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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows From Operating Activities:    
Net income $ 576,000 $ 552,000
Adjustments to reconcile net income to net cash and cash equivalents used in operating activities:    
Stock-based compensation 109,000 22,000
Depreciation and amortization 244,000 243,000
Equity in income of unconsolidated affiliate (138,000) (109,000)
Non-cash lease expense 162,000 237,000
Changes in operating assets and liabilities:    
Accounts receivable, net (923,000) (3,024,000)
Accounts receivable, related party (15,000) 865,000
Inventories, net (638,000) 303,000
Prepaid expenses 383,000 190,000
Accounts payable and accrued liabilities (743,000) (737,000)
Lease liabilities (186,000) (239,000)
Net cash and cash equivalents used in operating activities (1,169,000) (1,697,000)
Cash Flows From Investing Activities:    
Purchases of property and equipment (83,000) (289,000)
Cash Flows From Financing Activities:    
Proceeds from exercise of stock options 815,000 350,000
Repurchase of common stock (1,417,000) (833,000)
Treasury stock excise tax (14,000) 0
Net cash and cash equivalents used in financing activities (616,000) (483,000)
Decrease in cash and cash equivalents (1,868,000) (2,469,000)
Cash and cash equivalents, beginning of the year 20,378,000 16,290,000
Cash and cash equivalents, end of the year 18,510,000 13,821,000
Supplemental disclosure of non-cash transactions:    
Net non-cash changes to operating leases $ 4,803,000 $ 0