Quarterly report pursuant to Section 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
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total Stockholders’ Equity
Balance – March 31, 2022 at Dec. 31, 2021 $ 238,000 $ 66,361,000 $ (6,428,000) $ (12,000) $ 60,159,000
Beginning Balance, Shares at Dec. 31, 2021 23,792,212        
Dividends and dividend equivalents declared (1,190,000) (1,190,000)
Stock-based compensation 55,000 55,000
Vesting of restricted stock units $ 1,000 (1,000)
Vesting of restricted stock units, shares 136,250        
Value of shares delivered to pay withholding taxes (112,000) (112,000)
Value of shares delivered to pay withholding taxes, Shares (45,438)        
Net unrealized loss on corporate bonds and notes (3,000) (3,000)
Net loss (1,312,000) (1,312,000)
Balance – June 30, 2022 at Mar. 31, 2022 $ 239,000 66,415,000 (9,042,000) (15,000) 57,597,000
Ending Balance, Shares at Mar. 31, 2022 23,883,024        
Dividend equivalents rights paid (5,000) (5,000)
Stock-based compensation 178,000 178,000
Vesting of restricted stock units
Vesting of restricted stock units, shares 11,250        
Net unrealized loss on corporate bonds and notes (1,000) (1,000)
Treasury stock purchased and retired $ (1,000) (246,000) (247,000)
Treasury stock purchased and retired, shares (103,080)        
Net loss (1,532,000) (1,532,000)
Balance – June 30, 2022 at Jun. 30, 2022 $ 238,000 66,593,000 (10,825,000) (16,000) 55,990,000
Ending Balance, Shares at Jun. 30, 2022 23,791,194        
Balance – March 31, 2022 at Dec. 31, 2022 $ 239,000 66,939,000 (12,055,000) (14,000) 55,109,000
Beginning Balance, Shares 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 – June 30, 2022 at Mar. 31, 2023 $ 239,000 67,099,000 (14,262,000) (14,000) 53,062,000
Ending Balance, Shares at Mar. 31, 2023 23,811,505        
Stock-based compensation 106,000 106,000
Vesting of restricted stock units
Vesting of restricted stock units, shares 11,250        
Treasury stock purchased and retired $ (1,000) (25,000) (26,000)
Treasury stock purchased and retired, shares (11,495)        
Net loss (476,000) (476,000)
Balance – June 30, 2022 at Jun. 30, 2023 $ 238,000 $ 67,205,000 $ (14,763,000) $ (14,000) $ 52,666,000
Ending Balance, Shares at Jun. 30, 2023 23,811,260