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6. TREASURY STOCK
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Treasury Stock

NOTE 6: TREASURY STOCK

 

On December 31, 2017, we had 2,002 shares of our outstanding common stock held in treasury.

 

On March 26, 2018, our Board of Directors authorized a repurchase program (the “Repurchase Program”) under which we could repurchase up to $1,000 of our outstanding stock. The Repurchase Program was funded from cash on hand and cash provided by operating activities.

 

During the quarter ended December 31, 2018, we repurchased 25 shares of our outstanding common stock at a total cost of $21 under this Repurchase Program. The average price per share of treasury stock purchased under the Repurchase program through December 31, 2018 was $0.86. Treasury shares are accounted for using the cost method.

 

On December 31, 2018, we had 2,027 shares of our outstanding common stock held in treasury.

 

An additional 228 shares of our outstanding common stock were repurchased in the quarter ended March 31, 2019, for an aggregate amount of $170.

 

The Repurchase Program expired on March 31, 2019.