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

Consolidated Statements of Stockholders' Equity (Deficit)

v3.26.1
Consolidated Statements of Stockholders' Equity (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, 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      
Issuance of common stock $ 1 (1)
Issuance of common stock, shares   92,174        
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          
Treasury stock purchased $ (46) (46)
Treasury stock purchased, shares     34,296      
Stock-based compensation expense 291 291
Net income 6,702 6,702
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
Issuance of common stock $ 1 $ 1
Issuance of common stock, shares   29,670        
Treasury stock purchased $ (18) (18)
Treasury stock purchased, shares     10,454      
Stock-based compensation expense 35 35
Net income 24,575 24,575
Series C issuance costs (13) (13)
Balance at Dec. 31, 2025 $ 407 $ (2,072) $ 234,833 $ (210,805) $ 22,363
Balance, shares at Dec. 31, 2025 47,000 4,569,333        
Treasury Balance, shares at Dec. 31, 2025     140,794     140,794