Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
3 Months Ended
Mar. 31, 2017
Stockholders' Equity
9. Stockholders’ Equity

Common Stock

The changes in issued and outstanding common stock during the three months ended March 31, 2017 were as follows:

 

     Shares  

Balance at January 1, 2017

     20,893,262  

Shares issued for stock-based compensation

     6,323  

Shares issued for contingent consideration

     42,940  
  

 

 

 

Balance at March 31, 2017

     20,942,525  
  

 

 

 

At March 31, 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 March 31, 2017.