Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

v3.23.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss)
Total Stockholders’ Equity
Balance – December 31, 2021 at Dec. 31, 2020 $ 241,000 $ 66,124,000 $ (17,193,000) $ (10,000) $ 49,162,000
Beginning Balance, Shares at Dec. 31, 2020 24,105,879        
Dividends and dividend equivalents declared (2,429,000) (2,429,000)
Stock-based compensation 238,000 238,000
Vesting of restricted stock units $ 1,000 (1,000)
Vesting of restricted stock units, shares 70,000        
Value of shares delivered to pay exercise price and withholding taxes (14,000) (14,000)
Value of shares delivered to pay withholding taxes, Shares (5,192)        
Treasury stock purchased and retired $ (4,000) (1,073,000) (1,077,000)
Treasury stock purchased and retired, shares (378,475)        
Net unrealized loss on corporate bonds and notes (2,000) (2,000)
Net loss 14,281,000 14,281,000
Balance – December 31, 2022 at Dec. 31, 2021 $ 238,000 66,361,000 (6,428,000) (12,000) 60,159,000
Ending Balance, Shares at Dec. 31, 2021 23,792,212        
Dividends and dividend equivalents declared (2,418,000) (2,418,000)
Stock-based compensation 585,000 585,000
Vesting of restricted stock units $ 2,000 (2,000)
Vesting of restricted stock units, shares 182,500        
Cashless exercise of stock options $ 5,000 (5,000)
Cashless exercise of options, Shares 500,000        
Value of shares delivered to pay exercise price and withholding taxes $ (3,000) (352,000) (355,000)
Value of shares delivered to pay withholding taxes, Shares (382,543)        
Treasury stock purchased and retired $ (3,000) (531,000) (534,000)
Treasury stock purchased and retired, shares (228,530)        
Net unrealized loss on corporate bonds and notes (2,000) (2,000)
Net loss (2,326,000) (2,326,000)
Balance – December 31, 2022 at Dec. 31, 2022 $ 239,000 $ 66,939,000 $ (12,055,000) $ (14,000) $ 55,109,000
Ending Balance, Shares at Dec. 31, 2022 23,863,639