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NOTE 9 — Income Taxes (Tables)

12 Months Ended

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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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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