$TLF
TANDY LEATHER FACTORY INC Stock $tlf

$tlf Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000114036122029606 Filed on August 15, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$19.06M	$18.41M	$20.50M
YoY Change	-1.16%	-0.84%	-4.18%
Cost Of Revenue	$7.461M	$7.909M	$8.569M
YoY Change	-8.92%	8.57%	-6.94%
Gross Profit	$11.60M	$10.50M	$11.93M
YoY Change	4.57%	-6.91%	-2.09%
Gross Profit Margin	60.85%	57.04%	58.2%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$300.0K	$295.0K	$301.0K
YoY Change	12.78%	3.51%	18.5%
% of Gross Profit	2.59%	2.81%	2.52%
Operating Expenses	$10.62M	$11.24M	$11.10M
YoY Change	-4.13%	6.45%	-1.06%
Operating Profit	$976.0K	-$737.0K	$829.0K
YoY Change	8772.73%	-201.8%	-14.09%
Interest Expense	$1.000K	$8.000K	$2.000K
YoY Change	-150.0%	60.0%	-60.0%
% of Operating Profit	0.1%		0.24%
Other Income/Expense, Net	$5.000K	-$30.00K	$13.00K
YoY Change	-121.74%	11.11%	333.33%
Pretax Income	$981.0K	-$767.0K	$842.0K
YoY Change	-7107.14%	-210.04%	-13.02%
Income Tax	$258.0K	-$178.0K	$197.0K
% Of Pretax Income	26.3%		23.4%
Net Earnings	$723.0K	-$589.0K	$645.0K
YoY Change	-4618.75%	-209.07%	-13.42%
Net Earnings / Revenue	3.79%	-3.2%	3.15%
Basic Earnings Per Share	$0.09	-$0.07	$0.08
Diluted Earnings Per Share	$0.09	-$0.07	$0.08
COMMON SHARES
Basic Shares Outstanding	8.236M	8.279M	8.575M
Diluted Shares Outstanding	8.273M	8.279M	8.580M

