Note 6 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2023			2022
Current
Federal	$	388		$	855
State		75			55
Foreign		491			557
Deferred
Federal		(2,360	)		-
State		(241	)		-
Foreign		239			-
Income Tax Expense	$	(1,408	)	$	1,467

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2023			2022
Statutory Rate	$	1,148		$	572
State Income Tax		79			41
Effect of Foreign Operations		(124	)		(82	)
Research and Development		(316	)		-
Change in State Deferred Rate		-			29
Valuation Allowance		(2,563	)		587
Maquiladora Tax		158			153
US Permanent Differences		(44	)		(28	)
Federal Tax Credits		-			(272	)
Global Intangible Low-Taxed Income Effect		7			301
Withholding Tax		318			122
IRS Payable		-			17
Other		(71	)		27
	$	(1,408	)	$	1,467

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

	2023		2022
Domestic	$	3,307	$	990
Foreign		2,159		2,487
	$	5,466	$	3,477

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2023			2022
Deferred Tax
Inventory	$	423		$	391
Accrued Bonus		440			462
Stock-Based Compensation and Equity Appreciation Rights		206			159
Other Accruals		415			675
Lease Accounting Lease Liability		1,229			1,351
Capitalized Research Expenses		1,007			318
Tax Credit Carryforwards		94			156
Intangibles		477			515
Other		139			208
Total		4,430			4,235
Valuation Allowance		-			(2,563	)
Deferred Tax Assets		4,430			1,672
Lease Accounting Lease Asset		(1,168	)		(1,301	)
Withholding Tax		(239	)		-
Prepaid Expenses		(213	)		(143	)
Property and Equipment		(276	)		(161	)
Other		(133	)		(67	)
Deferred Tax Liabilities		(2,029	)		(1,672	)
Net Deferred Tax Assets	$	2,401		$	-

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

Balance as of December 31, 2022	$	50
Tax Positions - Additions		81
Tax Positions - Reductions		-
Balance as of December 31, 2023	$	131