XML 46 R34.htm IDEA: XBRL DOCUMENT v3.21.2
SHARE-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Expensed and Capitalized, Amount
The following table summarizes the total share-based compensation expense included in the condensed consolidated statements of operations and comprehensive loss:
For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
(in thousands)2021202020212020
Selling, general and administrative$1,083 $703 $2,073 $3,926 
Total stock-based compensation expense$1,083 $703 $2,073 $3,926 
Share-based Payment Arrangement, Option, Activity
Stock option activity and information about stock options outstanding are summarized in the following table:
Stock Option Awards
Weighted Average Exercise Price
Weighted Average Remaining Contractual Life (Years)
Outstanding at December 31, 20205,621,364 $7.94 9.20
Granted566,621 13.50 9.96
Exercised— 
Forfeited— 
Outstanding at June 30, 20216,187,985 7.75 8.82
Vested or expect to vest as of June 30, 20216,187,985 7.75 8.82
Vested and Exercisable as of June 30, 20212,107,986 7.86 8.70
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The fair value of the options granted during the year were estimated on the date of the grant using the Black-Scholes Merton model based on the following assumptions:
2021 Grants
Expected term (years)6.11
Expected volatility45 %
Risk free interest rate1.11 %
Expected dividend yield— %
Share-based Payment Arrangement, Restricted Stock Unit, Activity
Activity and information about non-vested RSUs outstanding are summarized in the following table:

Restricted Stock Units
Weighted Average Grant Date Fair Value (in thousands)
Outstanding at December 31, 2020— $— 
Granted198,929 2,586 
Exercised— — 
Forfeited— — 
Outstanding at June 30, 2021198,929 $2,586 
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
LTI Awards
Outstanding as of December 31, 202054
Forfeited(5)
Outstanding as of June 30, 202149