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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Compensation  
Schedule of stock options activity

Weighted

Weighted

Average

Average

Remaining

Aggregate

Number of

Exercise

Contract

Intrinsic

    

Stock Options

    

Price

    

Term (Yrs.)

    

Value

Outstanding at December 31, 2021

 

1,377,339

$

16.13

 

3.37

$

2,579,201

Granted

 

322,500

8.32

 

 

Forfeited

 

(88,793)

19.27

 

 

Exercised

 

(40,000)

7.54

 

 

Expired

 

(60,000)

9.60

 

 

Outstanding at December 31, 2022

 

1,511,046

$

14.89

3.15

$

Granted

 

 

 

Forfeited

 

(218,500)

19.27

 

16.62

 

Exercised

 

 

 

Expired

 

 

 

 

Outstanding at December 31, 2023

 

1,292,546

$

14.41

2.10

$

Vested and exercisable at December 31, 2022

 

889,623

$

14.02

 

2.62

$

Vested and exercisable at December 31, 2023

 

938,292

$

14.18

 

1.77

$

Schedule of weighted average assumptions to estimate the fair value of stock options

Year Ended December 31, 

Weighted Average Assumptions:

    

2023(a)

    

2022

Expected dividend yield

 

%  

Expected equity volatility

 

%  

80.7

Expected term (years)

 

 

5

Risk-free interest rate

 

%  

3.27

Exercise price per stock option

$

$

9.52

Market price per share

$

$

9.52

Weighted average fair value per stock option

$

$

5.45

(a) There were no stock options granted during the year ended December 31, 2023.