Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
On May 26, 2021, our Board of
Directors (the “Board”) approved a stock repurchase authorization. Under the authorization, we were originally able
to repurchase up to $3.0 million of outstanding shares of our common stock through May 26, 2022. On May 26, 2022, the Board removed
the date limitation. The shares of our common stock may be repurchased under the authorization on the open market or in privately
negotiated transactions subject to applicable securities laws and regulations. The following table sets forth information concerning
purchases of shares of our common stock for three months ended March 31, 2023:
Period
Total Number of
Shares Purchased
Average
Price Paid
per Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs
Approximate Dollar
Value of Shares that
May Yet be Purchased
Under the Plans or
Programs
January 1 – January 31, 2023
-
$ -
-
$ 275,000
February 1 – February 28, 2023
-
-
-
$ 275,000
March 1 – March 31, 2023
-
-
-
$ 275,000
Total
-
$ -
-
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
None.
18
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.