Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes

Schedule Of Income Tax Expense/(benefit)

	Years Ended December 31,
	2023		2022
Current:
Federal	$	25	$	0
State		29		0
		54		0
Deferred:
Federal		0		0
State		0		0
		0		0
	$	54	$	0

Schedule Of Effective Income Tax Rate

	Years Ended December 31,
	2023			2022
Statutory U.S. income tax rate		(21.00	)%		(21.00	)%
State taxes, net of federal benefit		1.34	%		0.00	%
Permanent differences		0.87	%		0.12	%
Change in valuation allowance		48.01	%		23.6	%
Change in tax credits and state NOLs		(16.59	)%		(3.38	)%
Impact from accounting method change and expired options		(10.14	)%		0.66	%
Effective income tax rate		2.49	%		0.00	%

Schedule Of Deferred Tax Assets And Liabilities

	Years Ended December 31,
	2023			2022
Deferred tax assets:
Operating loss carryforwards	$	1,857		$	2,989
R&D Tax Credits		2,779			2,625
Section 263A costs		56			50
Amortization		1,029			15
Interest		34			0
Net ROU asset and lease liability		53			63
Unrealized loss		628			508
Asset reserves:
Bad debts		12			11
Inventory allowance		430			280
Accrued expenses:
Non-qualified stock options		343			159
Compensation		107			86
Deferred warranty revenue		1,934			1,174
Deferred tax assets		9,262			7,960
Less valuation allowance		(4,398	)		(3,356	)
Total deferred tax assets		4,864			4,604
Deferred tax liabilities:
Depreciation		(748	)		(488	)
Total deferred tax liabilities		(748	)		(488	)
Net deferred tax assets	$	4,116		$	4,116