The following table lists the components of share-based compensation expense by type of award, which is recognized in the “Selling, general, and administrative expense” line in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Restricted stock	$	470	$	532	$	1,020	$	1,119
Performance share units	331		158		620		417

Share-based compensation expense	$	801	$	690	$	1,640	$	1,536

The following table presents the status of unvested restricted stock awards as of June 30, 2025, and activity during the six months then ended.


	Nonvested Restricted Shares	Weighted Average Grant-Date Fair Value
Unvested at January 1, 2025	2,326	$	2.18
Granted	664	2.55
Vested	(700)	2.67
Forfeited	(102)	2.73
Unvested at June 30, 2025	2,188	$	2.11

During the six months ended June 30, 2025, we granted 664,000 shares of restricted stock to non-executive directors, officers and certain other employees. The shares of these restricted stock awards vest pro-rata generally over three years for employees and over one year for non-executive directors. Total grant date fair value of restricted stock that vested in the six months ended June 30, 2025, was $1.9 million.

Performance Share Units (“PSUs”) are a form of long-term incentive compensation awarded to executive officers and certain other key employees designed to directly align the interests of employees to the interests of our stockholders, and to create long-term stockholder value. The following table presents the status of unvested PSUs as of June 30, 2025, and activity during the six months then ended.


	Nonvested PSU Awards	Weighted Average Grant-Date Fair Value
Nonvested at January 1, 2025	3,671	$	1.45
Granted	231	2.24



Nonvested at June 30, 2025	3,902	$	1.50

During the six months ended June 30, 2025, we granted 231,000 PSUs to certain executive officers, which vest, if at all, upon our achieving a specified relative total shareholder return, which will be measured against the total shareholder return of a specified index during the three-year performance period that ends December 31, 2027.