Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 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 June 30, 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	$	18.6	8.8	$	—
Forfeited	(6,666)	18.9
Outstanding at Outstanding at June 30, 2023	413,334	$	18.6	8.3	$	—
Expected to vest at June 30, 2023	413,334	$	18.6	8.3	$	—
Exercisable at June 30, 2023	140,000	$	18.6	8.3	$	—

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 six months ended June 30, 2023:

	Number of Shares Outstanding	Weighted Average Grant Date Fair Value
Unvested at December 31, 2022	82,146	11.47
Vested	(4,550)	16.64
Forfeited	(1,667)	10.00
Unvested at June 30, 2023	75,929	11.19