases (decreases) for prior year tax provisions |  |  | (31,000 | )
Decreases for expiration of statute of limitations |  |  | — |
Settlements |  |  | — |
Balance as of December 31, 2023 |  |  | 1,009,000 |
Increases (decreases) for current year tax provisions |  |  | 13,000 |
Increases (decreases) for prior year tax provisions |  |  | (25,000 | )
Decreases for expiration of statute of limitations |  |  | — |
Settlements |  |  | — |
Balance as of December 31, 2024 |  | $ | 997,000 |

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