Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.23.3
SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2023
STOCK-BASED COMPENSATION  
Schedule of Common Stock Options

The following table summarizes information related to the Company’s common stock options as of September 30, 2023:

    

    

Weighted

Number

Average

of Stock

Exercise

Options

Price

Options outstanding at January 1, 2023

 

3,503,235

$

2.80

Granted

 

350,754

 

7.40

Exercised

 

(53,962)

 

1.38

Canceled/Forfeited

 

(20,000)

 

6.88

Expired

 

(20,000)

 

3.22

Options outstanding at September 30, 2023

 

3,760,027

$

3.22

Options exercisable at September 30, 2023

 

3,062,668

$

2.27

Schedule of compensation expense

(In thousands)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

Compensation Expense

2023

2022

2023

2022

Stock options

$

394

$

325

$

1,096

$

846

Restricted and performance-based shares

 

332

 

207

 

1,033

 

516

$

726

$

532

$

2,129

$

1,362