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EQUITY AND LONG-TERM COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2024
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, 2023   197,500   $13.44    - 
Options Forfeited   -           
Balance as of March 31, 2024   197,500    13.44           - 
                
Options exercisable as of March 31, 2024   109,722   $13.44    - 
SCHEDULE OF SHARE BASED COMPENSATION RESTRICTED STOCK UNITS AWARD ACTIVITY

The summary of stock-based compensation activity for the three months ended March 31, 2024, 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, 2023   13,415    18.50 
Plan Awards   -    - 
Restricted Stock Forfeited   -    - 
Restricted Stock Vested   (3,375)   25.46 
Balance as of March 31, 2024   10,040    16.17