v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 10,103 $ 16,087
Accounts receivable-trade, net of credit losses of $51 at March 31, 2026 and December 31, 2025 313 425
Inventory 33,697 33,238
Prepaid expenses 691 721
Other current assets 96 111
Total current assets 44,900 50,582
Property and equipment, at cost 26,804 26,203
Less accumulated depreciation (16,280) (15,978)
Property and equipment, net 10,524 10,225
Operating lease assets 24,997 24,736
Deferred income taxes 393 380
Other assets 709 710
TOTAL ASSETS 81,523 86,633
CURRENT LIABILITIES:    
Accounts payable-trade 3,257 2,154
Accrued expenses and other liabilities 3,031 3,704
Income taxes payable 641 428
Current portion of operating lease liabilities 3,684 3,512
Total current liabilities 10,613 9,798
Uncertain tax positions 227 227
Other non-current liabilities 148 149
Operating lease liabilities, non-current 24,033 23,868
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Common stock, $0.0024 par value; 15,000,000 shares authorized; 9,567,945 and 9,497,251 shares issued at March 31, 2026 and December 31, 2025, respectively; 8,143,569 and 8,072,875 shares outstanding at March 31, 2026 and December 31, 2025, respectively 22 22
Paid-in capital 3,607 3,651
Retained earnings 55,010 60,843
Treasury stock at cost (1,424,376 shares at March 31, 2026 and December 31, 2025) (9,773) (9,773)
Accumulated other comprehensive loss, net of tax (2,364) (2,152)
Total stockholders' equity 46,502 52,591
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 81,523 $ 86,633