Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2020

Stockholders' Equity

Schedule of stock repurchase activity

					Total number	Approximate
					of Shares	Dollar Value of
					Purchased As	Shares that
					Part of	May Yet Be
	Total		Weighted		Publicly	Purchased
	Number of		Average		Announced	Under the
	Shares		Price Paid		Plans or	Plans or
Period	Purchased		per Share		Programs	Programs
7/1/20 - 7/31/20	14,699		$	1.34	9,199	$	4,516,733
8/1/20 - 8/31/20	72		$	1.30	72	$	4,516,639
9/1/20 - 9/30/20	—		$	—	—	$	4,516,639
Quarter ending September 30, 2020 (1)	14,771	(2)	$	1.34	9,271	$	4,516,639	(3)

(1) In December 2019, our Board of Directors approved a share repurchase program under which we can purchase up to $5.0 million of shares of our common stock. Repurchases under the share repurchase program may be made through open market or privately negotiated transactions at times and on such terms and in such amounts as management deems appropriate, subject to market conditions, regulatory requirements and other factors. The share repurchase program is subject to the terms of our Corporate Credit Facility and does not obligate the Company to repurchase any particular amount of common stock, and may be suspended or discontinued at any time without notice.

(2) Includes an aggregate of (i) 5,500 shares purchased by affiliated purchasers of the Company and (ii) 9,271 shares purchased by the Company in the open market under its share repurchase program.

(3) Since inception of the share repurchase program through September 30, 2020, the Company has repurchased 250,197 shares of common stock for approximately $483,361, or an average price per share of $1.93.  As of September 30, 2020, approximately $4.5 million of shares remained available for purchase under the share repurchase program, subject to the terms of our Corporate Credit Facility.