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STOCK COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity and Related Information
A summary of the Company’s stock option activity and related information for the three months ended March 31, 2026 is as follows:
OptionsWeighted-
average
exercise price
Weighted-
average
remaining
contractual
life (years)
Aggregate
intrinsic
value
(in thousands)
Options outstanding, January 1, 2026
827,000 $11.07 
Grants— — 
Options outstanding, March 31, 2026(1)
827,000 11.07 3.8$27 
Options exercisable, March 31, 2026
733,625 $11.51 3.2$
Total unrecognized stock option expense remaining (in thousands)$226 
Weighted-average years expected to be recognized over1.5
(1) Includes a non-plan stock option award of 15,000 stock options granted in 2024.
Schedule of Restricted Stock Activity
A summary of the Company’s restricted stock activity and related information for the three months ended March 31, 2026 is as follows:
Restricted
Shares
Weighted-
average grant
date fair
value
Non-vested restricted shares, January 1, 2026
885,925 $6.06 
Grants259,731 3.07 
Vested(236,984)7.81 
Non-vested restricted shares, March 31, 2026
908,672 $4.75 
Total unrecognized compensation expense remaining (in thousands)$3,490 
Weighted-average years expected to be recognized over1.8
Schedule of Performance-based Award Activity
A summary of the Company’s performance-based award activity and related information for the three months ended March 31, 2026 is as follows:
Performance-
based stock
awards (1)
Weighted-
average grant
date fair
value
Non-vested performance-based awards, January 1, 2026
730,797 $6.70 
Grants259,731 3.07 
Forfeitures(2)
(186,181)5.92 
Non-vested performance-based awards, March 31, 2026
804,347 $5.70 
Total unrecognized compensation expense remaining (in thousands)$2,189 
Weighted-average years expected to be recognized over1.9
(1)Represents the target number of shares to be issued for each performance-based award.
(2)Includes the forfeiture of performance-based awards granted in 2023 as the performance metric was not attained.
Schedule of Stock Compensation Expense
The Company recorded stock compensation expense as follows (in thousands):
Three Months Ended
March 31,
Stock Compensation Expense Components20262025
Equity based stock option expense$43 $70 
Restricted and performance-based stock awards expense998 993 
Stock compensation expense for equity based awards1,041 1,063 
Liability based stock option expense(1)
Total Stock Compensation Expense$1,043 $1,062