Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Stock-Based Compensation

Schedule of changes in restricted stock units

	Number of Shares		Weighted Average Grant Date Fair Value per Share
Balance at December 31, 2018	—	$	—
Granted	454,882		9.49
Vested and released	(35,771)		10.83
Forfeited	(17,314)		10.83
Balance at December 31, 2019	401,797	$	9.31

Schedule of changes in stock options

	Options		Weighted Average Exercise Price Per Share	Weighted Average Contractual Life (Years)		Intrinsic Value
Outstanding Options at December 31, 2018	-	$	-	-	$	-
Granted	654,221		9.60	-		-
Vested and expired	(18,712)		10.83	-		-
Forfeited	(56,139)		10.83	-		-
Outstanding Options at December 31, 2019	579,370	$	9.44	9.48	$	-

Schedule of assumptions using Black-scholes option-pricing model

		Assumptions
Weighted average expected stock volatility	%	25.94
Expected dividend yield	%	0.00
Expected term (years)		6.25
Risk-free interest rate (range)	%	1.38 - 2.26
Exercise price (range)	$	6.14 - 10.83
Weighted-average grant date fair value	$	2.92