Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Activity

Restricted stock activity for the three months ended March 31, 2024 is as follows:

			Weighted-Average
			Grant-Date Fair
	Number of shares		Value per Share
Non-vested, at December 31, 2023		1,161,811	$	4.25
Granted - Performance-based restricted stock		253,918	$	7.02
Granted - Time-based restricted stock		163,640	$	7.02
Vested		—		—
Canceled and surrendered		—		—
Non-vested, at March 31, 2024		1,579,369	$	4.98

Additional Information Regarding Outstanding Non-vested Time-based Restricted Stock and Performance-based Restricted Stock

Additional information regarding the Company’s outstanding non-vested time-based restricted stock and performance-based restricted stock at March 31, 2023 is as follows:

Grant date	Restricted shares unvested		Share Value at Grant Date Per Share		Remaining Restriction Period (Years)
March 16, 2022		37,947		6.72		0.9
June 19, 2023		77,296		4.14		0.3
July 11, 2023		1,046,568		4.08		1.6
February 26, 2024		163,640		7.02		2.8
February 26, 2024		253,918		7.02		2.8
		1,579,369