XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of stock option activity
      Stock
Options
    Grant Date
Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life
    Aggregate
Intrinsic
Value
 
                  (in years)     ($ in thousands)  
Outstanding at December 31, 2020       447,732       1.96                  
Granted       750,250       3.50                  
Exercised       (152,691 )     1.87                  
Forfeited       (42,541 )     2.94                  
Outstanding at December 31, 2021       1,002,750     $ 3.00       3.7     $ 8,362  
Exercisable at December 31, 2021       867,372     $ 2.98       3.7     $ 7,246  

 

Schedule of the summary of fair value using the Black-Scholes option pricing model
    2021     2020  
Weighted average grant-date fair value per option granted   $ 1.58     $ 1.58  
Expected option term     3.0 years       3.3 years  
Expected volatility factor     66.0 %     90.5 %
Risk-free interest rate     0.49 %     1.5 %
Expected annual dividend yield    
%    
%

 

Schedule of the exercised options, utilizing a cashless exercise
Options
exercised
    Weighted
Average
Exercise
Price
    Shares
Net Settled
for Exercise
    Shares
Withheld for
Taxes
    Net Shares
Issued
    Weighted
Average
Share Price
    Employee
Share-Based
Tax
Withholding
 
  151,441     $ 1.88       77,954       7,225       66,232     $ 3.67     $ 24,662