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.050M	$5.588M	$10.34M
YoY Change	-49.88%	-2.03%	-3.96%
Cash & Equivalents	$3.050M	$5.588M	$10.34M
Short-Term Investments
Other Short-Term Assets	$100.0K	$126.0K	$615.0K
YoY Change	-89.59%	-88.9%	138.37%
Inventory	$42.31M	$40.11M	$37.75M
Prepaid Expenses	$822.0K
Receivables	$368.0K	$463.0K	$719.0K
Other Receivables	$1.660M	$1.905M	$876.0K
Total Short-Term Assets	$48.31M	$49.23M	$50.30M
YoY Change	-8.2%	-5.95%	-4.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.67M	$11.61M	$21.98M
YoY Change	-48.66%	-49.77%	79.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$420.0K	$393.0K	$395.0K
YoY Change	-7.89%	-14.0%	2.07%
Total Long-Term Assets	$21.92M	$21.89M	$22.38M
YoY Change	-5.54%	-7.13%	-6.78%
TOTAL ASSETS
Total Short-Term Assets	$48.31M	$49.23M	$50.30M
Total Long-Term Assets	$21.92M	$21.89M	$22.38M
Total Assets	$70.23M	$71.12M	$72.68M
YoY Change	-7.39%	-6.32%	-5.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.960M	$6.190M	$3.977M
YoY Change	-29.49%	-6.11%	-49.16%
Accrued Expenses	$6.210M	$3.385M	$6.743M
YoY Change	-8.77%	-51.97%	69.17%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$0.00	$0.00	$137.0K
YoY Change	-100.0%	-100.0%	878.57%
Total Short-Term Liabilities	$11.18M	$12.42M	$10.86M
YoY Change	-19.55%	-9.12%	-27.05%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$294.0K
YoY Change	-100.0%	-100.0%	-31.47%
Other Long-Term Liabilities	$417.0K	$417.0K	$8.974M
YoY Change	-95.48%	-95.65%	1838.23%
Total Long-Term Liabilities	$417.0K	$417.0K	$9.268M
YoY Change	-95.66%	-95.84%	939.01%
TOTAL LIABILITIES
Total Short-Term Liabilities	$11.18M	$12.42M	$10.86M
Total Long-Term Liabilities	$417.0K	$417.0K	$9.268M
Total Liabilities	$11.60M	$12.84M	$20.13M
YoY Change	-50.67%	-45.84%	27.58%
SHAREHOLDERS EQUITY
Retained Earnings	$59.44M	$58.72M
YoY Change
Common Stock	$23.00K	$23.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$9.773M	$9.773M
YoY Change
Treasury Stock Shares	$1.424M	$1.424M
Shareholders Equity	$50.66M	$50.14M	$52.55M
YoY Change
Total Liabilities & Shareholders Equity	$70.23M	$71.12M	$72.68M
YoY Change	-7.39%	-6.32%	-5.29%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	$723.0K	-$589.0K	$645.0K
YoY Change	-4618.75%	-209.07%	-13.42%
Depreciation, Depletion And Amortization	$300.0K	$295.0K	$301.0K
YoY Change	12.78%	3.51%	18.5%
Cash From Operating Activities	-$2.140M	-$2.100M	$277.0K
YoY Change	-391.95%	-57.71%	-87.44%
INVESTING ACTIVITIES
Capital Expenditures	$380.0K	-$290.0K	-$164.0K
YoY Change	-222.19%	202.08%	-241.38%
Acquisitions
YoY Change
Other Investing Activities	$0.00
YoY Change	-100.0%
Cash From Investing Activities	-$380.0K	-$290.0K	-$164.0K
YoY Change	26.67%	202.08%	41.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	-2.200M	-4.000K
YoY Change	-100.0%	11478.95%	-99.76%
NET CHANGE
Cash From Operating Activities	-2.140M	-2.100M	277.0K
Cash From Investing Activities	-380.0K	-290.0K	-164.0K
Cash From Financing Activities	0.000	-2.200M	-4.000K
Net Change In Cash	-2.520M	-4.590M	109.0K
YoY Change	-686.05%	-9.66%	-74.77%
FREE CASH FLOW
Cash From Operating Activities	-$2.140M	-$2.100M	$277.0K
Capital Expenditures	$380.0K	-$290.0K	-$164.0K
Free Cash Flow	-$2.520M	-$1.810M	$441.0K
YoY Change	-341.38%	-62.83%	-78.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3959000
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-22000
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8236112
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8547335
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	23000
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	24000
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2727000
	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	596000
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	19000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1823000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	212000
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10155000
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	48000
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	24000
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	463000
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	614000
CY2022Q2	us-gaap	Inventory Net InventoryNet	40112000
CY2021Q4	us-gaap	Inventory Net InventoryNet	38084000
CY2022Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1905000
CY2021Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	972000
CY2022Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	1036000
CY2021Q4	us-gaap	Other Assets Current OtherAssetsCurrent	141000
CY2022Q2	us-gaap	Assets Current AssetsCurrent	49230000
CY2021Q4	us-gaap	Assets Current AssetsCurrent	50449000
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27975000
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	15989000
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11606000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11761000
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	9848000
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	10438000
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	34000
CY2021Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	37000
CY2022Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6000
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	393000
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	394000
CY2022Q2	us-gaap	Assets Assets	71118000
CY2021Q4	us-gaap	Assets Assets	73085000
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	6190000
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4786000
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3385000
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4302000
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2831000
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3025000
CY2022Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	15000
CY2021Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	15000
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	79000
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	12421000
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	12207000
CY2022Q2	tlfa	Uncertain Tax Positions Noncurrent UncertainTaxPositionsNoncurrent	415000
CY2021Q4	tlfa	Uncertain Tax Positions Noncurrent UncertainTaxPositionsNoncurrent	415000
CY2022Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	417000
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	417000
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	7722000
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	8194000
CY2022Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	7000
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	15000
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	336000
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0024
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0024
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9660488
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9971711
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	58720000
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	58664000
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1424376
CY2022Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	1424376
CY2022Q2	us-gaap	Treasury Stock Value TreasuryStockValue	9773000
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	9773000
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1561000
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1373000
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	50136000
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	71118000
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	73085000
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	1619000
	us-gaap	Share Based Compensation ShareBasedCompensation	565000
	us-gaap	Share Based Compensation ShareBasedCompensation	387000
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-1000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-148000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	84000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2123000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	4754000
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	553000
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	329000
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-15000
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	5000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1336000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-934000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	44000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	912000
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1355000
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-48000
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	5000
	tlfa	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-1697000
