Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Activity in Stock Award Plans

The activity in the Stock Plan is displayed in the following table:

Authorized Shares Available for Future Award Grants	Six Months Ended June 30, 2023	From Inception to June 30, 2023
Beginning balance	1,342,119	1,900,000
Additional shares authorized	—	2,150,000
Number of awards granted	(259,897)	(3,882,038)
Number of awards forfeited or expired	31,389	945,649
Ending balance	1,113,611	1,113,611
Number of option awards exercised	4,000	1,537,336
Number of unrestricted stock awards granted	—	10,090
Number of restricted stock awards vested	25,698	293,543

The activity in the Director Stock Plan is displayed in the following table:

Authorized Shares Available for Future Award Grants	Six Months Ended June 30, 2023	From Inception to June 30, 2023
Beginning balance	123,397	300,000
Additional authorization	—	150,000
Number of awards granted	(31,380)	(386,618)
Number of awards forfeited or expired	11,583	40,218
Ending balance	103,600	103,600
Number of option awards exercised	1,755	152,336
Number of restricted stock awards vested	—	117,001

Summary of Remaining Stock-Based Compensation Expense

We expect this compensation to be recognized over the remainder of 2023 and subsequent years according to the table below, except with respect to awards that are accelerated by the Board of Directors, in which case we will recognize any remaining compensation expense in the period in which the awards are accelerated.

2023	$	1,995
2024	3,173
2025	1,660
2026	199
2027	—
Total	$	7,027