Annual report pursuant to Section 13 and 15(d)

Equity Transactions

Equity Transactions
12 Months Ended
Dec. 31, 2022
Federal Home Loan Banks [Abstract]  
Equity Transactions
NOTE 18.

We account for stock-based compensation expense in accordance with FASB ASC Topic 718,
Compensation-Stock Compensation
. We recorded
stock-based compensation expense of $0.3 million to additional
capital during each of the years ended December 31, 2022, and 2021.
Our dividend policy is based upon our Board of Directors’ current assessment of our business and the environment in which we operate. On May 6, 2020, our Board of Directors voted to discontinue equity distributions until further notice due to the adverse economic impact of the
pandemic on our financial position, results of operations, and cash flows. The declaration of any future distributions and the establishment of the per share amount, record dates, and payment dates are subject to final determination by our Board of Directors and dependent upon future earnings, cash flows, financial and legal requirements, and other factors.