Stock-based Compensation (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| 2006 Stock Option Plan [Member] |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Status of Stock Option Plan |
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2026 |
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2025 |
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Options |
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Weighted Average Exercise Price |
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Remaining Contractual Life |
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Options |
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Weighted Average Exercise Price |
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Remaining Contractual Life |
Outstanding at beginning of year |
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37,696 |
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$ |
10.61 |
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37,696 |
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$ |
10.61 |
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Outstanding at end of period |
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37,696 |
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10.61 |
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0.3 years |
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37,696 |
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10.61 |
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1.3 years |
Options exercisable at end of period |
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37,696 |
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$ |
10.61 |
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0.3 years |
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37,696 |
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$ |
10.61 |
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1.3 years |
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| 2012 Equity Incentive Plan [Member] |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Status of Stock Option Plan |
A summary of the status of stock options under the 2012 EIP for the six months ended June 30, 2026 and 2025 is presented below:
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2026 |
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2025 |
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Options |
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Exercise Price |
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Intrinsic Value |
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Remaining Contractual Life |
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Options |
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Exercise Price |
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Intrinsic Value |
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Remaining Contractual Life |
Outstanding at beginning of year |
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17,749 |
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$ |
8.68 |
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$ |
106,000 |
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17,749 |
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$ |
8.68 |
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$ |
28,000 |
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Exercised |
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(3,598 |
) |
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9.83 |
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$ |
20,000 |
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— |
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— |
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Outstanding at end of period |
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14,151 |
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$ |
8.38 |
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$ |
133,000 |
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6.5 years |
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17,749 |
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$ |
8.68 |
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$ |
53,000 |
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6.6 years |
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Options exercisable at end of period |
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6,585 |
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$ |
8.95 |
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$ |
58,000 |
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4.9 years |
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7,662 |
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$ |
9.72 |
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$ |
15,000 |
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3.8 years |
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| Schedule of Unvested Restricted Stock Activity |
A summary of the status of unvested restricted stock awards under the 2012 EIP for the six months ended June 30, 2026 and 2025 is as follows:
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For the Six Months
Ended June 30, 2026 |
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Weighted Average Grant Price (per Share) |
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For the Six Months
Ended June 30, 2025 |
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Weighted Average Grant Price (per Share) |
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Unvested shares outstanding at beginning of year |
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32,538 |
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$ |
|
7.91 |
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77,231 |
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$ |
|
8.19 |
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Vested |
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(10,656 |
) |
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|
7.89 |
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(44,416 |
) |
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|
8.39 |
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Unvested shares outstanding at end of period |
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21,882 |
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$ |
|
7.92 |
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32,815 |
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$ |
|
7.92 |
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| 2025 Equity Incentive Plan [Member] |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Summary of Status of Stock Option Plan |
A summary of the status of stock options under the 2025 EIP for the six months ended June 30, 2026 is presented below:
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2026 |
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Options |
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Exercise Price |
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Intrinsic Value |
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Remaining Contractual Life |
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Outstanding at beginning of year |
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43,175 |
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$ |
14.85 |
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Outstanding at end of period |
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43,175 |
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$ |
14.85 |
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$ |
128,000 |
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9.4 years |
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Options exercisable at end of period |
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— |
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$ |
— |
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$ |
— |
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— |
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| Schedule of Unvested Restricted Stock Activity |
A summary of the status of unvested restricted stock awards under the 2025 EIP for the six months ended June 30, 2026 is as follows:
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At June 30, 2026 |
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Weighted Average Grant Price (per Share) |
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Unvested shares outstanding at beginning of year |
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47,556 |
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$ |
12.36 |
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Granted |
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29,390 |
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14.57 |
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Vested |
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(13,999 |
) |
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|
11.64 |
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Unvested shares outstanding at end of period |
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62,947 |
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$ |
13.55 |
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| 2025 Equity Incentive Plan [Member] | Restricted Stock [Member] |
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| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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| Schedule of Awards Granted |
The Compensation Committee of the Board of Directors granted restricted stock awards under the 2025 EIP during the six months ended June 30, 2026 as follows:
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Grant Date |
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Number of Restricted Stock Awards |
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Vesting |
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Fair Value per Share of Award on Grant Date |
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Awardees |
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March 18, 2026 |
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4,349 |
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100% on March 18, 2027 |
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$ |
14.57 |
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Non-employee directors |
March 18, 2026 |
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25,041 |
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25% per year for four years with first vesting on March 18, 2027 |
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$ |
14.57 |
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Employees |
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