Common Stock Repurchases |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Common Stock Repurchases | |
| Common Stock Repurchases | Note 9 – Common Stock Repurchases
During the three and nine months ended September 30, 2026, we repurchased 6,088 and 209,874 shares of our common stock, respectively, with an aggregate value of approximately $72,000 and $2,290,000 respectively, associated with the vesting of restricted stock held by employees or upon the exercise of stock options held by employees. In the comparable three and nine months ended September 30, 2025, we repurchased 39,596 and 262,388 shares of our common stock, respectively, with an aggregate value of approximately $975,000 and $4,895,000. Per terms of the restricted stock agreements, for certain employees we paid the employees’ related taxes associated with the vesting of the employees’ restricted stock and withheld from the shares issued to the employee the market value of shares which corresponded to the taxes, resulting in a share issuance net of taxes to the employee. The value of the shares netted for employee taxes represents common stock repurchased. Per terms of the stock option agreements, for certain employees we paid the exercise price of the stock option and related taxes, and decreased the shares issued to the employee by a corresponding value, resulting in a share issuance net of the exercise price and taxes to the employee. |