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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Options, Valuation Assumptions

 

   December 31, 2021   December 31, 2020 
    
Risk-free interest rate   0.79%   0.75%
Expected life   6.0 years    6.5 years 
Expected volatility   134.73%   123.71%
Dividend yield   -    - 

Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award

Stock-based compensation for the years ended December 31, 2021 and 2020 is as follows:

 

   2021   2020 
RSUs and restricted stock  $433   $176 
Performance-based awards   107    265 
Common stock awards   -    116 
Options   715    1,630 
Total stock-based compensation expense  $1,255   $2,187 
Schedule of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2021, and changes during such year, is presented below:

 

                Weighted-Average  
          Weighted-     Remaining        
          Average     Contractual     Aggregate  
          Grant     Period     Intrinsic  
    Shares     Price     (in years)     Value  
Outstanding at January 1, 2021     848,819     $ 8.76       8.59     $ -  
Granted     347,500       6.00       9.21       -  
Exercised     (13,042 )     9.45                  
Forfeited or expired     (550,766 )     9.15               -  
Outstanding at December 31, 2021     632,511       6.89       8.40       -  
                                 
Exercisable at December 31, 2021     206,732       9.14       7.53                -  
                                 
Vested and expected to vest     537,520       7.15       8.36       -  
Schedule of Non Vested Option Activity

A summary of the status of the Company’s non-vested options for the year ended December 31, 2021, and changes during such year, is presented below:

   Shares   Weighted-
Average
Grant Date
Fair Value
 
         
Nonvested at January 1, 2021   487,318   $5.81 
Granted   347,500    4.64 
Vested   (127,696)   6.54 
Forfeited   (284,646)   5.72 
Nonvested at December 31, 2021   422,476   $4.78 
Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity

A summary of the Company’s non-vested shares of restricted stock and restricted stock units for the year ended December 31, 2021, and changes during such year, is presented below:

                Average        
          Weighted-     Remaining        
          Average     Vesting     Aggregate  
          Grant Date     Period     Intrinsic  
    Shares     Fair Value     (in years)     Value  
Nonvested at January 1, 2021     239,457     $ 10.00       1.75     $ 1,348,781  
Granted     207,438       5.46       -       -  
Vested     (65,577 )     4.65       -       -  
Forfeited     (52,379 )     5.23       -       -  
Nonvested at December 31, 2021     328,939     $ 3.67       1.34     $ 2,467,043