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6. SHARE-BASED COMPENSATION
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
SHARE-BASED COMPENSATION

NOTE 6: SHARE-BASED COMPENSATION

 

The following table summarizes the activity of our nonvested restricted shares for the years ended December 31, 2019 and 2018:

 

    Restricted Shares   Weighted-Average Grant-Date Fair Value 
Nonvested at December 31, 2017    250   $0.50 
Granted    300    0.79 
Vested    (120)   0.83 
Nonvested at December 31, 2018    430   $0.83 
Granted    200    0.65 
Vested    (160)   0.73 
Nonvested at December 31, 2019    470   $0.83 

 

The following table summarizes the activity of our nonvested stock options for the years ended December 31, 2019 and 2018:

 

   Shares
Underlying
Options
   Weighted-
Average Exercise
Price
   Weighted-
Average
Remaining
Contractual
Term (in years)
 
Outstanding at December 31, 2018      $     
Granted   300   $0.70    4.6 
Cancellations & Forfeitures      $0.70     
Outstanding at December 31, 2019   300   $0.70    4.6 
Exercisable at December 31, 2019   75   $0.70    4.6 

  

For the years ended December 31, 2019 and 2018, we recognized a total of $250 and $56, respectively, of share-based compensation expense related to restricted stock awards and stock options, which is included in selling, general and administrative expenses in the accompanying consolidated statements of operations. The unamortized estimated fair value of nonvested shares of restricted stock awards and stock options was $134 and $222 at December 31, 2019 and 2018, respectively. These costs are expected to be recognized as expense over a weighted-average period of 2.06 years.