XML 34 R23.htm IDEA: XBRL DOCUMENT v3.26.1
Subsequent events
 3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 15 — Subsequent events

 

On April 28, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.25 per common share. The dividend will be payable on June 30, 2026, to shareholders of record at the close of business on May 29, 2026.

 

On April 30, 2026 the Company filed a pre-effective amendment to its registration statement on Form S-3 (originally filed on October 29, 2025) pursuant to which it may issue, from time to time, up to $150.0 million of securities, which will be reduced by any amount of securities sold pursuant to the Company’s ATM Agreement (see Note 8 – Common Stock)

 

Subsequent to March 31, 2026, the U.S. government established a claims process to refund certain tariffs deemed unlawful following a Supreme Court decision. The Company believes it may be eligible for refunds related to tariffs previously paid. As of the date of issuance, the Company has submitted a claim but the timing, eligibility, and amount of any potential recovery remain subject to uncertainty and administrative review. Accordingly, no receivable or gain has been recognized as of March 31, 2026.