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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity

The table below provides details of the Company's stock options at June 30, 2024.

 

 

Number
of Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term in
Years

 

 

Aggregate
Intrinsic
Value
(in ‘000s)

 

Outstanding, December 31, 2023

 

 

570,693

 

 

$

9.37

 

 

 

6.1

 

 

$

155

 

Granted

 

 

93,500

 

 

 

6.58

 

 

 

9.8

 

 

 

 

Expired/terminated

 

 

(38,725

)

 

 

7.29

 

 

 

 

 

 

 

Exercised

 

 

(1,777

)

 

 

5.07

 

 

 

 

 

 

 

Outstanding, June 30, 2024

 

 

623,691

 

 

$

9.10

 

 

 

6.6

 

 

$

7

 

Exercisable at period end

 

 

371,691

 

 

$

9.82

 

 

 

5.0

 

 

$

7

 

Summary of Restricted Stock Award Activity

The table below provides details of the Company's restricted stock award activity at June 30, 2024.

 

 

Number
of Shares

 

 

Average Market Price at Grant

 

Outstanding, December 31, 2023

 

 

384,724

 

 

$

6.30

 

Granted

 

 

120,000

 

 

 

6.58

 

Expired/terminated

 

 

 

 

 

 

Outstanding, June 30, 2024

 

 

504,724

 

 

$

6.36