Stock Award Plans and Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Key weighted-average assumptions used to apply this pricing model during the years ended December 31, 2021 and 2020 were as follows:

	For the Years Ended December 31,
	2021		2020
Risk-free interest rate	0.59% - 1.26%		0.33% - 0.35%
Expected life of option grants	5 years		5 years
Expected volatility of underlying stock	37.21% - 38.15%		34.43%
Dividends assumption	$	—	$	—

Stock Option Activity

See below for a summary of the stock options granted under the 2011 and 2018 plans:

	2011 Plan	2018 Plan	Non Plan	Total	Weighted Average Exercise Price		Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2020	96	121,699	1	121,796	$	123.66	$	—
Granted	—	5,567,500	—	5,567,500	1.10		—
Exercised	—	—	—	—	—		—
Expired	(7)	(37,397)	—	(37,404)	279.92		—
Forfeitures	—	(201,835)	—	(201,835)	1.26		—
Outstanding at December 31, 2020	89	5,449,967	1	5,450,057	$	23.76	$	—
Granted	—	14,285,629	—	14,285,629	0.95		—
Exercised	—	(20,694)	—	(20,694)	1.10		—
Expired	(16)	(228,856)	—	(228,872)	93.07		—
Forfeitures	—	(603,817)	—	(603,817)	1.35		—
Outstanding at December 31, 2021	73	18,882,229	1	18,882,303	$	6.41	$	—
Exercisable at December 31, 2020	85	1,752,882	1	1,752,968	$	70.84	$	—
Exercisable at December 31, 2021	73	7,235,382	1	7,235,456	$	15.19	$	—

Restricted Stock-Based Award Activity

The following table summarizes restricted stock-based award activity granted:

	Number of Shares	Weighted Average Grant Date Fair Value
Balance, January 1, 2021	—	$	—
Granted	5,594,826	$	1.79
Forfeited	(1,412,134)	$	1.76
Balance, December 31, 2021	4,182,692	$	1.80