Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following table summarizes stock option activities for the six months ended June 30, 2024 and 2023:

				Weighted
				Average
				Exercise Price
	Options			Price
Outstanding as of January 1, 2023		2,190,979		$	2.40
Exercised		(300	)		2.55
Forfeited		(13,961	)		2.50
Outstanding as of June 30, 2023		2,176,718		$	2.40
Outstanding as of January 1, 2024		2,156,632			2.40
Forfeited		(302	)		2.39
Outstanding as of June 30, 2024		2,156,330		$	2.40
Vested and exercisable as of June 30, 2024		2,145,802		$	2.40

Schedule of Stock Based Compensation

Stock-based compensation is recorded on the Company’s condensed consolidated statements of operations and comprehensive (loss) income as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Cost of revenues	$	924	$	731	$	1,729	$	1,696
General and administrative		1,332		1,005		2,430		2,366
Stock-based compensation	$	2,256	$	1,736	$	4,159	$	4,062