Note 14 - Stockholders' Equity

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

14. Stockholders' Equity:

The following table summarizes stockholders' equity transactions for the three-month and nine-month ended September 30, 2022 (Dollar amounts in thousands of U.S. dollars): 

												Accumulated
						Additional						other			Total
	Common stock					paid in			Retained			comprehensive			stockholders'
	Number			Amount		capital			earnings			income (loss)			equity
Balances, June 30, 2022		10,768,747		$	30,193	$	4,484		$	77,325		$	1,498		$	113,500
Exercise of stock options		14,142			354		(117	)		-			-			237
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration		(1,193	)		-		-			-			-			-
Stock-based compensation		8,934			488		1,081			-			-			1,569
Net income		-			-		-			(7,981	)		-			(7,981	)
Other comprehensive income (loss)		-			-		-			-			(1,774	)		(1,774	)
Balances, September 30, 2022		10,790,630		$	31,035	$	5,448		$	69,344		$	(276	)	$	105,551

												Accumulated
						Additional						other			Total
	Common stock					paid in			Retained			comprehensive			stockholders'
	Number			Amount		capital			earnings			income (loss)			equity
Balances, December 31, 2021		10,747,417		$	28,515	$	2,764		$	83,470		$	343		$	115,092
Exercise of stock options		26,709			1,187		(379	)		-			-			808
Shares deducted from exercise of stock options for payment of withholding taxes and exercise consideration		(3,053	)		-		-			-			-			-
Stock-based compensation		19,557			1,333		3,063			-			-			4,396
Net income		-			-		-			(14,126	)		-			(14,126	)
Other comprehensive income (loss)		-			-		-			-			(619	)		(619	)
Balances, September 30, 2022		10,790,630		$	31,035	$	5,448		$	69,344		$	(276	)	$	105,551

2022 Stock Buyback Program

On  February 10, 2022, the Company announced that its Board approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. Purchases will be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on  February 11, 2022 and is expected to terminate on or before  February 10, 2023. For the three and nine months ended September 30, 2022, the Company did not repurchase shares under this program.

2021 Stock Buyback Program

On  February 9, 2021, the Company announced that its Board approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. Purchases will be made exclusively through the facilities of the NASDAQ Capital Market. The stock buyback program commenced on  February 10, 2021 and was terminated on  February 9, 2022. For the nine months ended September 30, 2022 the Company did not repurchase shares under this program. For the three months and nine months ended September 30, 2021 the Company did not repurchase shares under this program.

2020 Stock Buyback Program

On  February 12, 2020, the Company announced that its Board had approved a stock buyback program to repurchase up to $40 million of its common stock in the open market. The $40 million buyback program commenced on  February 13, 2020 and terminated on  February 12, 2021. For the nine months ended  September 30, 2021, the Company did not repurchase shares under this program.