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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
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, 2021
   
1,743,846
   
$
3.89
 
Granted
   
606,950
     
7.21
 
Canceled
   
-
     
-
 
Vested
   
(802,530
)
   
4.18
 
                 
Nonvested restricted stock outstanding at June 30, 2022
   
1,548,266
     
5.18
 
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, 2021
   
81,000
   
$
7.79
     
0.17
   
$
-
 
Granted/Vested
   
-
     
-
      -      
-
 
Canceled
   
(81,000
)
   
7.79
      -      
-
 
                                 
Outstanding at June 30, 2022
   
-
     
-
     
-
     
-
 
                                 
Vested as of June 30, 2022
   
-
     
-
     
-
     
-
 
                                 
Exercisable as of June 30, 2022
   
-
     
-
     
-
     
-