Note 14 - Shareholders' Equity

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Equity [Text Block]

14. SHAREHOLDERS' EQUITY

Repurchase of Common Stock 

Our previous shareholder repurchase program expired on March 4, 2022. We have not announced a new repurchase program since the prior program expired.

Preferred Shares

The Company has authorized 250,000 shares of voting preferred stock with no par value. No shares are issued or outstanding. Also, the Company has authorized 250,000 shares of non-voting preferred stock with no par value. Of these, 125,000 shares have been designated Series A non-voting convertible preferred stock with a stated value of $0.06 per share, of which no shares are issued or outstanding at December 31, 2023 and 2022.