Schedule of Changes in Shares of Common Stock |
The following table sets forth the changes in shares of common stock during the years ended December 31, 2024 and 2023:
| | | | | | | | | | | | | December 31, | | 2024 | | 2023 | Common stock issued, beginning of year | 17,476,530 | | | 15,258,449 | | Common stock issued pursuant to acquisition | — | | | 2,000,000 | | Vesting of restricted stock units | 870,798 | | | 257,258 | | Shares issued due to reverse split adjustment for rounding | 89,782 | | | — | | Stock awards cancelled for employee tax withholdings | (236,017) | | | (39,177) | | Common stock issued, end of year | 18,201,093 | | | 17,476,530 | | | | | | Treasury stock, at cost, beginning of year | (1,000,000) | | | — | | Purchase of treasury stock | (192,737) | | | (1,000,000) | | Treasury stock, at cost, end of year | (1,192,737) | | | (1,000,000) | | Common stock outstanding, end of the year | 17,008,356 | | | 16,476,530 | |
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