Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.24.2.u1
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Restricted Stock Unit and Restricted Stock Awards Activity

The following table summarizes the Company's RSU activity:

 

Nonvested Restricted Stock Units

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

Restricted Stock

 

 

Award Date Fair Value

 

 

 

Units

 

 

Per Share

 

Restricted Stock at January 1, 2024

 

 

193,205

 

 

$

5.18

 

Granted

 

 

57,500

 

 

 

1.46

 

Forfeited

 

 

(250

)

 

 

2.58

 

Vested

 

 

(19,306

)

 

 

7.79

 

Restricted Stock at June 30, 2024

 

 

231,149

 

 

$

4.04

 

The following table summarizes the Company's RSA activity:

 

Nonvested Restricted Stock Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

Weighted Average

 

 

 

Restricted Stock

 

 

Award Date Fair Value

 

 

Director

 

 

Award Date Fair Value

 

 

 

Awards

 

 

Per Share

 

 

Stock Awards

 

 

Per Share

 

Restricted Stock at January 1, 2024

 

 

52,778

 

 

$

16.09

 

 

 

5,000

 

 

$

12.45

 

Granted

 

 

 

 

 

 

 

 

52,500

 

 

 

1.25

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Vested

 

 

(15,139

)

 

 

18.19

 

 

 

(26,250

)

 

 

 

Restricted Stock at June 30, 2024

 

 

37,639

 

 

$

15.24

 

 

 

31,250

 

 

$

3.04