XML 25 R13.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Stockholders Equity
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Stockholders Equity

Note 7. Stockholders’ Equity

On April 5, 2023, the Company’s Board of Directors declared a dividend of one preferred share purchase right (a “Right”) for each outstanding share of the common stock of the Company. The dividend was effective as of April 17, 2023 (the “Record Date”) with respect to stockholders of record on that date. The Rights also attached to shares of common stock issued after the Record Date. Each Right entitled the registered holder to purchase from the Company one one-thousandth of a share of Series A Junior Participating Preferred Stock, par value $0.001 per share, (the “Preferred Shares”), of the Company at a price of $6.00 per one one-thousandth of a Preferred Share, subject to adjustment.