Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
On August 3, 2022, the Company’s Board of Directors authorized the 2022 Repurchase Program to repurchase up to $15.0 million of the Company's outstanding common stock. The Board's authorization does not have an expiration date. The following table presents information related to our purchases of our common stock pursuant to the 2022 Repurchase Program during the three months ended March 31, 2023:
Period (1)
Total Number of Shares Purchased Weighted Average Price Paid per Share (2)
Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Approximate Dollar Value that May Yet Be Purchased Under the Program (2)
Three Months Ended March 31, 2023
January 1, 2023 to January 31, 2023 91,173 $ 5.66 91,173 $ 7,300,982
February 1, 2023 to February 28, 2023 85,438 6.26 85,438 6,766,462
March 1, 2023 to March 31, 2023 746,650 5.62 746,650 2,569,940
Total 923,261 $ 5.68 923,261 $ 2,569,940
(1) Based on trade date.
(2) Includes brokerage commissions and clearing fees.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
None.
ITEM 4. MINE SAFETY DISCLOSURES
None.
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