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Common Stock and Treasury Stock
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Common Stock and Treasury Stock

7. Common stock and treasury stock

Common stock

As of September 30, 2020 and December 31, 2019, the number of issued shares of common stock was 12,371,665 and 11,657,912, respectively, which included shares of treasury stock of 224,755 and 103,147, respectively. The change in the number of issued shares of common stock was due to an aggregate of 713,753 shares of common stock issued as a result of the vesting of RSUs.

Treasury stock

As of September 30, 2020 and December 31, 2019, the Company held 224,755 and 103,147 shares of treasury stock, with a cost of $3,083 and $1,255, respectively, as a result of the shares withheld to pay withholding taxes upon the vesting of RSUs.