Quarterly report [Sections 13 or 15(d)]

Condensed Statements of Stockholders' Equity (Unaudited)

v3.25.2
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Total
Balance at Dec. 31, 2023 $ 2 $ 38,886 $ (25,659) $ (40) $ 13,189
Balance, shares at Dec. 31, 2023 2,511,350        
Net income (loss) (1,641) (1,641)
Balance at Jun. 30, 2024 $ 2 38,886 (27,300) (40) 11,548
Balance, shares at Jun. 30, 2024 2,511,350        
Balance at Mar. 31, 2024 $ 2 38,886 (27,801) (40) 11,047
Balance, shares at Mar. 31, 2024 2,511,350        
Net income (loss) 501 501
Balance at Jun. 30, 2024 $ 2 38,886 (27,300) (40) 11,548
Balance, shares at Jun. 30, 2024 2,511,350        
Balance at Dec. 31, 2024 $ 2 38,886 (30,336) (40) 8,512
Balance, shares at Dec. 31, 2024 2,511,350        
Net income (loss) (1,536) (1,536)
Adjustment of common stock for reverse stock split (2) 2
Issuance of common stock to director for accrued fees 8 8
Issuance of common stock to director for accrued fees, shares 2,679        
Balance at Jun. 30, 2025 38,896 (31,872) (40) 6,984
Balance, shares at Jun. 30, 2025 2,514,029        
Balance at Mar. 31, 2025 38,896 (31,601) (40) 7,255
Balance, shares at Mar. 31, 2025 2,514,029        
Net income (loss) (271) (271)
Balance at Jun. 30, 2025 $ 38,896 $ (31,872) $ (40) $ 6,984
Balance, shares at Jun. 30, 2025 2,514,029