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Repurchase of Common Stock | 3 Months Ended
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Mar. 31, 2026
Repurchase Of Common Stock |
Repurchase of Common Stock | 13. Repurchase of Common Stock On November 1, 2025, the Board of Directors authorized the Company to use up to $25.0 million to repurchase common shares of the Company, subject to repurchases being effected on or before November 30, 2028 (the “Share Repurchase Program”). Management has discretion as to whether to repurchase shares of the Company. During the three months ended March 31, 2026, the Company repurchased 387,230 shares under the Share Repurchase Program for gross payments of approximately $2.6 million, which were canceled and retired immediately as of the trade date. As of March 31, 2026, approximately $22.0 million remained available for future repurchases under the Share Repurchase Program. Refer to Part II, Item 2 of this report for further details regarding shares repurchased during the three months ended March 31, 2026.

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