NOTE 12 - SHARE REPURCHASE PROGRAMS

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

SHARE REPURCHASE PROGRAMS

On October 31, 2018, our Board of Directors approved a share repurchase program with provisions to buy back up to $2.0 million of our stock during the period from November 1, 2018 through October 31, 2019.  The program was established with a 10b5-1 plan under the Exchange Act to provide flexibility to make purchases throughout the period. For the quarter ended September 30, 2019, 55,904 shares of stock were repurchased at an average price of $4.37 for a total of $244,197 including $1,176 in commissions and charges. The $2.0 million buyback program was completed during the third quarter of 2019. The following is a summary of the stock repurchase program from November 1, 2018 through September 30, 2019:

Repurchases by Month	Total Number of Shares Purchased		Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Repurchase Program		Approximate Dollar Value of Shares that May Yet Be Purchased under the Program
Dec. 2018		101,975	$	5.25		101,975	$	1,464,470
Jan. 2019		43,701	$	5.39		43,701	$	1,229,115
Mar. 2019		13,911	$	5.49		13,911	$	1,152,793
Apr. 2019		69,141	$	5.34		69,141	$	783,687
May 2019		69,798	$	4.63		69,798	$	461,417
Jun. 2019		49,255	$	4.44		49,255	$	244,197
Jul. 2019		55,280	$	4.37		55,280	$	2,798
Aug. 2019		624	$	4.32		624	$	3
Total		403,685	$	4.95		403,685