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TREASURY STOCK
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
TREASURY STOCK

NOTE 7: TREASURY STOCK

 

During the year ended December 31, 2020, the Company repurchased an aggregate of 743 shares of common stock at a total cost of $524. 495 shares were purchased under a repurchase program authorized by the Board of Directors on December 23, 2019 (the “2019 Repurchase Program”), and the remaining 248 shares were separately authorized by the Board. The 2019 Repurchase Program was exhausted at the conclusion of this transaction.

 

Additionally, the Company purchased 3 shares of common stock at an average price of approximately $0.43 per share totaling $1 in a privately negotiated transaction during the year ended December 31, 2020.

 

No shares of common stock were purchased during the year ended December 31, 2021.

 

On December 31, 2021, the Company had 3,517 shares of common stock held in treasury.

 

Treasury shares are accounted for using the cost method.