STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

A summary of restricted stock unit activity for the nine months ended September 30, 2021 is as follows

A summary of restricted stock unit activity for the nine months ended September 30, 2021 is as follows (each restricted stock unit issued by the Company represents the right to receive one share of the Company’s common stock):

	Number of Shares			Weighted-Average Grant Date Fair Value
Balance of restricted stock units outstanding at December 31, 2020		162,500		$	2.25
Grants of restricted stock units		45,000			3.51
Vested restricted stock units1		(158,750	)		(2.35	)
Balance of unvested restricted stock units at September 30, 2021		48,750		$	3.09

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