Shareholders' Equity |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Shareholders' Equity [Abstract] | |
| Shareholders' Equity |
11. Shareholders’ Equity
On April 28, 2026, the Company’s Board of Directors approved a share repurchase program authorizing the repurchase of up to $3.0 million of the outstanding common stock of the Company. Under this program, the Company may repurchase shares from time to time in the open market, through negotiated
transactions, or by other means in accordance with applicable securities laws. The repurchase program was effective on May 12, 2026 and has a term of one year. The repurchase program does not obligate the Company to repurchase any specific number of shares and may be suspended, modified, or discontinued at any time. The repurchase program is funded using the Company’s existing
cash balance and cash generated from operations. No shares were repurchased by the Company during the three months ended June 30,
2026.
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