Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.20.2
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Retained Earnings
Balance, beginning of period (in shares) at Dec. 31, 2018   47,932,305        
Balance, beginning of period at Dec. 31, 2018 $ 45,255,859 $ 49,708 $ 28,027,742 $ (2,895,683) $ (2,609,485) $ 22,683,577
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock based compensation 66,714   66,714      
Stock issued in exercise of stock options (in shares)   2,483        
Stock issued in exercise of stock options 0 $ 2 (2)      
Stock issued in settlement of RSUs (in shares)   148,723        
Stock issued in settlement of RSUs 379,861 $ 149 379,712      
Tax withholdings paid related to stock based compensation (143,022)   (143,022)      
Treasury stock repurchased (in shares)   (775,287)        
Treasury stock repurchased (1,333,578)       (1,333,578)  
Foreign currency translation 149,415     149,415    
Unrealized gains on investments 68,752     68,752    
Net loss 1,668,618         1,668,618
Balance, end of period (in shares) at Mar. 31, 2019   47,308,224        
Balance, end of period at Mar. 31, 2019 46,112,619 $ 49,859 28,331,144 (2,677,516) (3,943,063) 24,352,195
Balance, beginning of period (in shares) at Dec. 31, 2018   47,932,305        
Balance, beginning of period at Dec. 31, 2018 45,255,859 $ 49,708 28,027,742 (2,895,683) (2,609,485) 22,683,577
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss 2,654,122          
Balance, end of period (in shares) at Jun. 30, 2019   47,466,192        
Balance, end of period at Jun. 30, 2019 47,512,619 $ 50,017 28,593,552 (2,525,586) (3,943,063) 25,337,699
Balance, beginning of period (in shares) at Mar. 31, 2019   47,308,224        
Balance, beginning of period at Mar. 31, 2019 46,112,619 $ 49,859 28,331,144 (2,677,516) (3,943,063) 24,352,195
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock based compensation 297,127   297,127      
Stock issued in exercise of stock options (in shares)   9,174        
Stock issued in exercise of stock options 6,850 $ 9 6,841      
Stock issued in settlement of RSUs (in shares)   148,794        
Stock issued in settlement of RSUs 0 $ 149 (149)      
Tax withholdings paid related to stock based compensation (41,411)   (41,411)      
Foreign currency translation 102,435     102,435    
Unrealized gains on investments 49,495     49,495    
Net loss 985,504         985,504
Balance, end of period (in shares) at Jun. 30, 2019   47,466,192        
Balance, end of period at Jun. 30, 2019 47,512,619 $ 50,017 28,593,552 (2,525,586) (3,943,063) 25,337,699
Balance, beginning of period (in shares) at Dec. 31, 2019   47,411,977        
Balance, beginning of period at Dec. 31, 2019 46,571,586 $ 50,824 29,584,172 (2,415,460) (5,353,019) 24,705,069
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock based compensation 66,348   66,348      
Stock issued in exercise of stock options (in shares)   2,000        
Stock issued in exercise of stock options 2,020 $ 2 2,018      
Stock issued in settlement of RSUs (in shares)   271,684        
Stock issued in settlement of RSUs 419,373 $ 272 419,101      
Tax withholdings paid related to stock based compensation (148,879)   (148,879)      
Foreign currency translation (945,423)     (945,423)    
Unrealized gains on investments (157,354)     (157,354)    
Net loss (365,264)         (365,264)
Balance, end of period (in shares) at Mar. 31, 2020   47,685,661        
Balance, end of period at Mar. 31, 2020 45,442,407 $ 51,098 29,922,760 (3,518,237) (5,353,019) 24,339,805
Balance, beginning of period (in shares) at Dec. 31, 2019   47,411,977        
Balance, beginning of period at Dec. 31, 2019 46,571,586 $ 50,824 29,584,172 (2,415,460) (5,353,019) 24,705,069
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (1,173,767)          
Balance, end of period (in shares) at Jun. 30, 2020   47,913,115        
Balance, end of period at Jun. 30, 2020 45,265,896 $ 51,325 30,106,383 (3,070,095) (5,353,019) 23,531,302
Balance, beginning of period (in shares) at Mar. 31, 2020   47,685,661        
Balance, beginning of period at Mar. 31, 2020 45,442,407 $ 51,098 29,922,760 (3,518,237) (5,353,019) 24,339,805
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock based compensation 183,850   183,850      
Stock issued in settlement of RSUs (in shares)   227,454        
Stock issued in settlement of RSUs 0 $ 227 (227)      
Foreign currency translation 375,267     375,267    
Unrealized gains on investments 72,875     72,875    
Net loss (808,503)         (808,503)
Balance, end of period (in shares) at Jun. 30, 2020   47,913,115        
Balance, end of period at Jun. 30, 2020 $ 45,265,896 $ 51,325 $ 30,106,383 $ (3,070,095) $ (5,353,019) $ 23,531,302