Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 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, 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      
Issuance of common stock $ 1 1
Issuance of common stock, shares   21,336        
Treasury stock purchased $ (15) (15)
Treasury stock purchased, shares     7,566,000      
Series C issuance costs (13) (13)
Stock-based compensation expense 15 15
Net income 1,647 1,647
Balance at Mar. 31, 2025 $ 407 $ (2,069) 234,813 (233,733) (582)
Balance, shares at Mar. 31, 2025 47,000 4,560,999        
Treasury Balance, shares at Mar. 31, 2025     137,906      
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      
Issuance of common stock
Issuance of common stock, shares   8,334        
Treasury stock purchased $ (6) (6)
Treasury stock purchased, shares     3,296,000      
Stock-based compensation expense 4 4
Net income 721 721
Series C conversion into common stock $ 233 (233)
Series C conversion into common stock, shares (47,000) 23,267,327        
Balance at Mar. 31, 2026 $ 640 $ (2,078) $ 234,604 $ (210,084) $ 23,082
Balance, shares at Mar. 31, 2026 27,844,994        
Treasury Balance, shares at Mar. 31, 2026     144,090