Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of stock option activity

A summary of the Company’s stock option activity under the Plan for the period ended March 31, 2023 is as follows:

	Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contract Life (In Years)	Aggregate Intrinsic Value
Outstanding at December 31, 2022	420,000	$	18.58	8.8	$	—
Outstanding at March 31, 2023	420,000	$	18.58	8.6	$	—
Expected to vest at March 31, 2023	420,000	$	18.58	8.6	$	—
Exercisable at March 31, 2023	140,000	18.58		8.6	$	—

Schedule of unvested restricted stock unit activity

The Company issued restricted stock units to its employees. The following table summarizes the unvested restricted stock units for the three months ended March 31, 2023:

	Number of Shares Outstanding	Weighted Average Grant Date Fair Value
Unvested at December 31, 2022	82,146	11.47
Vested	(3,750)	16.53
Unvested at March 31, 2023	78,396	11.23