XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Treasury Stock
Capital in Excess of Par
Accumulated other comprehensive loss
Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2020     11,871,307 1,254,492      
Balance, amount at Dec. 31, 2020 $ 92,800,402 $ 0 $ 118,713 $ (3,895,883) $ 70,769,165 $ 9,880,062 $ 15,928,345
Stock-based compensation 981,067 0 $ 0 0 981,067 0 0
Vesting of restricted stock awards, shares     99,123        
Vesting of restricted stock awards, amount 0 0 $ 991 0 (991) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (26,210)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (181,706) 0 $ (262) $ 0 (181,444) 0 0
Acquisition of treasury stock, shares       128,585      
Acquisition of treasury stock, amount (1,040,050) 0 0 $ (1,040,050) 0 0 0
Dividends (854,272) 0 0 0 0 0 (854,272)
Net income (loss) 1,012,264 0 0 0 0 0 1,012,264
Change in unrealized losses on available-for-sale securities, net of tax (2,753,059) 0 $ 0 $ 0 0 (2,753,059) 0
Balance, shares at Jun. 30, 2021     11,944,220 1,383,077      
Balance, amount at Jun. 30, 2021 89,964,646 0 $ 119,442 $ (4,935,933) 71,567,797 7,127,003 16,086,337
Balance, shares at Mar. 31, 2021     11,935,321 1,262,527      
Balance, amount at Mar. 31, 2021 89,012,681 0 $ 119,353 $ (3,961,798) 71,116,917 6,548,178 15,190,031
Stock-based compensation 486,069 0 $ 0 0 486,069 0 0
Vesting of restricted stock awards, shares     13,201        
Vesting of restricted stock awards, amount 0 0 $ 132 0 (132) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (4,302)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (35,100) 0 $ (43) $ 0 (35,057) 0 0
Acquisition of treasury stock, shares       120,550      
Acquisition of treasury stock, amount (974,135) 0 0 $ (974,135) 0 0 0
Dividends (427,055) 0 0 0 0 0 (427,055)
Net income (loss) 1,323,361 0 0 0 0 0 1,323,361
Change in unrealized gains on available-for-sale securities, net of tax 578,825 0 $ 0 $ 0 0 578,825 0
Balance, shares at Jun. 30, 2021     11,944,220 1,383,077      
Balance, amount at Jun. 30, 2021 89,964,646 0 $ 119,442 $ (4,935,933) 71,567,797 7,127,003 16,086,337
Balance, shares at Dec. 31, 2021     11,955,660 1,471,406      
Balance, amount at Dec. 31, 2021 75,672,194 0 $ 119,557 $ (5,567,481) 72,467,483 1,796,739 6,855,896
Stock-based compensation 1,016,443 0 $ 0   1,016,443 0  
Vesting of restricted stock awards, shares     234,219        
Vesting of restricted stock awards, amount     $ 2,342   (2,342)    
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (72,798)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (379,799)   $ (728)   (379,071)    
Dividends (851,266)           (851,266)
Net income (loss) (14,577,151)           (14,577,151)
Change in unrealized losses on available-for-sale securities, net of tax (13,790,997)         (13,790,997)  
Balance, shares at Jun. 30, 2022     12,117,081 1,471,406      
Balance, amount at Jun. 30, 2022 47,089,424 0 $ 121,171 $ (5,567,481) 73,102,513 (11,994,258) (8,572,521)
Balance, shares at Mar. 31, 2022     12,109,307 1,471,406      
Balance, amount at Mar. 31, 2022 58,460,194 0 $ 121,093 $ (5,567,481) 72,638,286 (5,964,578) (2,767,126)
Stock-based compensation 486,029 0 $ 0 0 486,029 0 0
Vesting of restricted stock awards, shares     12,149        
Vesting of restricted stock awards, amount 0 0 $ 121 0 (121) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (4,375)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (21,724) 0 $ (43) 0 (21,681) 0 0
Dividends (425,776) 0 0 0 0 0 (425,776)
Net income (loss) (5,379,619) 0 0 0 0 0 (5,379,619)
Change in unrealized losses on available-for-sale securities, net of tax (6,029,680) 0 $ 0 $ 0 0 (6,029,680) 0
Balance, shares at Jun. 30, 2022     12,117,081 1,471,406      
Balance, amount at Jun. 30, 2022 $ 47,089,424 $ 0 $ 121,171 $ (5,567,481) $ 73,102,513 $ (11,994,258) $ (8,572,521)