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SUBSEQUENT EVENTS
 3 Months Ended
Mar. 31, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

15.  SUBSEQUENT EVENTS

On April 22, 2025, the Board of Directors declared a regular cash dividend of $0.14 per share payable June 10, 2025 to common stockholders of record at the close of business May 9, 2025.

On April 23, 2025, the Company filed a shelf registration statement on Form S-3 which has not yet been declared effective and is subject to potential SEC review. The shelf registration includes a base prospectus and allows us to offer any combination of securities described in the prospectus, which include common stock, preferred stock, warrants, rights, depositary shares, purchase contracts and units containing two or more of the foregoing, in one or more offerings in an aggregate amount of up to $150 million. The Form S-3 is intended to provide us flexibility to conduct registered sales of our securities, subject to market conditions and our future capital needs. The registration statement also registers the resale of up to 24,414,029 shares of our common stock by members of our controlling stockholder group.