Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Stockholders' Deficit

v3.25.1
Consolidated Statements of Stockholders' Deficit - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ 405 $ (1,976) $ 187,516 $ (244,036) $ (58,091)
Balance, shares at Dec. 31, 2022 4,367,830        
Treasury Balance, shares at Dec. 31, 2022     71,120      
Net income           514
Balance at Mar. 31, 2023   $ 405 $ (1,985) 187,708 (243,522) $ (57,394)
Balance, shares at Mar. 31, 2023   4,390,826        
Treasury Balance, shares at Mar. 31, 2023     79,412     79,412
Balance at Dec. 31, 2022 $ 405 $ (1,976) 187,516 (244,036) $ (58,091)
Balance, shares at Dec. 31, 2022 4,367,830        
Treasury Balance, shares at Dec. 31, 2022     71,120      
Net income           1,073
Balance at Jun. 30, 2023   $ 405 $ (1,985) 187,865 (242,963) $ (56,678)
Balance, shares at Jun. 30, 2023   4,390,826        
Treasury Balance, shares at Jun. 30, 2023     79,412     79,412
Balance at Dec. 31, 2022 $ 405 $ (1,976) 187,516 (244,036) $ (58,091)
Balance, shares at Dec. 31, 2022 4,367,830        
Treasury Balance, shares at Dec. 31, 2022     71,120      
Net income           887
Balance at Sep. 30, 2023   $ 405 $ (1,997) 188,017 (243,149) $ (56,724)
Balance, shares at Sep. 30, 2023   4,407,492        
Treasury Balance, shares at Sep. 30, 2023     85,720     85,720
Balance at Dec. 31, 2022 $ 405 $ (1,976) 187,516 (244,036) $ (58,091)
Balance, shares at Dec. 31, 2022 4,367,830        
Treasury Balance, shares at Dec. 31, 2022     71,120      
Issuance of common stock
Issuance of common stock, shares   79,659        
Treasury stock purchased $ (32) (32)
Treasury stock purchased, shares     24,924      
Stock-based compensation expense 630 630
Net income 1,954 1,954
Balance at Dec. 31, 2023 $ 405 $ (2,008) 188,146 (242,082) $ (55,539)
Balance, shares at Dec. 31, 2023 4,447,489        
Treasury Balance, shares at Dec. 31, 2023     96,044     96,044
Balance at Mar. 31, 2023   $ 405 $ (1,985) 187,708 (243,522) $ (57,394)
Balance, shares at Mar. 31, 2023   4,390,826        
Treasury Balance, shares at Mar. 31, 2023     79,412     79,412
Net income           $ 559
Balance at Jun. 30, 2023   $ 405 $ (1,985) 187,865 (242,963) $ (56,678)
Balance, shares at Jun. 30, 2023   4,390,826        
Treasury Balance, shares at Jun. 30, 2023     79,412     79,412
Net income           $ (186)
Balance at Sep. 30, 2023   $ 405 $ (1,997) 188,017 (243,149) $ (56,724)
Balance, shares at Sep. 30, 2023   4,407,492        
Treasury Balance, shares at Sep. 30, 2023     85,720     85,720
Balance at Dec. 31, 2023 $ 405 $ (2,008) 188,146 (242,082) $ (55,539)
Balance, shares at Dec. 31, 2023 4,447,489        
Treasury Balance, shares at Dec. 31, 2023     96,044     96,044
Net income           $ 708
Balance at Mar. 31, 2024   $ 406 $ (2,024) 188,224 (247,507) $ (54,768)
Balance, shares at Mar. 31, 2024   4,487,157        
Treasury Balance, shares at Mar. 31, 2024     110,759     110,759
Balance at Dec. 31, 2023 $ 405 $ (2,008) 188,146 (242,082) $ (55,539)
Balance, shares at Dec. 31, 2023 4,447,489        
Treasury Balance, shares at Dec. 31, 2023     96,044     96,044
Net income           $ 3,145
Balance at Jun. 30, 2024   $ 406 $ (2,024) 188,277 (245,310) $ (52,278)
Balance, shares at Jun. 30, 2024   4,487,157        
Treasury Balance, shares at Jun. 30, 2024     110,759     110,759
Balance at Dec. 31, 2023 $ 405 $ (2,008) 188,146 (242,082) $ (55,539)
Balance, shares at Dec. 31, 2023 4,447,489        
Treasury Balance, shares at Dec. 31, 2023     96,044     96,044
Net income           $ 4,821
Balance at Sep. 30, 2024   $ 406 $ (2,046) 188,363 (244,009) $ (50,538)
Balance, shares at Sep. 30, 2024   4,532,991        
Treasury Balance, shares at Sep. 30, 2024     128,196     128,196
Balance at Dec. 31, 2023 $ 405 $ (2,008) 188,146 (242,082) $ (55,539)
Balance, shares at Dec. 31, 2023 4,447,489        
Treasury Balance, shares at Dec. 31, 2023     96,044     96,044
Issuance of common stock $ 1 (1)
Issuance of common stock, shares   92,174        
Treasury stock purchased $ (46) (46)
Treasury stock purchased, shares     34,296      
Stock-based compensation expense 291 291
Net income 6,702 6,702
Issuance of Series C preferred stock, net of issuance costs 46,375 46,375
Issuance of Series C preferred stock, net of issuance costs, shares 47,000          
Balance at Dec. 31, 2024 $ 406 $ (2,054) 234,811 (235,380) $ (2,217)
Balance, shares at Dec. 31, 2024 47,000 4,539,663        
Treasury Balance, shares at Dec. 31, 2024     130,340     130,340
Balance at Mar. 31, 2024   $ 406 $ (2,024) 188,224 (247,507) $ (54,768)
Balance, shares at Mar. 31, 2024   4,487,157        
Treasury Balance, shares at Mar. 31, 2024     110,759     110,759
Net income           $ 2,437
Balance at Jun. 30, 2024   $ 406 $ (2,024) 188,277 (245,310) $ (52,278)
Balance, shares at Jun. 30, 2024   4,487,157        
Treasury Balance, shares at Jun. 30, 2024     110,759     110,759
Net income           $ 1,676
Balance at Sep. 30, 2024   $ 406 $ (2,046) $ 188,363 $ (244,009) $ (50,538)
Balance, shares at Sep. 30, 2024   4,532,991        
Treasury Balance, shares at Sep. 30, 2024     128,196     128,196