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(10) Subsequent Events
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
(10) Subsequent Events

(10) Subsequent Events

 

On October 20, 2021, the Company purchased 1,999,995 shares of its stock for a purchase price of $12.5 million. The shares were acquired by the seller in 2018 upon the exercise of a warrant that the Company issued to its lender upon the 2008 amendment and partial repayment of outstanding debt under a residual interest financing. The shares purchased, which represent approximately 8.7% of the common shares outstanding prior to the transaction, have been cancelled and retired.