v3.25.4
Note 9 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
         
  

Years Ended December 31,

 
  

2025

  

2024

 
         

Domestic

  16,117   7,375 

Income before income taxes

  16,117   7,375 
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
  

Years Ended December 31,

 
  

2025

  

2024

 

Current:

        

Federal

 $55  $489 

State

  968   1,199 
   1,023   1,688 

Deferred:

        

Federal

  1,377   (1,581)

State

  181   (1,091)
   1,558   (2,672)
  $2,581  $(984)
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  

Year Ended December 31, 2025

 
  

Amount

  

Percent

 

U.S. federal statutory income tax rate

  3,385   21.00%

State and local income taxes1, net of federal income tax effect

  1,012   6.28%

Tax credits

        

Research and development tax credits

  (157)  -0.98%

Nontaxable or nondeductible items

        

Share-based Compensation

  (338)  -2.10%

Other

  25   0.16%

Changes in unrecognized tax benefits

  (1,419)  -8.80%

Other adjustments

        

Deferred only - Stock based compensation

  240   1.49%

Deferred only - Section 174

  (183)  -1.13%

Other

  16   -0.24%

Effective tax rate

  2,581   15.67%
  

Year Ended December 31,

 
  

2024

 
     

Statutory U.S. income tax rate

  21.00%

State taxes, net of federal benefit

  9.42%

Permanent differences

  0.84%

Change in valuation allowance

  (48.79)%

Change in tax credits

  (4.59)%

Uncertain tax position

  19.25%

Impact from rate changes

  (10.48)%

Effective income tax rate

  (13.35)%
Schedule of Cash Paid for Income Taxes [Table Text Block]
  

Year Ended December 31,

  

2025

Federal

 

972

State

  

California

 

1,190

Florida

 

302

New Mexico

 

122

Oregon

 

108

Idaho

 

111

Other states

 

313

Cash paid for income taxes, net of refunds received

 

3,118

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

Years Ended December 31,

 
  

2025

  

2024

 

Deferred tax assets:

        

R&D Tax Credits

 $1,877  $300 

Capitalized software and systems integration costs

  -   3,378 

Lease Liability

  434   343 

Capital loss Carryforward

  851   802 

Inventory allowance

  312   454 

Nonqualified Stock Options

  341   463 

Deferred warranty revenue

  2,738   2,638 

Net operating losses

  633   - 

Other

  199   194 

Deferred Tax Assets

  7,385   8,572 

Less: Valuation allowance

  (826)  (802)

Total Deferred Tax Assets

  6,559   7,770 
         

Deferred Tax Liabilities:

        

ROU Asset

  (414)  (301)

Capitalized software and systems integration costs

  (275)  - 

Depreciation

  (640)  (681)

Total deferred tax liabilities

  (1,329)  (982)
         
         

Total Deferred Tax Assets/(Liabilities)

 $5,230  $6,788 
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
  

Years Ended December 31,

 
  

2025

  

2024

 
         

Unrecognized tax benefits as of January 1

 $1,419  $- 

(Decreases) increases related to prior year tax positions

  (1,419)  1,265 

Increases related to current year tax positions

  -   154 

Decreases related to settlements of prior year tax positions

  -   - 

Decreases related to lapses of statute of limitations

  -   - 

Balance at December 31,

  -   1,419