v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 6,437 $ 16,087
Accounts receivable-trade, net of allowance for credit losses of $51 at June 30, 2026 and December 31, 2025 304 425
Inventory 37,066 33,238
Prepaid expenses 584 721
Other current assets 100 111
Total current assets 44,491 50,582
Property and equipment, at cost 27,122 26,203
Less accumulated depreciation (16,571) (15,978)
Property and equipment, net 10,551 10,225
Operating lease assets 25,425 24,736
Deferred income taxes 413 380
Other assets 722 710
TOTAL ASSETS 81,602 86,633
CURRENT LIABILITIES:    
Accounts payable-trade 3,027 2,154
Accrued expenses and other liabilities 2,679 3,704
Income taxes payable 233 428
Current portion of operating lease liabilities 3,830 3,512
Total current liabilities 9,769 9,798
Uncertain tax positions 227 227
Other non-current liabilities 148 149
Operating lease liabilities, non-current 24,501 23,868
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.0024 par value; 15,000,000 shares authorized; 9,616,451 and 9,497,251 shares issued at June 30, 2026 and December 31, 2025, respectively; 8,192,075 and 8,072,875 shares outstanding at June 30, 2026 and December 31, 2025, respectively 22 22
Paid-in capital 3,748 3,651
Retained earnings 55,419 60,843
Treasury stock at cost (1,424,376 shares at June 30, 2026 and December 31, 2025) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (2,459) (2,152)
Total stockholders’ equity 46,957 52,591
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 81,602 $ 86,633