Subsequent Events |
6 Months Ended |
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Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events |
Note 11 – Subsequent Events
On July 15, 2025 and July 18, 2025 Alumni Capital purchased 25,000 and 142,867 of our common shares for $86,995 and $354,282, respectively, based on our Equity Line of Credit (ELOC) Purchase Agreement, dated November 16, 2024. The price for these shares was $4.02 based on a 9% discount of the lowest of the 5-day VWAP of $4.41 from the closing date on July 15, 2025, accessible via the Bloomberg terminal.
In July, the Company repurchased 17,464 shares of its common stock for $70,092 with our broker Paulson Securities in the public market at an average price of $4.01 and placed them in treasury. All these shares were purchased as part of publicly announced plans or program, as also noted in the December 31, 2024 10-K filing.
The Company has evaluated all other subsequent events through the date these consolidated financial statements were issued and determined that there were no other subsequent events or transactions that require recognition or disclosures in the consolidated financial statements.
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