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Note 9 - Related Party Transactions
 3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
Note
9.
Related Party Transactions
 
Louis Hoch
 
During the
three
months ended
March 31, 2021
and the year ended
December 31, 2020
, the Company purchased a total of
$0
 and
$9,886,
respectively, of corporate imprinted sportswear and caps from Angry Pug Sportswear. Louis Hoch, the Company's President and Chief Executive Officer, is a
50%
owner of Angry Pug Sportswear.
 
Directors and Officers
 
On
January 6, 2021,
the Company repurchased
11,860
shares of common stock at a closing price of
$3.25
per share from Tom Jewell, the Company's Chief Financial Officer to cover taxes due.
 
On
January 6, 2020,
the Company repurchased
11,860
shares of common stock at a closing price of
$1.74
per share from Tom Jewell, the Company's Chief Financial Officer to cover taxes due.
 
The Company granted
1,444,000
shares of common stock with a
10
-year vesting period and
103,000
restricted stock units (RSUs) with a
3
-year vesting period to employees and Directors as a performance bonus on
April 1, 2020
at an issue price of
$1.08
per share. Executive officers and Directors included in the grant were Louis Hoch (
300,000
shares), Tom Jewell (
200,000
shares), Blaise Bender (
10,000
RSUs) and Brad Rollins (
30,000
RSUs).
 
As approved by the Company's Compensation Committee, on
November 1, 2020,
the Company issued
136,891
shares of common stock to Mr. Louis Hoch, the Company's Chief Executive Officer, valued at
$216,000
at the closing price of
$1.5779
per share from
October 15, 2020
in satisfaction of the terms of the additional bonus of the employment agreement. As part of the transaction, on
November 1, 2020,
the Company repurchased
54,756
shares from Mr. Hoch to cover withholding taxes due.