Stockholders' Equity

6 Months Ended

Jun. 30, 2017

9.	Stockholders’ Equity

Common Stock

The changes in issued and outstanding common stock during the six months ended June 30, 2017 were as follows:


	Shares
Balance at January 1, 2017		20,893,262
Shares issued for stock-based compensation		53,039
Shares issued for contingent consideration		101,556

Balance at June 30, 2017		21,047,857

At June 30, 2017, 8,670,386 shares, or 41% of our outstanding shares, were owned by RVL and its affiliates.

Preferred Stock

We are authorized to issue up to 5,000,000 shares of preferred stock. There were no shares of preferred stock outstanding at June 30, 2017.