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Note 16 - Stockholders' Equity | 9 Months Ended
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Jun. 30, 2022
Notes to Financial Statements |
Stockholders' Equity Note Disclosure [Text Block] |
16. | STOCKHOLDERS’ EQUITY
Summary The following table summarizes changes in the components of stockholders’ equity during the nine months ended June 30, 2022 and the nine months ended June 30, 2021 (amounts in thousands, except par value and share amounts):
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Common Stock |  |  | Additional |  |  |  |  |  |  | Other |  |  | Total |
|  | Shares |  |  | Par Value Amount |  |  | Paid-in Capital |  |  | Accumulated Deficit |  |  | Comprehensive Loss |  |  | Stockholders' Equity |
Balance as of September 30, 2021 |  |  | 36,403,833 |  |  | $ | 364 |  |  | $ | 107,110 |  |  | $ | (41,154 | ) |  | $ | 2 |  |  | $ | 65,958 |
Share-based compensation expense |  |  | - |  |  |  | - |  |  |  | 558 |  |  |  | - |  |  |  | - |  |  |  | 558 |
Issuance of common stock upon exercise of stock options, net |  |  | 15,000 |  |  |  | - |  |  |  | 46 |  |  |  | - |  |  |  | - |  |  |  | 46 |
Stock buyback |  |  | (116,868 | ) |  |  | (1 | ) |  |  | (441 | ) |  |  | - |  |  |  | - |  |  |  | (441 | )
Release of obligation to issue commons stock |  |  | 69,564 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Accumulated other comprehensive loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (85 | ) |  |  | (85 | )
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (1,305 | ) |  |  | - |  |  |  | (1,305 | )
Balance as of December 31, 2021 |  |  | 36,371,529 |  |  | $ | 363 |  |  | $ | 107,273 |  |  | $ | (42,459 | ) |  | $ | (83 | ) |  | $ | 64,731 |
Share-based compensation expense |  |  | - |  |  |  | - |  |  |  | 737 |  |  |  | - |  |  |  | - |  |  |  | 737 |
Issuance of common stock upon exercise of stock options, net |  |  | 55,000 |  |  |  | 1 |  |  |  | 124 |  |  |  | - |  |  |  | - |  |  |  | 124 |
Issuance of common stock upon vesting of restricted stock units |  |  | 262,342 |  |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Shares retained for payment of taxes in connection with net share settlement of restricted stock units |  |  | (18,344 | ) |  |  | - |  |  |  | (70 | ) |  |  | - |  |  |  | - |  |  |  | (70 | )
Stock buyback |  |  | (142,442 | ) |  |  | (1 | ) |  |  | (557 | ) |  |  | - |  |  |  | - |  |  |  | (557 | )
Accumulated other comprehensive loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (1 | ) |  |  | (1 | )
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (492 | ) |  |  | - |  |  |  | (492 | )
Balance as of March 31, 2022 |  |  | 36,528,085 |  |  | $ | 365 |  |  | $ | 107,507 |  |  | $ | (42,951 | ) |  | $ | (84 | ) |  | $ | 64,472 |
Share-based compensation expense |  |  | - |  |  |  | - |  |  |  | 355 |  |  |  | - |  |  |  | - |  |  |  | 355 |
Issuance of common stock upon exercise of stock options, net |  |  | 60,000 |  |  |  | 1 |  |  |  | 83 |  |  |  | - |  |  |  | - |  |  |  | 83 |
Issuance of common stock upon vesting of restricted stock units |  |  | 7,920 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Accumulated other comprehensive loss |  |  |  |  |  |  |  |  |  |  | - |  |  |  | - |  |  |  | (452 | ) |  |  | (452 | )
Net loss |  |  |  |  |  |  |  |  |  |  | - |  |  |  | (589 | ) |  |  | - |  |  |  | (589 | )
Balance as of June 30, 2022 |  |  | 36,596,005 |  |  | $ | 366 |  |  | $ | 107,945 |  |  | $ | (43,540 | ) |  | $ | (536 | ) |  | $ | 63,869 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Common Stock |  |  | Additional |  |  |  |  |  |  | Other |  |  | Total |
|  | Shares |  |  | Par Value Amount |  |  | Paid-in Capital |  |  | Accumulated Deficit |  |  | Comprehensive Loss |  |  | Stockholders' Equity |
Balance as of September 30, 2020 |  |  | 33,561,544 |  |  | $ | 336 |  |  | $ | 91,248 |  |  | $ | (41,858 | ) |  | $ | (250 | ) |  | $ | 49,140 |
Share-based compensation expense |  |  | - |  |  |  | - |  |  |  | 182 |  |  |  | - |  |  |  | - |  |  |  | 182 |
Issuance of common stock upon exercise of stock options, net |  |  | 25,899 |  |  |  | - |  |  |  | 54 |  |  |  | - |  |  |  | - |  |  |  | 54 |
Obligation to issue common stock |  |  | - |  |  |  | - |  |  |  | 3,431 |  |  |  | - |  |  |  | - |  |  |  | 3,431 |
