Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Taxes

Schedule of components of income tax expense

	2022			2021
Current:
Federal	$	688		$	632
State		172			186
Foreign		142			109
Total Current		1,002			927
Deferred:
Federal		(202	)		(40	)
State		(37	)		(7	)
Foreign		(39	)		(59	)
Total Deferred		(278	)		(106	)
Total expense for income taxes	$	724		$	821

Schedule of effective income tax rate reconciliation

	2022						2021
	Amount			Percentage			Amount			Percentage
Federal statutory tax rate	$	558			21.0	%	$	864			21.0	%
State tax rate		114			4.2	%		139			3.4	%
Permanent difference – stock-based compensation		25			1.0	%		(55	)		(1.3	)%
Permanent difference – other		38			1.4	%		(83	)		(2.0	)%
Foreign tax credit generated		(96	)		(3.6	)%		(55	)		(1.3	)%
Tax on foreign earnings – tax reform		96			3.6	%		55			1.3	%
Foreign rate differential		15			0.6	%		13			0.3	%
FDII Deduction		(26	)		(1.0	)%		(57	)		(1.3	)%
Total	$	724			27.2	%	$	821			20.1	%

Schedule of deferred tax assets and liabilities

	2022			2021			Change
Assets:
Deferred revenue	$	29		$	89		$	(60	)
Allowance for doubtful accounts		185			152			33
Stock options		151			88			63
Transaction costs		41			44			(3	)
IRC Section 174 capitalized costs		216			—			216
ROU lease liability		427			496			(69	)
Other		10			48			(38	)
Total deferred tax asset		1,059			917			142
Liabilities
Prepaid expenses		—			(5	)		5
Basis difference in fixed assets		(155	)		(174	)		19
Capitalized software		(35	)		(50	)		15
ROU Assets		(393	)		(464	)		71
Purchase of intangibles		(1,048	)		(400	)		(648	)
Total deferred tax liability		(1,631	)		(1,093	)		(538	)
Total net deferred tax asset / (liability)	$	(572	)	$	(176	)	$	(396	)