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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Stock-Based Compensation  
Summary of the status of restricted stock units

Average

Weighted

Remaining

Number

Average Grant

Contractual Life

Aggregate

    

of Units

    

Date Fair Value

    

(Years)

    

Intrinsic Value

Outstanding Balance as of December 31, 2021

68,450

$

34.95

 

0.11

$

2,393

Granted

 

 

Forfeited

 

 

Vested

 

(66,935)

 

35.00

Outstanding Balance as of September 30, 2022

1,515

$

33.00

 

0.67

$

50

Schedule of stock option activity

Average

Weighted

Weighted

Remaining

Average Grant

Average

Vesting Period

Aggregate

    

Outstanding

    

Date Fair Value

    

Exercise Price

    

(Years)

    

Intrinsic Value (2)

Outstanding Balance as of December 31, 2021

72,265

 

$

112.60

 

$

235.69

 

0.69

 

$

Granted

 

 

 

Exercised

 

Forfeited

 

(1,497)

120.23

Expired

Outstanding Balance as of September 30, 2022 (1)

 

70,768

 

$

112.44

 

$

234.73

 

0.27

 

$

(1) 51,967 of the outstanding options are exercisable as of September 30, 2022.

(2) Exercise prices of all of the outstanding options as of September 30, 2022 were higher than the market price of the shares of the Company. Therefore, aggregate intrinsic value is zero.

Summary of activity for the market performances of RSU

Weighted Average

Weighted

Period Over

Number

Average 

Which Expected

    

of Units

    

Fair Value

to be Recognized

Outstanding Balance as of December 31, 2021

425,000

$

9.10

2.98

Granted

 

 

 

Forfeited

 

 

Vested

 

 

Outstanding Balance as of September 30, 2022

425,000

$

9.10

2.98