Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Stock-Based Compensation

Summary of activity for the market performances of RSU

				Remaining Service
		Weighted		Period Over
	Number	Average		Which Expected
	of Units	Fair Value		to be Recognized
Outstanding Balance as of December 31, 2023	2,125	$	1,820	0.98
Granted	—		—
Forfeited	(1,062)		1,760
Vested	—		—
Outstanding Balance as of June 30, 2024	1,063	$	1,880	0.98

2018 Plan

Stock-Based Compensation

Summary of the status of restricted stock units

				Average
		Weighted		Remaining
	Number	Average Grant		Contractual Life
	of Units	Date Fair Value		(Years)
Outstanding Balance as of December 31, 2023	8	$	6,600.00	—
Granted	—		—
Forfeited	—		—
Vested	(8)		6,600.00
Outstanding Balance as of June 30, 2024	—	$	—	—

Schedule of stock option activity

						Average
		Weighted		Weighted		Remaining
		Average Grant		Average		Vesting Period
	Outstanding	Date Fair Value		Exercise Price		(Years)
Outstanding Balance as of December 31, 2023	313	$	22,224	$	46,485	0.02
Granted	—		—
Exercised	—		—
Forfeited	(8)		36,260
Expired	—		—
Outstanding Balance as of June 30, 2024 (1)	305	$	22,044	$	45,995	0.01

(1) 297 of the outstanding options are exercisable as of June 30, 2024.

XBP Europe 2024 Stock Incentive Plan

Stock-Based Compensation

Summary of the status of restricted stock units

				Average
		Weighted		Remaining
	Number	Average Grant		Contractual Life
	of Units	Date Fair Value		(Years)
Granted	3,325,329	$	1.24
Forfeited	—		—
Vested	—		—
Outstanding Balance as of June 30, 2024	3,325,329	$	1.24	2.70

Schedule of stock option activity

						Average
		Weighted		Weighted		Remaining
		Average Grant		Average		Vesting Period
	Outstanding	Date Fair Value		Exercise Price		(Years)
Granted	95,000	$	0.58	$
Exercised	—		—
Forfeited	—		—
Expired	—		—
Outstanding Balance as of June 30, 2024 (1)	95,000	$	0.58	$	1.31	3.84