7 unchanged sentences
The following table summarizes the stock repurchase plans approved by the board of directors over the past two years:
−Removed: February 2025 to October 2025 (1)
February 2026 to February 2027 (1)
−Removed: Approval Date February 2025 February 2023
−Removed: Authorized Repurchase Amount of Common Stock $5 million $10 million
−Removed: (1) During October 2025, the Company completed the stock repurchase program approved in February 2025, bringing total authorized purchases under the plan to 2.1 million shares for $ 5.0 million.
−Removed: (2) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $ 5.2 million.
−Removed: Table of Conte n t s
+Added: November 2025 to November 2026 (2)
+Added: February 2025 to October 2025 (3)
+Added: Approval Date February 2026 November 2025 February 2025
+Added: Authorized Repurchase Amount of Common Stock $10 million $5 million $5 million
+Added: (1) During February 2026, the Company announced that its Board approved a new stock repurchase program that permits the purchase of up to $10.0 million of Company's common stock through February 2027.
+Added: (2) During January 2026, the stock repurchase program approved in November 2025, expired with a total of 2.9 million shares purchased for $5.0 million.
+Added: (3) During October 2025, the stock repurchase program approved in February 2025, expired with a total of 2.1 million shares purchased for $ 5.0 million.
Stock Repurchases Pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated —Under the 2022 Omnibus Equity Award Plan, as Amended and Restated, and as further described in note 13 to the condensed consolidated financial statements, the Company repurchases its common stock withheld for income tax from the vesting of employee restricted stock or Performance-Based Restricted Stock Units (“PSUs”).
The Company remits the value, which is based on the closing share price on the vesting date, of the common stock withheld to the appropriate tax authority on behalf of the employee and the related shares become treasury stock.
−Removed: Stock repurchases during the three months ended September 30, 2025 were as follows:
+Added: Stock repurchases during the three months ended March 31, 2026 were as follows:
Period (a) Total Number of Shares Purchased (1)
2 unchanged sentences
(d) Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: July 1 through July 31, 2025 237,569 $ 2.84 176,482 $ 2,035,724
−Removed: August 1 through August 31, 2025 173,423 $ 2.57 171,026 $ 1,594,941
−Removed: September 1 through September 30, 2025 393,153 $ 2.92 393,153 $ 445,099
+Added: January 1 through January 31, 2026 533,646 $ 1.76 147,165 $ 83
+Added: February 1 through February 28, 2026 652,100 $ 2.56 555,526 $ 8,501,437
+Added: March 1 through March 31, 2026 792,608 $ 2.64 792,608 $ 6,405,722
Total 1,978,354 1,495,299 $ —
2 unchanged sentences
(3) Total number of shares purchased as part of publicly announced plans or programs includes shares purchased under our stock repurchase plans described above.
−Removed: Table of Conte n t s
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.