Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2022

Stockholders' Equity

Summary of stock option activity

The following table summarizes stock option activity for the six months ended June 30, 2022 (shares and intrinsic value in thousands):

				Weighted-
				average
		Weighted-		remaining	Aggregate
	Number of	average		contractual	intrinsic
	shares	exercise price		term	value
Outstanding at December 31, 2021	4,445	$	11.69	4.8	$	—
Granted	105		5.44	6.0		—
Exercised	—		—	—		—
Forfeited	(182)		11.55	—		—
Expired	(8)		10.39	—		—
Outstanding at June 30, 2022	4,360	$	11.55	4.3	$	221
Vested at June 30, 2022	3,785	$	11.69	3.6	$	—
Exercisable at June 30, 2022	3,785	$	11.69	3.6	$	—

Summary of restricted share activity

The following table summarizes restricted share activity for the six months ended June 30, 2022 (shares in thousands):

	Number of	Weighted-average
	shares	grant date fair value
Outstanding at December 31, 2021	614	$	11.79
Granted	285		6.09
Vested	(329)		12.09
Forfeited	(59)		12.00
Outstanding at June 30, 2022	511	$	8.40

Time Based Restricted Stock and Stock Option | Black Scholes Pricing Model

Stockholders' Equity

Schedule of valuation assumptions

	Six Months Ended		Year Ended
Black-Scholes Option Valuation Assumptions	June 30, 2022		December 31, 2021
Risk-free interest rate	1.93	%		0.94% – 1.29	%
Dividend yield	—			—
Volatility	40.4	%		37.3% – 40.7	%
Weighted-average expected term (years)	6.0			6.0