EQUITY-BASED INCENTIVE PLANS (Tables)

6 Months Ended

Jun. 30, 2022

The following table summarizes stock option activity for the Plans:


	Options		Weighted Average Exercise Price		Aggregate Intrinsic Value		Weighted Average Remaining Contractual Life
					(In thousands)




Outstanding at December 31, 2021	555,417		$	5.61	$	71	7.3 years
Granted	1,155,000		$	3.61	$	—
Exercised	—		$	—	$	—
Forfeited/Expired	(30,000)		$	5.75	$	—
Outstanding at June 30, 2022	1,680,417		$	4.24	$	1,714	8.8 years
Exercisable at June 30, 2022	262,917		$	5.37	$	67	5.4 years
Vested and expected to vest at June 30, 2022	1,680,417		$	4.24	$	1,714	8.8 years
Unrecognized stock-based compensation expense at June 30, 2022 (in thousands)	$	1,688
Weighted average remaining vesting period at June 30, 2022	2.7 years

The following table summarizes nonvested restricted stock activity for the Plans:


	RSAs				RSUs
	Shares		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value





Nonvested at December 31, 2021	517,569		$	4.74	1,014,166		$	3.73
Granted	296,000		$	3.62	709,804		$	3.73
Vested	(224,899)		$	4.67	(175,501)		$	5.43
Forfeited	(53,333)		$	4.89	(53,000)		$	4.13
Nonvested at June 30, 2022	535,337		$	4.13	1,495,469		$	3.51
Unrecognized stock-based compensation expense at June 30, 2022 (in thousands)	$	1,865			$	4,165
Weighted average remaining vesting period at June 30, 2022	1.9 years				2.2 years

Compensation expense for share-based awards recognized in general and administrative expenses was comprised of the following:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(In thousands)
Options	$	170	$	4	$	302	$	11
RSAs	343		373		871		685
RSUs	570		152		1,084		283
Total compensation expense for share-based awards	$	1,083	$	529	$	2,257	$	979