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Note 11 - Shareholders' Deficit
 3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Equity [Text Block]

Note 11—Shareholders’ Deficit 

 

Common Stock

 

At-the-Market Sales Agreement - We have an “at the market” (“ATM”) facility agreement under which we have the capability to sell shares of our common stock, from time to time, through an ATM equity offering program. On November 14, 2025, the Company filed a shelf registration statement and prospectus supplement renewing the ATM for an aggregate offering price of up to $150.0 million. As of the date of this report, we have $150.0 million in shares of our common stock available to sell under our ATM program.

 

Share Repurchase Program - On November 29, 2025, the Board of Directors approved a share repurchase program under which we are permitted to repurchase from time to time up to $100.0 million of our common stock in the open market or through privately negotiated transactions. For the three months ended March 31, 2026, we repurchased and retired 0.4 million shares of common stock at an average cost of $11.70 for an aggregate purchase price of $4.2 million.