Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

A summary of the Company’s stock option activity under the Plan for the period ended September 30, 2023 is as follows:


	Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contract Life (In Years)	Aggregate Intrinsic Value
					(in thousands)
Outstanding at December 31, 2022	420,000	$	18.6	8.8	$	—

Exercised	(5,800)	$	17.7
Forfeited	(10,000)	$	18.9
Outstanding at September 30, 2023	404,200	$	18.6	8.1	$	1,807
Vested and expected to vest at September 30, 2023	404,200	$	18.6	8.1	$	1,807
Exercisable at September 30, 2023	130,867	$	18.6	8.1	$	581

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 nine months ended September 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 September 30, 2023	75,929	11.19