Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2023 $ 235,000 $ 67,446,000 $ (16,989,000) $ 50,692,000
Beginning balance, shares 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)
Ending balance, value at Mar. 31, 2024 $ 235,000 67,560,000 (19,362,000) 48,433,000
Ending balance, shares at Mar. 31, 2024 23,552,561      
Beginning balance, value at Dec. 31, 2024 $ 229,000 65,455,000 (21,373,000) 44,311,000
Beginning balance, shares at Dec. 31, 2024 22,961,619      
Dividends and dividend equivalents declared (1,171,000) (1,171,000)
Stock-based compensation 81,000 81,000
Vesting of restricted stock units
Vesting of restricted stock units, shares 32,500      
Value of shares delivered to pay withholding taxes (7,000) (7,000)
Value of shares delivered to pay withholding taxes, shares (5,348)      
Treasury stock purchased and retired $ (1,000) (149,000) (150,000)
Treasury stock purchased and retired, shares (106,662)      
Net loss (363,000) (363,000)
Ending balance, value at Mar. 31, 2025 $ 228,000 $ 64,365,000 $ (21,892,000) $ 42,701,000
Ending balance, shares at Mar. 31, 2025 22,882,109