	tlfa	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-1743000
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-1879000
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-4046000
CY2022Q2	us-gaap	Other Assets Current OtherAssetsCurrent	126000
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27750000
CY2022Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18410000
CY2021Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18566000
CY2022Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7909000
CY2021Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7285000
CY2021Q2	us-gaap	Gross Profit GrossProfit	11281000
CY2021Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	10557000
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-737000
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	724000
CY2022Q2	us-gaap	Interest Expense InterestExpense	8000
CY2021Q2	us-gaap	Interest Expense InterestExpense	5000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2204000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-212000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	7000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	7000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1798000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	454000
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-86000
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4625000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10155000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10329000
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5588000
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5704000
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-27000
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-767000
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-178000
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	157000
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-589000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	540000
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-253000
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	69000
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	609000
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8279108
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8664768
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8279108
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8670093
	us-gaap	Net Income Loss NetIncomeLoss	56000
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5588000
CY2021Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	483000
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	16369000
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	0
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0000909724
CY2022Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	549000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	548000
CY2022Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5000
CY2022Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	0
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	51501000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	38910000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39960000
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16478000
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16493000
CY2022Q2	us-gaap	Gross Profit GrossProfit	10501000
	us-gaap	Gross Profit GrossProfit	22432000
	us-gaap	Gross Profit GrossProfit	23467000
CY2022Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	11238000
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	22339000
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	21778000
	us-gaap	Operating Income Loss OperatingIncomeLoss	93000
	us-gaap	Operating Income Loss OperatingIncomeLoss	1689000
	us-gaap	Interest Expense InterestExpense	11000
	us-gaap	Interest Expense InterestExpense	10000
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-22000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-14000
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-30000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-17000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-24000
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	697000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	76000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1665000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	380000
	us-gaap	Net Income Loss NetIncomeLoss	56000
	us-gaap	Net Income Loss NetIncomeLoss	1285000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-188000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	36000
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-842000
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-132000
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1321000
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8426181
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8737854
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8432897
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8740116
	us-gaap	Net Income Loss NetIncomeLoss	1285000
	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	539000
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	1625000
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-8000
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1088000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2761000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-454000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	399000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1675000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	15000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1697000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4567000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	51501000
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	340000
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	645000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	65000
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	52551000
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	225000
CY2022Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0
CY2022Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	1798000
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-589000
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-253000
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	50136000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	52194000
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	183000
CY2021Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0
CY2021Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	1675000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	745000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-33000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	51414000
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	204000
CY2021Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	15000
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	540000
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	69000
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	52212000
CY2022Q2	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	100000
CY2021Q2	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	200000
CY2022Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet	0
CY2021Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet	0
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet	0
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet	0
CY2021Q4	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	5000000.0
CY2022Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	5000000.0

Files In Submission

Name	View Source	Status
0001140361-22-029606-index-headers.html	Edgar Link	pending
0001140361-22-029606-index.html	Edgar Link	pending
0001140361-22-029606.txt	Edgar Link	pending
0001140361-22-029606-xbrl.zip	Edgar Link	pending
brhc10040744_10q.htm	Edgar Link	pending
brhc10040744_ex31-1.htm	Edgar Link	pending
brhc10040744_ex31-2.htm	Edgar Link	pending
brhc10040744_ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tandy_logo.jpg	Edgar Link	pending
tlfa-20220630.xsd	Edgar Link	pending
tlfa-20220630_cal.xml	Edgar Link	unprocessable
tlfa-20220630_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
tlfa-20220630_lab.xml	Edgar Link	unprocessable
tlfa-20220630_pre.xml	Edgar Link	unprocessable
brhc10040744_10q_htm.xml	Edgar Link	completed

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2022 Q3 Form 10-Q Financial Statement

#000114036122029606 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TLF TANDY LEATHER FACTORY INC Stock $tlf

2022 Q3 Form 10-Q Financial Statement

#000114036122029606 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TLF
TANDY LEATHER FACTORY INC Stock $tlf