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Stockholders' Equity | 6 Months Ended
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Jun. 30, 2024
Stockholders' Equity |
Stockholders' Equity | Note 5 – Stockholders’ Equity Restricted Stock Units In May 2024, the Compensation Committee of the Company’s Board of Directors approved the Company’s grant of 31,250 restricted stock units to certain employees under the Interlink Electronics, Inc. 2016 Omnibus Incentive Plan. A summary of the status of the Company’s nonvested restricted stock units as of and for the year-to-date period ended June 30, 2024, is as follows: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted-
​ | ​ | ​ | ​ | Average
​ | ​ | ​ | ​ | Grant-Date
​ | ​ | ​ | ​ | Fair Value
Nonvested Restricted Stock Units | ​ | Shares | ​ | (per share)
Nonvested at January 1, 2024 |  | — | ​ | $ | —
Granted |  | 31,250 | ​ |  | 4.35
Vested |  | — | ​ |  | —
Forfeited |  | — | ​ |  | —
Nonvested at June 30, 2024 |  | 31,250 | ​ | $ | 4.35
​ As of June 30, 2024, there was approximately $131,000 of total unrecognized compensation cost related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 4.6 years. Stock Repurchase Transaction In May 2023, the Company’s Board of Directors approved the Company’s repurchase of 8,250 shares of common stock that were previously issued and sold in a private transaction to an individual in December 2022. The Company repurchased the shares for $50,050 ($6.07 per share), which is the same price at which the Company issued and sold the shares in December 2022. Stock Repurchase Program In May 2023, the Company’s Board of Directors approved a Stock Repurchase Program to repurchase up to 100,000 shares of the Company’s common stock. During the three and six months ended June 30, 2024, the Company did not repurchase any shares. During the three months ended June 30, 2023, the Company repurchased 20,854 shares for an aggregate purchase price of approximately $127,000. The Stock Repurchase Program expired in May 2024.

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//718/tableOfContent + Details
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