Stockholders' Equity

6 Months Ended

Jun. 30, 2023

Stockholders' Equity

Stockholders' Equity

Note 6 – Stockholders’ Equity

Stock Repurchase Transaction

In May 2023, the Company’s board of directors approved the Company’s repurchase of 5,500 shares of common stock that were previously issued and sold in a private transaction to an individual in December 2022. The Company repurchased the shares for $50,050 ($9.10 per share), which is the same price at which the Company issued and sold the shares in December 2022.

Stock Repurchase Program

In May 2023, the Company’s board of directors approved a Stock Repurchase Program to repurchase up to 100,000 shares of the Company’s common stock. During the three months ended June 30, 2023, the Company repurchased 13,903 shares for an aggregate purchase price of approximately $127,000.