STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

STOCK-BASED COMPENSATION [Abstract]

Activity of Non-vested Restricted Common Stock Awards

A summary of the activity for non-vested restricted stock and RSU awards as of March 31, 2023 is presented below:

	Shares (in thousands)			Weighted Average Share Price
Balance, January 1, 2023		441		$	6.46
Granted		-			-
Forfeited		-			-
Vested		(18	)		4.85
Balance, March 31, 2023		423		$	6.40

Non-vested, Service-based Awards

As of March 31, 2023, there was unrecognized compensation cost related to non-vested, service-based RSU awards of $0.8 million, which will be recognized in each of the following years (dollars in thousands):

Unrecognized Expense
2023	$	503
2024		217
2025		81
2026		7
	$	808