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Stockholders’ Equity
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Stockholders’ Equity

 

8. Stockholders’ Equity

 

On April 11, 2023, the Company adopted a share repurchase program authorizing the repurchase of up to 100,000 shares of the Company’s common stock. The program expired on April 10, 2024. Prior to expiration, the Company repurchased an aggregate of 56,294 shares for an aggregate cost of $271,468, including 2,000 shares repurchased during the first quarter of 2024 for an aggregate cost of $9,800.

 

On November 20, 2025, the Company adopted a new share repurchase program authorizing the repurchase of up to 100,000 shares of the Company’s common stock over the subsequent 12 months. As of December 31, 2025, the Company had repurchased an aggregate of 6,200 shares under the program for an aggregate cost of approximately $29,000. Subsequent to December 31, 2025, the Company repurchased an additional 3,100 shares for an aggregate cost of approximately $14,000.