Schedule of the restricted stock transactions

The following table sets forth the restricted stock unit transactions for the periods indicated:


	Number of Shares	Weighted Average Grant Date Fair Value Per Share		Aggregate Intrinsic Value⁽¹⁾(In thousands)
Unvested outstanding shares at December 31, 2021	775,515	$	9.16	$	2,914
Granted	225,700		13.75
Vested	(98,121)		11.40
Forfeited	(13,700)		12.20
Unvested outstanding shares at December 31, 2022	889,394	$	10.03	$	3,993
Granted	30,000		10.68
Vested	(158,845)		12.48
Forfeited	(509,013)		9.04
Unvested outstanding shares at December 31, 2023	251,536	$	10.56	$	1,141

(1)

The intrinsic value of restricted stock was calculated as the closing market price on December 31, 2023 and 2022 of the underlying stock multiplied by the number of restricted shares that would be issuable. The total fair value of shares vested was $1.5 million for the year ended December 31, 2023.

Schedule of assumptions used in calculating fair value of the Company's stock-based compensation


	Year Ended
	December 31, 2020
Weighted average value per performance based RSUs granted during the period	$	6.13
Assumptions:
Stock price volatility⁽¹⁾		51.79	%
Risk free rate of return		1.22	%

Expected term

3.9

years

(1)	Due to the Company’s limited historical data, expected volatility was estimated using volatilities of peer entities as defined in the award agreements whose share prices and assumptions were publicly available.

Schedule of assumptions used in calculating fair value of the Company's stock-based compensation


	Year Ended
	December 31, 2020
Weighted average value per option granted during the period	$	3.36
Assumptions:
Stock price volatility⁽¹⁾		61.87	%
Risk free rate of return		1.21	%
Expected term		4.75	years

(1)	Due to the Company’s limited historical data, expected volatility was estimated using volatilities of similar entities whose share or option prices and assumptions were publicly available.