XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of stock options and stock awards
Stock option activity is summarized as follows:
Number of optionsWeighted average exercise price
Outstanding at December 31, 2021
5,397,691 $5.95 
Granted1,478,419 10.96 
Exercised(119,840)4.46 
Canceled and forfeited(76,997)9.81 
Outstanding at June 30, 2022
6,679,273 $7.04 
Schedule of option fair value assumptions The Company calculated the grant date fair value of options granted in 2022 (“2022 Grants”) utilizing a Black-Scholes model.
2022 Grants
Strike price$10.96
Risk-free rate1.6%
Expected dividend yield—
Expected volatility69.6%
Expected term (in years)6