Stockholders' Equity

9 Months Ended

Sep. 30, 2020

Stockholders' equity:

7. Stockholders' Equity

7. Stockholders’ Equity

The changes in condensed consolidated stockholders’ equity for the three and nine months ended September 30, 2021 and 2020 *, are as follows:

	Common Stock Shares		Common Stock Amount		Additional Paid-In Capital			Accumulated Deficit			Treasury Stock			Total
Balance at December 31, 2020*		13,962,366	$	8,377	$	26,346		$	(5,693	)	$	(5,402	)	$	23,628
Common stock issued under restricted stock units		24,505		15		(15	)		—			—			—
Share-based compensation expense-stock options		—		—		32			—			—			32
Share-based compensation expense-restricted stock units		—		—		103			—			—			103
Common stock dividends ($0.02 per share)		—		—		—			(251	)		—			(251	)
Net loss*		—		—		—			(670	)		—			(670	)
Balance at March 31, 2021*		13,986,871		8,392		26,466			(6,614	)		(5,402	)		22,842
Common stock issued, net of issuance costs		4,249,250		2,549		9,010			—			—			11,559
Share-based compensation expense-stock options		—		—		33			—			—			33
Share-based compensation expense-restricted stock units		—		—		25			—			—			25
Net income*		—		—		—			1,838			—			1,838
Balance at June 30, 2021*		18,236,121		10,941		35,534			(4,776	)		(5,402	)		36,297
Common stock issued under restricted stock units		28,615		17		(17	)		—			—			—
Share-based compensation expense-stock options		—		—		150			—			—			150
Share-based compensation expense-restricted stock units		—		—		34			—			—			34
Common stock dividends ($0.02 per share)		—		—		—			(671	)		—			(671	)
Net loss		—		—		—			(2,566	)		—			(2,566	)
Balance at September 30, 2021		18,264,736	$	10,958	$	35,071		$	(8,013	)	$	(5,402	)	$	33,244

* The balances as of December 31, 2020, March 31, 2021, and June 30, 2021, and the amounts for the three months ended March 31, 2021, and June 30, 2021, have been adjusted to reflect the change in inventory accounting method as described in Notes 1 and 4 of the Condensed Consolidated Financial Statements

	Common Stock Shares		Common Stock Amount		Additional Paid-In Capital			Accumulated Deficit			Treasury Stock			Total
Balance at December 31, 2019		13,929,381	$	8,357	$	26,095		$	(6,043	)	$	(5,133	)	$	23,276
Change in inventory accounting method		—		—		—			1,158			—			1,158
Balance as of January 1, 2020 *		13,929,381		8,357		26,095			(4,885	)		—			24,434
Share-based compensation expense-stock options		—		—		30			—			—			30
Share-based compensation expense-restricted stock units		—		—		21			—			—			21
Common stock dividends ($0.02 per share)		—		—		—			(250	)		—			(250	)
Net loss *		—		—		—			(1,466	)		—			(1,466	)
Repurchase of common stock		—		—		—			—			(243	)		(243	)
Balance at March 31, 2020 *		13,929,381		8,357		26,146			(6,601	)		(5,376	)		22,526
Common stock issued under restricted stock units		14,439		9		(9	)		—			—			—
Share-based compensation expense-stock options		—		—		30			—			—			30
Share-based compensation expense-restricted stock units		—		—		68			—			—			68
Common stock dividends ($0.02 per share)		—		—		—			(252	)		—			(252	)
Net loss *		—		—		—			(294	)		—			(294	)
Repurchase of common stock		—		—		—			—			(26	)		(26	)
Balance at June 30, 2020 *		13,943,820		8.366		26,235			(7,147	)		(5,402	)		22,052
Common stock issued under restricted stock units		18,546		11		(11	)		—			—			—
Share-based compensation expense-stock options		—		—		34			—			—			34
Share-based compensation expense-restricted stock units		—		—		23			—			—			23
Common stock dividends ($0.02 per share)		—		—		—			(250	)		—			(250	)
Net income *		—		—		—			790			—			790
Balance at September 30, 2020 *		13,962,366	$	8,377	$	26,281		$	(6,607	)	$	(5,402	)	$	22,649

* The balances as of January 1, 2020, March 31, 2020, June 30, 2020, and September 30, 2020, and the amounts for the three months ended March 31, 2020, June 30, 2020, and September 30, 2020, have been adjusted to reflect the change in inventory accounting method as described in Notes 1 and 4 of the Condensed Consolidated Financial Statements.