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Treasury Stock
6 Months Ended
Jun. 30, 2025
Treasury Stock [Abstract]  
Treasury Stock

Note 10 – Treasury Stock

 

During the three and six months ended June 30, 2025, the Company did not repurchase any shares of common stock under the existing stock repurchase program. As of June 30, 2025, there were 30,626 shares remaining to be repurchased under the existing stock repurchase program. During the six months ended June 30, 2025, the Company transferred 27,197 shares of common stock out of treasury stock under the 2025 Equity Incentive Plan, at an average cost of $9.39 per share, to fund awards that had been granted under the plan. During the six months ended June 30, 2025, the Company repurchased 3,251 shares upon vesting of shares under the 2012 Equity Incentive Plan for the purpose of remitting payroll taxes on behalf of awardees who were employees, at an average cost of $15.59 per share.

 

During the three and six months ended June 30, 2024, the Company did not repurchase any shares of common stock under the existing stock repurchase program. As of June 30, 2024, there were 30,626 shares remaining to be repurchased under the existing stock repurchase program. During the six months ended June 30, 2024, the Company transferred 52,252 shares of common stock out of treasury stock reserved for the 2012 Equity Incentive Plan, at an average cost of $10.69 per share, to fund awards that had been granted under the plan. During the six months ended June 30, 2024, the Company repurchased 1,504 shares upon vesting of shares under the 2012 Equity Incentive Plan for the purpose of remitting payroll taxes on behalf of awardees who were employees, at an average cost of $11.62 per share.