XML 17 R5.htm IDEA: XBRL DOCUMENT v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2023   12,497,770    
Beginning balance at Dec. 31, 2023 $ 280,315 $ 12 $ 4,425,104 $ (4,144,801)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 111   111  
Issuance of restricted common stock (in shares)   48,918    
Repurchases of common stock in open market (in shares)   (58,298)    
Repurchases of common stock in open market (999)   (999)  
Forfeiture of unvested restricted stock (in shares)   (6,446)    
Net income 468     468
Ending balance (in shares) at Mar. 31, 2024   12,481,944    
Ending balance at Mar. 31, 2024 279,895 $ 12 4,424,216 (4,144,333)
Beginning balance (in shares) at Dec. 31, 2023   12,497,770    
Beginning balance at Dec. 31, 2023 280,315 $ 12 4,425,104 (4,144,801)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 4,148      
Ending balance (in shares) at Jun. 30, 2024   12,447,195    
Ending balance at Jun. 30, 2024 282,831 $ 12 4,423,472 (4,140,653)
Beginning balance (in shares) at Mar. 31, 2024   12,481,944    
Beginning balance at Mar. 31, 2024 279,895 $ 12 4,424,216 (4,144,333)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 249   249  
Issuance of restricted common stock (in shares)   17,323    
Repurchases of common stock in open market (in shares)   (54,667)    
Repurchases of common stock in open market (950)   (950)  
Net settlement for employee taxes on stock options (43)   (43)  
Stock options exercised, net (in shares)   2,595    
Net income 3,680     3,680
Ending balance (in shares) at Jun. 30, 2024   12,447,195    
Ending balance at Jun. 30, 2024 $ 282,831 $ 12 4,423,472 (4,140,653)
Beginning balance (in shares) at Dec. 31, 2024 12,213,599 12,213,599    
Beginning balance at Dec. 31, 2024 $ 288,690 $ 12 4,419,991 (4,131,313)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 307   307  
Issuance of restricted common stock (in shares)   61,260    
Repurchases of common stock in open market (in shares)   (52,337)    
Repurchases of common stock in open market (867)   (867)  
Net income 4,539     4,539
Ending balance (in shares) at Mar. 31, 2025   12,222,522    
Ending balance at Mar. 31, 2025 $ 292,669 $ 12 4,419,431 (4,126,774)
Beginning balance (in shares) at Dec. 31, 2024 12,213,599 12,213,599    
Beginning balance at Dec. 31, 2024 $ 288,690 $ 12 4,419,991 (4,131,313)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income $ 8,075      
Ending balance (in shares) at Jun. 30, 2025 12,183,906 12,183,906    
Ending balance at Jun. 30, 2025 $ 246,469 $ 12 4,418,773 (4,172,316)
Beginning balance (in shares) at Mar. 31, 2025   12,222,522    
Beginning balance at Mar. 31, 2025 292,669 $ 12 4,419,431 (4,126,774)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Stock-based compensation 301   301  
Issuance of restricted common stock (in shares)   11,574    
Repurchases of common stock in open market (in shares)   (58,954)    
Repurchases of common stock in open market (870)   (870)  
Cash dividends (49,078)     (49,078)
Net settlement for employee taxes on stock options (89)   (89)  
Stock options exercised, net (in shares)   8,764    
Net income $ 3,536     3,536
Ending balance (in shares) at Jun. 30, 2025 12,183,906 12,183,906    
Ending balance at Jun. 30, 2025 $ 246,469 $ 12 $ 4,418,773 $ (4,172,316)