Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Equity (Unaudited)

v3.19.3
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cost of Common Stock in Treasury
Balance balance at Dec. 31, 2017 $ 89,700,426 $ 10,300,000 $ 35,193,152 $ 58,129,383 $ (10,864) $ (13,911,245)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 12,547,993          
Dividends (2,216,193)     (2,216,193)    
Stock options exercised for shares, net (148,751)   246,757     (395,508)
Issuance of shares of common stock from the treasury 276,000   (218,338)     494,338
Issuance of shares in connection with at-the-marketing 982,521   570,638     411,883
Employee stock compensation 621,699   621,699      
Ending balance at Sep. 30, 2018 101,763,695 10,300,000 36,413,908 68,450,319 0 (13,400,532)
Balance balance at Jun. 30, 2018 97,823,765 10,300,000 35,496,901 65,630,954 0 (13,604,090)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 5,035,558     5,035,558    
Dividends (2,216,193)     (2,216,193)    
Stock options exercised for shares, net (67,476)   140,849     (208,325)
Issuance of shares in connection with at-the-marketing 982,521   570,638     411,883
Employee stock compensation 205,520   205,520      
Ending balance at Sep. 30, 2018 101,763,695 10,300,000 36,413,908 68,450,319 0 (13,400,532)
Balance balance at Dec. 31, 2018 102,484,086 10,300,000 36,520,840 68,965,410 0 (13,302,164)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (2,142,672)          
Issuance of shares of common stock from the treasury 304,000   (808,301)     1,112,301
Employee stock compensation 1,760,456   1,760,456      
Ending balance at Sep. 30, 2019 107,028,370 10,300,000 37,472,995 71,445,238 0 (12,189,863)
Balance balance at Jun. 30, 2019 107,074,084 10,300,000 36,565,297 72,398,650 0 (12,189,863)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (953,412)          
Employee stock compensation 907,698   907,698      
Ending balance at Sep. 30, 2019 $ 107,028,370 $ 10,300,000 $ 37,472,995 $ 71,445,238 $ 0 $ (12,189,863)