Stockholders' Equity |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 | |||
| Stockholders' Equity Note [Abstract] | |||
| Stockholders' Equity |
Details of the Company’s common stock and preferred stock are discussed in Note 8 of the 2025 Consolidated Financial Statements and are supplemented by the below new activities in the six-month period ended June 30, 2026. Treasury stock: On February 6, 2026, the Company’s Board of Directors approved a stock repurchase plan for an amount of up to $10,000,000 to be used for repurchasing the Company’s common shares. For the six-month period ended June 30, 2026, the Company completed the repurchase of 855,769 shares paying an average price per share of $4.40 and $3,768,891 in total. These shares are held as treasury stock by the Company. On June 16, 2026, the Company entered into private repurchase agreement to acquire 857,700 shares at a price of $8.00 per share for an aggregate consideration of $6,861,600. These shares are held as treasury stock by the Company. Preferred Shares: Aggregate dividends of $ 0.9 million were paid on the Company’s 795,878 Series A Preferred Shares during the six-month period ended June 30, 2026. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|