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EQUITY AND LONG-TERM COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK BASED COMPENSATION VALUATION ASSUMPTION OF ACTIVITY OPTIONS

The following assumptions were made to estimate fair value:

 

Expected Volatility   63%
Expected Dividend Yield   0%
Expected Term (in years)   5.8 
Risk Free Rate   3.05%
Estimate of Forfeiture Rate   0%
SCHEDULE OF SHARE BASED COMPENSATION STOCK OPTION ACTIVITY

 

  

Number of


Options

  

Weighted


Average


Exercise Price

  

Aggregate


Intrinsic Value

 
Balance as of December 31, 2022   205,000   $13.44          - 
 Options Forfeited   (7,500)   13.44      
Balance as of June 30, 2023   197,500    13.44    - 
                
Options exercisable as of June 30, 2023   60,347   $13.44    - 
SCHEDULE OF SHARE BASED COMPENSATION RESTRICTED STOCK UNITS AWARD ACTIVITY

The summary of stock-based compensation activity for the six months ended June 30, 2023, with respect to the Trust’s restricted stock, was as follows:

 

Summary of Activity - Restricted Stock

 

  

Number of
Shares of
Restricted
Stock

  

Weighted
Average
Grant Date
Fair Value

 
Balance as of December 31, 2022   28,182    21.64 
Plan Awards   -    - 
Restricted Stock Forfeited   -    - 
Restricted Stock Vested   (8,017)   23.65 
Balance as of June 30, 2023   20,165    20.83