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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Weighted-average number of unexercised warrants
Additional Paid in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (loss)
Beginning balance (in shares) at Dec. 31, 2024   6,133,631        
Beginning balance at Dec. 31, 2024 $ 104,083 $ 6 $ 1,426 $ 123,889 $ (58,279) $ 37,041
Equity based compensation (in shares)   4,101        
Equity based compensation 378     378    
Issuance of warrants (in shares)   637,880        
Issuance of warrants 5,000 $ 1   4,999    
Restricted stock release (in shares)   14,231        
Restricted Share Units release (76)     (76)    
Shareholder dividends (399)       (399)  
Net income (loss) (6,705)       (6,705)  
Other comprehensive income (loss) $ 789         789
Ending balance (in shares) at Mar. 31, 2025 6,789,843 6,789,843        
Ending balance at Mar. 31, 2025 $ 103,070 $ 7 1,426 129,190 (65,383) 37,830
Beginning balance (in shares) at Dec. 31, 2025 12,786,770 12,786,770        
Beginning balance at Dec. 31, 2025 $ 90,956 $ 13 1,426 177,099 (120,746) 33,164
Equity based compensation (in shares)   7,401        
Equity based compensation (in shares)   (7,401)        
Common shares repurchased (shares)   (1,590,601)        
Common shares repurchased (15,438) $ (2)   (15,436)    
Shareholder dividends (336)       (336)  
Net income (loss) (5,970)       (5,970)  
Other comprehensive income (loss) $ (1,776)         (1,776)
Ending balance (in shares) at Mar. 31, 2026 11,188,768 11,188,768        
Ending balance at Mar. 31, 2026 $ 67,436 $ 11 $ 1,426 $ 161,663 $ (127,052) $ 31,388