Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance – January 1, 2023 at Dec. 31, 2022 $ 239,000 $ 66,939,000 $ (12,055,000) $ (14,000) $ 55,109,000
Beginning Balance, Shares at January 1, 2023 at Dec. 31, 2022 23,863,639        
Dividends and dividend equivalents declared (1,196,000) (1,196,000)
Stock-based compensation 161,000 161,000
Vesting of restricted stock units $ 1,000 (1,000)
Vesting of restricted stock units Shares 123,750        
Value of shares delivered to pay withholding taxes (83,000) (83,000)
Value of shares delivered to pay withholding taxes shares (39,099)        
Treasury stock purchased and retired $ (1,000) (305,000) (306,000)
Treasury stock purchased and retired shares (136,785)        
Net loss (623,000) (623,000)
Balance – March 31, 2023 at Mar. 31, 2023 $ 239,000 67,099,000 (14,262,000) (14,000) 53,062,000
Ending Balance, Shares at March 31, 2023 at Mar. 31, 2023 23,811,505        
Balance – January 1, 2023 at Dec. 31, 2023 $ 235,000 67,446,000 (16,989,000) 50,692,000
Beginning Balance, Shares at January 1, 2023 at Dec. 31, 2023 23,553,908        
Dividends and dividend equivalents declared (1,207,000) (1,207,000)
Stock-based compensation 115,000 115,000
Vesting of restricted stock units $ 1,000 (1,000)
Vesting of restricted stock units Shares 111,250        
Value of shares delivered to pay withholding taxes (61,000) (61,000)
Value of shares delivered to pay withholding taxes shares (28,853)        
Treasury stock purchased and retired $ (1,000) (185,000) (186,000)
Treasury stock purchased and retired shares (83,744)        
Net loss (920,000) (920,000)
Balance – March 31, 2023 at Mar. 31, 2024 $ 235,000 $ 67,560,000 $ (19,362,000) $ 48,433,000
Ending Balance, Shares at March 31, 2023 at Mar. 31, 2024 23,552,561