Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: On September 11, 2024,
−Removed: our Board of Directors (the “Board”) approved and announced the repurchase of up to $5.0 million of outstanding shares
−Removed: of our common stock.
−Removed: The shares of our common stock may be repurchased under the authorization on the open market or in privately
−Removed: negotiated transactions subject to applicable securities laws and regulations.
−Removed: The current repurchase authorization does not expire
−Removed: and the approximate dollar value of shares that may yet be purchased under the plan as of December 31, 2024, was approximately
−Removed: The following table sets forth information concerning repurchases of shares of our common stock for the three months
−Removed: ended December 31, 2024:
+Added: On September 11, 2024, we announced the approval of a stock repurchase authorization.
+Added: Under the authorization, the Company could repurchase up to $5,000,000 shares of common stock.
+Added: A total of 280,017 shares were repurchased and retired under this authorization for a total cost of $5,000,000, or $17.86 per share.
+Added: This repurchase authorization has been exhausted in its entirety.
+Added: On March 6, 2025, we announced the approval of a new stock repurchase authorization.
+Added: Under the new authorization, the Company may repurchase up to $5,000,000 shares of common stock.
+Added: This repurchase authorization has no expiration date.
+Added: Through March 31, 2025, a total of 60,036 shares were repurchased and retired for a total cost of $1,449,000, or $24.14 per share.
+Added: Under this authorization, shares of our common stock may be repurchased on the open market or in privately negotiated transactions subject to applicable securities laws and regulations.
+Added: As of March 31, 2025, approximately $3,551,000 shares of common stock remained available for repurchase.
+Added: The following table sets forth information concerning all repurchases of shares of our common stock for the three months ended March 31, 2025:
Total Number of
−Removed: Shares Purchased
−Removed: as Part of Publicly
−Removed: Announced Plans
Approximate Dollar
+Added: Shares Purchased
Value of Shares that
+Added: as Part of Publicly
May Yet be Purchased
−Removed: Under the Plans or
−Removed: October 1 – October 31, 2024
−Removed: November 1 – November 30, 2024
−Removed: December 1 – December 31, 2024
+Added: Total Number of
+Added: Average Price
+Added: Announced Plans
+Added: Under the Plans
+Added: Shares Purchased
+Added: Paid per Share
+Added: January 1 – January 31, 2025
+Added: February 1 – February 28, 2025
+Added: March 1 – March 31, 2025
Defaults Upon Senior Securities.
1 unchanged sentence
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.