Insider Trading Arrangements |
3 Months Ended |
|---|---|
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Mar. 31, 2025
shares
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| Trading Arrangements, by Individual [Table] | |
| Material Terms of Trading Arrangement [Text Block] |
Rule -1 Plan Election
On , , our , a Rule 10b5-1 trading arrangement, as defined in Item 408 of Regulation S-K, providing for the sale from time to time of an aggregate of up to 240,000 shares of common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until , or earlier if all transactions under the trading arrangement are completed.
Subsequent Events
The following material subsequent event occurred since the date of the most recent balance sheet period reported.
At the end of March 2025, the Company offered to purchase all of the remaining outstanding interest of MaivenPoint from the remaining minority interest holders for an aggregate total of approximately $11.6 million in cash. As of the end of April, all minority interest holders accepted the Company’s offer subject to acceptable terms and conditions to be drafted in a shareholder purchase agreement in May 2025. Following the acquisition of the interest, the Company will be the sole interest holder in MaivenPoint. |
| Rule 10b5-1 Arrangement Terminated [Flag] | false |
| Non-Rule 10b5-1 Arrangement Adopted [Flag] | false |
| Non-Rule 10b5-1 Arrangement Terminated [Flag] | false |
| Trading Arrangement Adoption Date | December 18, 2024 |
| Trading Arrangement, Individual Name | Brian Michael Brown |
| Trading Arrangement, Individual Title | Chief Legal and Compliance Officer, and Secretary |
| Rule 10b5-1 Arrangement Adopted [Flag] | true |
| Trading Arrangement, Securities Aggregate Available Amount | 240,000 |
| Trading Arrangement Expiration Date | December 18, 2025 |