Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity

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Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Treasury
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
Balance at Dec. 31, 2022 $ 53 $ 32,715 $ (13,230) $ 43,904 $ (2,868) $ 60,574
Balance (in shares) at Dec. 31, 2022 5,284,500   806,068      
Increase (Decrease) in Stockholders' Equity            
Net income       3,324   3,324
Translation adjustment         613 613
Dividends paid (per common share $0.17)       (749)   (749)
Share-based compensation expense   545       545
Restricted stock grants (net of forfeitures)   (765) $ 765      
Restricted stock grants (net of forfeitures) (in shares)     (43,824)      
Treasury shares repurchased     $ (214)     (214)
Treasury shares repurchased (in shares)     5,604      
Balance at Mar. 31, 2023 $ 53 32,495 $ (12,679) 46,479 (2,255) 64,093
Balance (in shares) at Mar. 31, 2023 5,284,500   767,848      
Balance at Dec. 31, 2023 $ 53 34,647 $ (12,623) 53,215 (522) $ 74,770
Balance (in shares) at Dec. 31, 2023 5,284,500   711,052     5,284,500
Increase (Decrease) in Stockholders' Equity            
Net income       2,731   $ 2,731
Translation adjustment         (718) (718)
Dividends paid (per common share $0.17)       (756)   (756)
Share-based compensation expense   854       854
Restricted stock grants (net of forfeitures)   (331) $ 331      
Restricted stock grants (net of forfeitures) (in shares)     (18,938)      
Treasury shares repurchased     $ (432)     (432)
Treasury shares repurchased (in shares)     7,255      
Balance at Mar. 31, 2024 $ 53 $ 35,170 $ (12,724) $ 55,190 $ (1,240) $ 76,449
Balance (in shares) at Mar. 31, 2024 5,284,500   699,369     5,284,500