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Note 14 - Stockholders' Deficit | 9 Months Ended
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Sep. 30, 2024
Notes to Financial Statements |
Equity [Text Block] | 14. Stockholders' Deficit: The following table summarizes stockholders' deficit transactions for the three and nine months September 30, 2024 (Dollar amounts in thousands of U.S. dollars):
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  |  |  |  |  |  |  |  |  | Additional |  |  |  |  |  |  | other |  |  | Total |
|  | Common stock |  |  | paid in |  |  | Retained earnings |  |  | comprehensive |  |  | stockholders' |
|  | Number |  |  | Amount |  |  | capital |  |  | (Accumulated Deficit) |  |  | income (loss) |  |  | deficit |
Balances, June 30, 2024 |  |  | 10,957,269 |  |  | $ | 35,527 |  |  | $ | 16,662 |  |  | $ | (85,386 | ) |  | $ | 129 |  |  | $ | (33,068 | )
Stock-based compensation(1) |  |  | 27,969 |  |  |  | 615 |  |  |  | 1,268 |  |  |  | - |  |  |  | - |  |  |  | 1,883 |
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (22,297 | ) |  |  | - |  |  |  | (22,297 | )
Other comprehensive income (loss) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 408 |  |  |  | 408 |
Balances, September 30, 2024 |  |  | 10,985,238 |  |  | $ | 36,142 |  |  | $ | 17,930 |  |  | $ | (107,683 | ) |  | $ | 537 |  |  | $ | (53,074 | )
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  |  |  |  |  |  |  |  |  | Additional |  |  |  |  |  |  | other |  |  | Total |
|  | Common stock |  |  | paid in |  |  | Retained earnings |  |  | comprehensive |  |  | stockholders' |
|  | Number |  |  | Amount |  |  | capital |  |  | (Accumulated Deficit) |  |  | income (loss) |  |  | deficit |
Balances, December 31, 2023 |  |  | 10,903,405 |  |  | $ | 34,373 |  |  | $ | 14,072 |  |  | $ | (40,298 | ) |  | $ | 1,728 |  |  | $ | 9,875 |
Stock-based compensation(1) |  |  | 81,833 |  |  |  | 1,769 |  |  |  | 3,858 |  |  |  | - |  |  |  | - |  |  |  | 5,627 |
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  | (67,385 | ) |  |  | - |  |  | (67,385 | )
Other comprehensive income (loss) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  | (1,191 | ) |  | (1,191 | )
Balances, September 30, 2024 |  |  | 10,985,238 |  |  | $ | 36,142 |  |  | $ | 17,930 |  |  | $ | (107,683 | ) |  | $ | 537 |  |  | $ | (53,074 | )
(1) The Company capitalizes stock-based compensation costs directly attributable to the development of qualifying assets. Qualifying assets include internal use software (IUS), assets under construction (AUC), equipment, or other long-lived assets that meet the capitalization criteria prescribed by ASC 350. During the three and nine month ended September 30, 2024, the Company capitalized $0.1 million and $0.2 million of stock-based compensation directly attributable to the development of certain IUS assets. Comparatively, during the three and nine months ended September 30, 2023, the Company capitalized $0.1 million and $0.3 million of stock-based compensation directly attributable to the development of certain IUS assets. 2024 Stock Buyback Program On February 23, 2024, the Company announced that its Board of Directors (“Board”) approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on February 23, 2024 and is expected to terminate on February 22, 2025. For the three and nine months ended September 30, 2024, the Company did not repurchase shares under this program. 2023 Stock Buyback Program On February 9, 2023, the Company announced that its Board has approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. Purchases were to be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on February 10, 2023 and terminated on February 9, 2024. During the nine months ended September 30, 2024 and September 30, 2023, the Company did not repurchase shares under this program. 2022 Stock Buyback Program On February 10, 2022, the Company announced that its Board approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. Purchases were to be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on February 11, 2022 and was terminated on February 10, 2023. For the nine months ended September 30, 2023 the Company did not repurchase shares under this program.

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