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EQUITY BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of unvested restricted common stock unit awards activity
The Company’s unvested restricted common stock unit awards activity for the nine months ended September 30, 2021 is summarized below:
 
    
RSUs
     
Weighted Average
Grant Date

Fair Value
  
Unvested at December 31, 2020
      —        $ —    
Granted
      616,920        6.25  
    
 
 
           
Unvested at
September
 30, 2021
      616,920        6.25  
Schedule of stock options activity
The Company’s stock options activity for the nine months ended September 30, 2021 is summarized below:
 
 
  
Options
 
  
Weighted Average
Exercise Price

Per Share
 
  
Weighted Average
Remaining
Contractual Life
(in years)
 
  
Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2020
      —        $ —          —  
 
 
 
 
  
Granted
      753,968        6.07         
 
 
 
 
  
Exercised
      (160,000 )       6.25         
 
 
 
 
  
Forfeited
      (10,888 )       6.25         
 
 
 
 
  
    
 
 
                  
 
 
 
 
  
Outstanding at September 30, 2020
      583,080     
$
 6.01        9.43
 
 
$
11,387
  
Exercisable as of September 30, 2021
      257,484     
$
 5.80        9.64
 
 
$
5,083
  
Schedule of weighted average assumptions relating to the valuation of stock options
The weighted average assumptions relating to the valuation of stock options granted for the nine months ended September 30, 2021 were as follows:
 
Weighted Average fair value of grants
    $ 1.54  
Expected volatility
      35 % 
Expected term (years)
      4.5  
Risk-free interest rate
      0.4 % 
Expected dividend yield
      0.0 %