Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Summary of stock option activity

A summary of the Company’s stock option activity under the Plan for the period ended September 30, 2021 is as follows:

	Number of Options	Weighted- Average Exercise Price	Weighted- Average Remaining Contract Life (In Years)	Aggregate Intrinsic Value
Outstanding at December 31, 2020	15,000	$10.00	8.0	$	—
Granted	—	—
Exercised	—	—
Canceled/forfeited	—	—
Outstanding at September 30, 2021	15,000	$10.00	7.3	$	—
Expected to vest at September 30, 2021	15,000	$10.00	7.3	$	—
Exercisable at September 30, 2021	—	—	0.0	$	—

Summary of unvested restricted stock unit activity

The Company issued restricted stock units to employees of the Company. The following table summarizes the unvested restricted stock units for the period ended September 30, 2021:

	Number of Shares Outstanding	Weighted Average Grant Date Fair Value
Unvested at December 31, 2020	256,000	$	10.00
Granted	40,000	17.98
Vested	(5,000)	18.56
Forfeited	(51,250)	11.03
Unvested at September 30, 2021	239,750	$	11.11