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Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

The Company recognized stock-based compensation expense as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Stock Options	$	479	$	1,873	$	1,808	$	2,980
Performance share units	41		62		132		160
Restricted share units	504		187		2,379		187
Total stock-based compensation	$	1,024	$	2,122	$	4,319	$	3,327

The following table summarizes the RSU activity for the nine months ended September 30, 2024:


Employee RSUs	Number of RSUs	Weighted‑ Average Price Per Share
Outstanding at December 31, 2023	925,172	$	5.04
Granted	323,875	$	6.70
Settled	(300,729)	$	5.04
Forfeited	(11,948)	$	5.50

Outstanding at September 30, 2024	936,370	$	5.61

The following table summarizes the DSU activity for the nine months ended September 30, 2024:


Director DSUs	Number of DSUs	Weighted‑ Average Price per Share
Outstanding at December 31, 2023	302,920	$	7.76
Granted	2,194	$	10.76
Outstanding at September 30, 2024	305,114	$	7.78

Stock option activity for the nine months ended September 30, 2024, is summarized in the following tables:


Employee & Director Stock Options	Number of options	Weighted‑ Average Exercise Price
Outstanding at December 31, 2023	2,616,515	$	8.83
Granted	647,753	$	6.70
Exercised	(98,760)	$	9.87
Forfeited	(17,818)	$	6.82
Expired	(9,946)	$	11.62
Outstanding at September 30, 2024	3,137,744	$	8.36
Vested at September 30, 2024	2,108,816	$	9.26

The following assumptions were used to compute the fair value of the options granted using the Black-Scholes option valuation model: