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STOCK REPURCHASE PLAN | 9 Months Ended
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Sep. 30, 2022
STOCK REPURCHASE PLAN |
STOCK REPURCHASE PLAN | 16. STOCK REPURCHASE PLAN The Company entered into a repurchase plan (the “Plan”) dated June 4, 2021 with an independent broker for the purchase of up to $10 million of the Company’s Common Stock. The treasury share purchases are accounted for under the cost method and are included as a component of treasury stock in the Company’s balance sheets. The Plan was terminated on April 14, 2022. A total of 1,087,145 shares were purchased under the Plan for a total purchase price of $8.1 million. ​ Of the 100 million authorized shares of Common Stock, 34,024,304 shares were issued and 32,937,159 shares were outstanding as of September 30, 2022. There were 34,023,104 shares issued and 33,484,935 shares outstanding as of December 31, 2021. ​

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