STOCKBASED COMPENSATION

3 Months Ended

Mar. 31, 2023

STOCKBASED COMPENSATION

STOCK-BASED COMPENSATION

NOTE 14 — STOCK-BASED COMPENSATION

The Company accounts for share-based compensation by measuring the cost of employee services received in exchange for an award of equity instruments, including grants of stock options, based on the fair value of the award at the date of grant. In addition, to the extent that the Company receives an excess tax benefit upon exercise of an award, such benefit is reflected as cash flow from financing activities in the consolidated statement of cash flows.

There was no stock-based compensation expense for the three months ended March 31, 2023 and 2022.