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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
STOCKHOLDERS' EQUITY [Abstract]  
Transactions Pertaining to Restricted Stock
The following is a summary of transactions pertaining to restricted stock:


 
Shares
   
Weighted
Average Grant
Date Fair Value
Per Share
 
Nonvested restricted stock outstanding at December 31, 2020
   
1,572,159
   
$
2.77
 
Granted
   
657,076
     
5.97
 
Canceled
   
-
     
-
 
Vested
   
(498,936
)
   
3.04
 
                 
Nonvested restricted stock outstanding at September 30, 2021
   
1,730,299
     
3.87
 
Transactions Pertaining to Option Plans
The fair value of the stock options used to compute stock-based compensation is the estimated present value at the date of grant using the Black-Scholes option pricing model. The following is a summary of transactions pertaining to stock options:


 
Shares
   
Weighted
Average
Exercise Price
Per Share
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic Value
(in thousands)
 
Outstanding at December 31, 2020
   
81,000
   
$
7.79
 
1.17 years
 
$
-
 
Granted/Vested
   
-
     
-
     
-
 
Canceled
   
-
     
-
       
-
 
                           
Outstanding at September 30, 2021
   
81,000
     
7.79
 
0.42 years
   
-
 
                           
Vested as of September 30, 2021
   
81,000
     
7.79
 
0.42 years
   
-
 
                           
Exercisable as of September 30, 2021
   
81,000
     
7.79
 
0.42 years
   
-