STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2023 is presented below:

	Shares (in thousands)			Weighted Average Share Price
Balance, January 1, 2023		441		$	6.46
Granted		14			4.31
Forfeited		-			-
Vested		(39	)		4.85
Balance, June 30, 2023		416		$	6.40

Non-vested, Service-based Awards

As of June 30, 2023, there was unrecognized compensation cost related to non-vested, service-based RSU awards of $0.6 million, which will be recognized in each of the following years (dollars in thousands):

Unrecognized Expense
2023	$	264
2024		187
2025		81
2026		22
2027		6
	$	560