v3.26.1
Note 13 - Equity
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Equity [Text Block]

13. Equity

 

The tables below present changes in stockholders' equity for the three and six months ended June 30, 2026 and 2025.

 

  

Common Stock

  

Additional Paid-in

  

Accumulated

  

Other Comprehensive

  

Total Stockholders'

 
  

Shares

  

Amount

  

Capital

  

Deficit

  

Income

  

Equity

 

Balances at March 31, 2026

  71,724,097  $7,172  $242,057,171  $(90,442,741) $  $151,621,602 

Net income

           12,463,434      12,463,434 

Payment of common stock tendered for employee stock-based compensation tax obligations

  (905)     (4,164)        (4,164)

Issuance of common stock upon vesting of RSUs

  120,850   12   (12)         

Cash dividend ($0.60)

           349      349 

Stock-based compensation

        1,209,414         1,209,414 

Balances at June 30, 2026

  71,844,042  $7,184  $243,262,409  $(77,978,958) $  $165,290,635 

     

  

Common Stock

  

Additional Paid-in

  

Accumulated

  

Other Comprehensive

  

Total Stockholders'

 
  

Shares

  

Amount

  

Capital

  

Deficit

  

Income

  

Equity

 

Balances at December 31, 2025

  71,611,302  $7,161  $241,885,214  $(43,070,803) $  $198,821,572 

Net income

           9,009,184      9,009,184 

Payment of common stock tendered for employee stock-based compensation tax obligations

  (104,762)  (10)  (585,151)        (585,161)

Issuance of common stock upon vesting of RSUs

  337,502   33   (33)         

Cash dividend ($0.60 per share)

           (43,917,339)     (43,917,339)

Stock-based compensation

        1,962,379         1,962,379 

Balances at June 30, 2026

  71,844,042  $7,184  $243,262,409  $(77,978,958) $  $165,290,635 

 

  

Common Stock

  

Additional Paid-in

  

Accumulated

  

Other Comprehensive

  

Total Stockholders'

 
  

Shares

  

Amount

  

Capital

  

Deficit

  

Income

  

Equity

 

Balances at March 31, 2025

  71,441,083  $7,144  $239,371,718  $(23,246,235) $  $216,132,627 

Net income

           35,483,103      35,483,103 

Payment of common stock tendered for employee stock-based compensation tax obligations

  (4,443)     (26,113)        (26,113)

Issuance of common stock upon vesting of RSUs

  103,115   10   (10)         

Cash dividend (0.60 per share)

           (43,512,008)     (43,512,008)

Stock-based compensation

        1,234,439         1,234,439 

Balances at June 30, 2025

  71,539,755  $7,154  $240,580,034  $(31,275,140) $  $209,312,048 

  

  

Common Stock

  

Additional Paid-in

  

Accumulated

  

Other Comprehensive

  

Total Stockholders'

 
  

Shares

  

Amount

  

Capital

  

Deficit

  

Income

  

Equity

 

Balances at December 31, 2024

  71,404,669  $7,140  $238,635,635  $(22,838,012) $  $215,804,763 

Net income

           35,074,880      35,074,880 

Payment of common stock tendered for employee stock-based compensation tax obligations

  (30,851)  (2)  (192,304)        (192,306)

Issuance of common stock upon vesting of RSUs

  165,937   16   (16)         

Cash dividend ($0.60 per share)

           (43,512,008)     (43,512,008)

Stock-based compensation

        2,136,719         2,136,719 

Balances at June 30, 2025

  71,539,755  $7,154  $240,580,034  $(31,275,140) $  $209,312,048 

 

On March 26, 2026, the Board of Directors declared a special cash dividend of $0.60 per share on the common stock of the Company. The special cash dividend was paid on April 23, 2026 to shareholders of record at the close of business on April 7, 2026.