Accumulated other comprehensive income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 469 |  |  |  | 469 |
Net loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (619 | ) |  |  | - |  |  |  | (619 | )
Balance as of December 31, 2020 |  |  | 33,587,443 |  |  | $ | 336 |  |  | $ | 94,915 |  |  | $ | (42,477 | ) |  | $ | 219 |  |  | $ | 52,657 |
Share-based compensation expense |  |  | - |  |  | $ | - |  |  | $ | 328 |  |  | $ | - |  |  | $ | - |  |  | $ | 328 |
Issuance of common stock upon exercise of stock options, net |  |  | 60,563 |  |  |  | 1 |  |  |  | 116 |  |  |  | - |  |  |  | - |  |  |  | 116 |
Issuance of common stock upon vesting of restricted stock units |  |  | 223,633 |  |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Shares retained for payment of taxes in connection with net share settlement of restricted stock units |  |  | (22,073 | ) |  |  | - |  |  |  | (141 | ) |  |  | - |  |  |  | - |  |  |  | (141 | )
Accumulated other comprehensive loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (78 | ) |  |  | (78 | )
Net income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 262 |  |  |  | - |  |  |  | 262 |
Balance at March 31, 2021 |  |  | 33,849,566 |  |  | $ | 339 |  |  | $ | 95,218 |  |  | $ | (42,215 | ) |  | $ | 141 |  |  | $ | 53,144 |
Share-based compensation expense |  |  | - |  |  | $ | - |  |  | $ | 446 |  |  | $ | - |  |  | $ | - |  |  | $ | 446 |
Issuance of common stock upon vesting of restricted stock units |  |  | 5,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Issuance of common stock in business combination |  |  | 2,165,824 |  |  |  | 22 |  |  |  | 10,938 |  |  |  | - |  |  |  | - |  |  |  | 10,938 |
Release of obligation to issue commons stock |  |  | 121,703 |  |  |  | 1 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Accumulated other comprehensive income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 183 |  |  |  | 183 |
Net income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 290 |  |  |  | - |  |  |  | 290 |
Balance at June 30, 2021 |  |  | 36,142,093 |  |  | $ | 362 |  |  | $ | 106,602 |  |  | $ | (41,925 | ) |  | $ | 324 |  |  | $ | 65,001 |
Common stock activity During the nine months ended June 30, 2022, the Company issued 130,000 shares of common stock and received gross proceeds of $253 in connection with the exercise of stock options and the Company issued 251,918 shares of common stock in connection with the vesting of RSUs. During the nine months ended June 30, 2021, the Company issued 86,462 shares of common stock and received gross proceeds of $170 in connection with the exercise of stock options and the Company issued 206,560 shares of commons stock in connection with the vesting of RSUs. In connection with the Amika Mobile asset purchase, the Company agreed to issue 191,267 shares of the Company’s common stock to the former owners of Amika Mobile on each of the first, second and third anniversaries of the closing date. The total number of shares of common stock the Company is obligated to issue is 573,801. The fair value of the Company’s common stock on the closing date was $5.98, resulting in the addition of $3,431 to additional paid-in-capital. During the year ended September 30, 2021, the Company accelerated the issuance of 365,109 of such shares of common stock to a former owner of the Amika Mobile assets. During the nine months ended June 30, 2022, the Company issued 69,564 shares to the former owners of the Amika Mobile assets. There are 139,128 remaining shares of the Company’s common stock subject to issuance under this obligation. Share buyback program In December 2018, the Board of Directors approved a share buyback program beginning January 1, 2019 and expiring on December 31, 2020, under which the Company was authorized to repurchase up to $5 million of its outstanding common shares. In December 2020, the Board of Directors extended the buyback program until December 31, 2022. The previous program expired on December 31, 2018. During the nine months ended June 30, 2022, 259,310 shares were repurchased for $998. There were no shares repurchased during the nine months ended June 30, 2021. As of June 30, 2022, all repurchased shares were retired. Dividends There were no dividends declared in the nine months ended June 30, 2022 and 2021.

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