SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2024

SHARE-BASED COMPENSATION

Schedule of share-based compensation expense

The amount of share-based compensation expense recognized by the Company by location in its statements of operations for the three and six months ended June 30, 2024 and 2023 is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Cost of revenues	$	37	$	36	$	71		72
Sales and marketing		359		713		709		1,356
General and administrative		976		1,115		1,753		2,082
Research and development		191		169		368		328
Total	$	1,563	$	2,033	$	2,901	$	3,838

Schedule of stock option activity

The following table summarizes the Company’s stock option activity for the six months ended June 30, 2024:

				Weighted	Aggregate
	Number of	Weighted		average	average
	Shares under	average		Remaining	Intrinsic
	Option	Exercise Price		Contractual	Value
	(in thousands)	per Option		Life (in years)	(in thousands)
Outstanding at December 31, 2023	1,270	$	3.90
Granted	—	$	—
Exercised	—	$	—
Forfeited and Expired	(12)	$	11.48
Outstanding at June 30, 2024	1,258	$	3.82	5.8	$	5.1
Exercisable at June 30, 2024	1,237	$	3.85	5.7	$	5.1
Vested and expected to vest at June 30, 2024	1,258	$	3.82	5.8	$	5.1

Schedule of restricted stock units and performance restricted stock units activity

The following table summarizes the Company’s restricted stock unit and PRSU activity for June 30, 2024:

	Non-vested		Weighted	Non-vested		Weighted
	Restricted		average	PRSUs		average
	Stock Units		Grant-date			Grant-date
	(in thousands)		Fair Value	(in thousands)		Fair Value
Non-vested at December 31, 2023	2,965	$	4.37	395	$	6.77
Granted	1,535	$	3.24	—	$	—
Vested	(1,226)	$	4.61	—	$	—
Forfeited	(236)	$	4.36	—	$	—
Non-vested at June 30, 2024	3,038	$	3.69	395	$	6.77