EQUITY-BASED INCENTIVE PLANS (Tables)

9 Months Ended

Sep. 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 September 30, 2022	1,680,417		$	4.24	$	518	8.5 years
Exercisable at September 30, 2022	262,917		$	5.37	$	26	5.1 years
Vested and expected to vest at September 30, 2022	1,680,417		$	4.24	$	518	8.5 years
Unrecognized stock-based compensation expense at September 30, 2022 (in thousands)	$	1,527
Weighted average remaining vesting period at September 30, 2022	2.4 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	(258,232)		$	4.71	(635,501)		$	2.60
Forfeited	(53,333)		$	4.89	(53,000)		$	4.13
Nonvested at September 30, 2022	502,004		$	4.08	1,035,469		$	4.40
Unrecognized stock-based compensation expense at September 30, 2022 (in thousands)	$	1,571			$	3,590
Weighted average remaining vesting period at September 30, 2022	1.8 years				2.0 years

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(In thousands)
Options	$	162	$	28	$	464	$	38
RSAs	294		465		1,165		1,150
RSUs	575		(193)		1,659		91
Total compensation expense for share-based awards	$	1,031	$	300	$	3,288	$	1,279