Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
9 Months Ended
Sep. 30, 2017
Stockholders' Equity
9. Stockholders’ Equity

Common Stock

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

 

     Shares  

Balance at January 1, 2017

     20,893,262  

Shares issued for stock-based compensation

     195,365  

Shares issued for contingent consideration

     173,199  
  

 

 

 

Balance at September 30, 2017

     21,261,826  
  

 

 

 

At September 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 September 30, 2017.