XML 35 R19.htm IDEA: XBRL DOCUMENT v3.26.1
Note 8 - Stockholders' Equity
 12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Equity [Text Block]

Note 8 – Stockholders’ Equity

 

Share Buyback Program

In December 2025, we repurchased approximately 38 thousand shares of our common stock at an average price of $10.04 per share, for an aggregate cost of approximately $377 thousand, pursuant to the share repurchase program authorized by our Board of Directors. We account for share repurchases under the cost method. Repurchased shares are initially recorded as treasury stock and are periodically retired. Upon retirement, the full cost of the repurchased shares is recorded as a reduction to retained earnings.

 

Subsequent to December 31, 2025, we repurchased approximately 168 thousand shares of our common stock for an aggregate cost of approximately $1.8 million under this program.

 

Dividend

Historically, we have paid a quarterly dividend. The following common share dividends were paid during 2025 and 2024 (total paid in thousands):

 

Declaration date

 

Dividend

  

Total paid

 

March 1, 2024

 $0.06   838 

June 1, 2024

  0.06   838 

September 1, 2024

  0.06   841 

December 1, 2024

  0.06   842 

March 1, 2025

  0.06   842 

June 1, 2025

  0.06   842 

September 1, 2025

  0.06   844 

December 1, 2025

  0.06   844