SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The calculated value of each option award was estimated on the date of grant using a Black-Scholes option valuation model that used the following weighted-average assumptions for options granted during the nine months ended September 30, 2022:

	2022
Risk-free interest rate	1.9	%
Expected volatility	54.3	%
Expected dividend rate	0.0	%
Expected life in years	6.0

Schedule of Share-based Payment Arrangement, Option, Activity

The activity for stock options for the nine months ended September 30, 2022 is as follows (in thousands, except exercise price and contractual life):

	Shares	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (In Years)	Aggregate Intrinsic Value
Outstanding at January 1, 2022	69,244	$	1.84	8.2	$	113,908
Granted	8,479	1.83
Exercised	(1,231)	1.07
Forfeited	(9,087)	2.05
Expired	(1,607)	1.99
Outstanding at September 30, 2022	65,798	$	1.82	7.2	$	1,318

Share-based Payment Arrangement, Restricted Stock Unit, Activity

The following table summarizes RSU award activity for the nine months ended September 30, 2022 (in thousands, except weighted average grant date fair value):

	Number of RSUs	Weighted Average Grant Date Fair Value
Unvested RSUs at December 31, 2021	15,651	$	3.98
Granted	28,948	1.77
Vested	(140)	8.76
Forfeited	(7,134)	2.99
Unvested RSUs at September 30, 2022	37,325	$	2.44

Share-based Payment Arrangement, Performance Shares, Activity

The following table summarizes PSU award activity for the nine months ended September 30, 2022 (in thousands, except weighted average grant date fair value):

	Number of PSUs	Weighted Average Grant Date Fair Value
Unvested PSUs at December 31, 2021	14,700	$	9.30
Granted	—	—
Forfeited	(3,150)	9.30
Unvested PSUs at September 30, 2022	11,550	$	9.30