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Stock Award Plans and Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
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 year ended December 31, 2022 were as follows:
For the Year Ended December 31,
2022
Risk-free interest rate
1.50% - 1.76%
Expected life of option grants5 years
Expected volatility of underlying stock
37.24% - 37.45%
Dividends assumption$— 
Schedule of Stock Option Activity
See below for a summary of the stock options granted under the 2011 and 2018 plans:
2011 Plan2018 PlanNon PlanTotalWeighted
Average
Exercise
Price
Aggregate
Intrinsic
Value
(in thousands)
Outstanding at January 1, 202273 2,519 2,593 $2,335,830.00 $— 
Granted— 1,327 — 1,327 3,974.00 — 
Exercised— — — — — — 
Expired(16)(145)— (161)8,071,398.00 — 
Forfeitures— (186)— (186)7,497.00 — 
Outstanding at December 31, 202257 3,515 3,573 $1,701,544.00 $— 
Granted— — — — — — 
Exercised— — — — — — 
Expired(48)(2,254)(1)(2,303)2,310,676.00 — 
Forfeitures— (207)— (207)7,437.00 — 
Outstanding at December 31, 20231,054 — 1,063 $730,081.00 $— 
Exercisable at December 31, 2023620 — 629 $1,241,985.00 $— 
Schedule of Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table summarizes restricted stock-based award activity granted:
Number of SharesWeighted Average Grant Date Fair Value
Balance, January 1, 2022558 $13,500.00 
Granted— $— 
Forfeited(128)$13,725.00 
Balance, December 31, 2022430 $13,426.00 
Granted— $— 
Forfeited— $— 
Balance, December 31, 2023430 $13,426.00