v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Class A Common Stock
Common Stock
Class A Common Stock
Class B Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Total
Beginning balance at Dec. 31, 2024 $ 82   $ 0   $ 74,334 $ 128,216 $ (36,710) $ 165,922
Beginning balance (in shares) at Dec. 31, 2024 8,183 8,183 0 0        
Net income (loss) $ 0   $ 0   0 (1,575) 0 (1,575)
Dividends declared per common share 0   0   0 (1,604) 0 (1,604)
Compensation expense related to restricted stock awards 0   0   527 0 0 527
401(k) plan contribution 0   0   (717) 0 1,007 290
Ending balance at Mar. 31, 2025 $ 82   $ 0   74,144 125,037 (35,703) 163,560
Ending balance (in shares) at Mar. 31, 2025 8,183   0          
Beginning balance at Dec. 31, 2024 $ 82   $ 0   74,334 128,216 (36,710) 165,922
Beginning balance (in shares) at Dec. 31, 2024 8,183 8,183 0 0        
Net income (loss)               (447)
Ending balance at Jun. 30, 2025 $ 82   $ 0   74,747 124,554 (35,703) 163,680
Ending balance (in shares) at Jun. 30, 2025 8,182   0          
Beginning balance at Dec. 31, 2024 $ 82   $ 0   74,334 128,216 (36,710) 165,922
Beginning balance (in shares) at Dec. 31, 2024 8,183 8,183 0 0        
Issuance of restricted stock (in shares)   126   0        
Forfeiture of restricted stock (in shares)   (5)   0        
Ending balance at Dec. 31, 2025 $ 83   $ 0   75,749 113,884 (38,236) 151,480 [1]
Ending balance (in shares) at Dec. 31, 2025 8,304 8,304 0 0        
Beginning balance at Mar. 31, 2025 $ 82   $ 0   74,144 125,037 (35,703) 163,560
Beginning balance (in shares) at Mar. 31, 2025 8,183   0          
Net income (loss) $ 0   $ 0   0 1,128 0 1,128
Forfeiture of restricted stock $ 0   $ 0   0 0 0 0
Forfeiture of restricted stock (in shares) (1)   0          
Dividends declared per common share $ 0   $ 0   0 (1,611) 0 (1,611)
Compensation expense related to restricted stock awards 0   0   603 0 0 603
Ending balance at Jun. 30, 2025 $ 82   $ 0   74,747 124,554 (35,703) 163,680
Ending balance (in shares) at Jun. 30, 2025 8,182   0          
Beginning balance at Dec. 31, 2025 $ 83   $ 0   75,749 113,884 (38,236) 151,480 [1]
Beginning balance (in shares) at Dec. 31, 2025 8,304 8,304 0 0        
Net income (loss) $ 0   $ 0   0 (2,394) 0 (2,394)
Forfeiture of restricted stock $ 0   0   0 0 0 0
Forfeiture of restricted stock (in shares) (4)              
Dividends declared per common share $ 0   0   0 (1,585) 0 (1,585)
Compensation expense related to restricted stock awards 0   0   518 0 0 518
Purchase of shares held in treasury 0   0   0 0 (13) (13)
401(k) plan contribution 0   0   (535) 0 841 306
Ending balance at Mar. 31, 2026 $ 83   $ 0   75,732 109,905 (37,408) 148,312
Ending balance (in shares) at Mar. 31, 2026 8,300   0          
Beginning balance at Dec. 31, 2025 $ 83   $ 0   75,749 113,884 (38,236) 151,480 [1]
Beginning balance (in shares) at Dec. 31, 2025 8,304 8,304 0 0        
Net income (loss)               (1,434)
Forfeiture of restricted stock (in shares)   (6)   0        
Ending balance at Jun. 30, 2026 $ 83   $ 0   76,280 109,274 (37,408) 148,229
Ending balance (in shares) at Jun. 30, 2026 8,298 8,298 0 0        
Beginning balance at Mar. 31, 2026 $ 83   $ 0   75,732 109,905 (37,408) 148,312
Beginning balance (in shares) at Mar. 31, 2026 8,300   0          
Net income (loss) $ 0   $ 0   0 960 0 960
Forfeiture of restricted stock $ 0   $ 0   0 0 0 0
Forfeiture of restricted stock (in shares) (2)   0          
Dividends declared per common share $ 0   $ 0   0 (1,591) 0 (1,591)
Compensation expense related to restricted stock awards 0   0   548 0 0 548
Ending balance at Jun. 30, 2026 $ 83   $ 0   $ 76,280 $ 109,274 $ (37,408) $ 148,229
Ending balance (in shares) at Jun. 30, 2026 8,298 8,298 0 0        
[1] The balance sheet at December 31, 2025 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.