v3.25.4
SHARE REPURCHASES
12 Months Ended
Dec. 31, 2025
Share Repurchase Program [Abstract]  
SHARE REPURCHASES

NOTE 19 – SHARE REPURCHASES

 

On May 13, 2025, the Company announced a share repurchase program allowing the Company to purchase common stock held by non-affiliates, not to exceed $10.0 million in aggregate value. Share repurchases may take place in any transaction form as allowable by the SEC. The Board of Directors of the Company approved the plan to remain active until December 31, 2025.

 

Share repurchases by quarter for the year ended December 31, 2025 is summarized below:

 

Period

 

Total number of shares of Common Stock Purchases

 

 

Average price paid per share of Common Stock

 

 

Aggregate purchase price of Common Stock repurchases

 

 

Remaining aggregate value authorized for repurchase

 

First quarter 2025

 

 

 

 

 

 

 

 

 

 

 

10,000,000

 

Second quarter 2025

 

 

202,611

 

 

 

3.00

 

 

 

607,661

 

 

 

9,392,339

 

Third quarter 2025

 

 

259,908

 

 

 

2.09

 

 

 

544,467

 

 

 

8,847,872

 

Fourth quarter 2025

 

 

42,650

 

 

 

2.65

 

 

 

112,900

 

 

 

8,734,971

 

Total

 

 

505,169

 

 

$

2.50

 

 

$

1,265,029

 

 

$

8,734,971