Income taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Provision for income taxes

	For the Years Ended December 31,
	2023			2022
Current:
Federal	$	3,591		$	645
State and local		1,719			444
Total current		5,310			1,089
Deferred		(28	)		(172	)
Provision for income taxes	$	5,282		$	917

Reconciliation to effective rate for income taxes

	2023				2022
	Amount		Percentage		Amount			Percentage
Federal income tax at statutory rate	$	3,496		21.0%	$	392			21.0%
State and local tax, net		1,126		6.8%		287			15.4%
Other permanent differences		17		0.1%		8			0.4%
Section 162m		435		2.6%		229			12.2%
Stock based compensation		203		1.2%		127			6.8%
Change in tax rates		5		0.0%		(83	)		(4.4%	)
Other		–		–%		(43	)		(2.3%	)
Provision for income taxes	$	5,282		31.7%	$	917			49.1%

Schedule of deferred tax assets and liabilities

	December 31,
	2023			2022
Deferred tax liabilities attributable to:
Accumulated depreciation and amortization	$	(3,519	)	$	(3,394	)
Unrealized gains		(469	)		(472	)
Total deferred tax liabilities		(3,988	)		(3,866	)
Deferred tax assets attributable to:
Net operating losses		6			6
Accrued compensation		403			287
Incentive compensation		301			194
Inventory		280			328
Allowances for doubtful accounts and discounts		3			5
Other		(6	)		17
Total net deferred tax assets		987			837
Net deferred tax liabilities	$	(3,001	)	$	(3,029	)

Schedule of tax attributes related to net operating losses

Tax Attributes	Gross Amount		Net Amount		Expiration Years
State net operating losses	$	116	$	6	2035
			$	6

Reconciliation of amount of unrecognized tax benefits

	2023		2022
Balance at January 1	$	–	$	396
Additions based on tax positions of prior years		–		–
Settlement for tax positions of prior years		–		(396	)
Balance at December 31	$	–	$	–