Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
On September 11, 2024,
our Board of Directors (the “Board”) approved and announced the repurchase of up to $5.0 million of outstanding shares
of our common stock. 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 current repurchase authorization does not expire
and the approximate dollar value of shares that may yet be purchased under the plan as of December 31, 2024, was approximately
$464,000. The following table sets forth information concerning repurchases of shares of our common stock for the three months
ended December 31, 2024:
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
October 1 – October 31, 2024
-
$ -
-
$ 464,000
November 1 – November 30, 2024
-
$ -
-
$ 464,000
December 1 – December 31, 2024
-
$ -
-
$ 464,000
Total
-
-
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
None.
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.