Stock-Based Compensation and Restricted Stock Units

3 Months Ended

Mar. 31, 2026

Stock-Based Compensation and Restricted Stock Units

Stock-Based Compensation and Restricted Stock Units

Note 5 – Stock-Based Compensation and Restricted Stock Units

In May 2024, the Compensation Committee of the Company’s Board of Directors approved the Company’s grant of 46,875 restricted stock units to certain employees under the Interlink Electronics, Inc. 2016 Omnibus Incentive Plan. These restricted stock unit grants had a grant-date fair value of approximately $136,000 and vest over a five-year service period. The related compensation expense is recognized ratably over the vesting period. During each of the three-month periods ended March 31, 2026 and 2025, the Company recorded $7,000 of stock-based compensation expense for these restricted stock units. A summary of the status of the Company’s nonvested restricted stock units as of and for the three-month period ended March 31, 2026, is as follows:

		Weighted-
		Average
		Grant-Date
		Fair Value
Nonvested Restricted Stock Units	Shares	(per share)
Nonvested at January 1, 2026	46,875	$	2.90
Granted	—		—
Vested	—		—
Forfeited	—		—
Nonvested at March 31, 2026	46,875	$	2.90

As of March 31, 2026, there was approximately $81,000 of total unrecognized compensation cost related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 2.9 years.