Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 12,632	$ 4,444
Accounts receivable, net of allowance for doubtful accounts and discounts & allowances of $1,430 and $1,820 at September 30, 2023 and December 31, 2022 respectively	13,095	11,414
Inventories, net	9,321	9,631
Prepaid expenses and other current assets	1,621	1,445
Refundable income taxes	260	44
Total current assets	36,929	26,978
Property, plant and equipment, net	22,285	20,905
Operating lease right-of-use asset	203	174
Goodwill	11,704	11,704
Intangible assets, net	7,033	7,438
Other assets	1,900	1,800
Total assets	80,054	68,999
Current liabilities
Current portion of note payable	1,250	1,250
Accounts payable	9,102	7,979
Accrued expenses	5,555	3,813
Accrued income taxes	500	0
Total current liabilities	16,407	13,042
Line of credit	2,777	2,777
Note payable	1,731	2,477
Operating lease liabilities	130	104
Deferred income taxes, net	3,029	3,029
Total liabilities	24,074	21,429
Commitments and contingencies (Note 9)
Stockholders’ equity
Preferred stock, no par value; 2,500 shares authorized; no shares issued or outstanding at September 30, 2023 and December 31, 2022	0	0
Common stock, no par value; 40,000 shares authorized; 17,274 shares issued; 14,691 and 14,645 outstanding at September 30, 2023 and December 31, 2022, respectively	6,509	6,509
Paid-in capital	4,338	3,624
Treasury stock, at cost	(16,695)	(16,993)
Retained earnings	61,828	54,430
Total stockholders' equity	55,980	47,570
Total liabilities and stockholders' equity	$ 80,054	$ 68,999