SHAREHOLDERS' EQUITY |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| SHAREHOLDERS' EQUITY | |
| SHAREHOLDERS' EQUITY | NOTE 5—SHAREHOLDERS’ EQUITY At December 31, 2021 a total of 10,790,413 shares of common stock were and outstanding. At December 31, 2020 a total of 10,785,913 shares of common stock were and outstanding. During 2021, there were 4,500 shares issued by the Company. On October 26, 2020, the Board of Directors approved a stock repurchase program of up to $400,000 of the Company’s outstanding shares of common stock. Repurchases may be completed in public or private transactions. The repurchase program does not require the Company to acquire any specific number of shares, and may be suspended from time to time in accordance with the Company's insider trading policy and existing best practices, or it may be discontinued. Repurchases completed under the program are expected to be funded from available working capital. |