SHARE BASED PAYMENTS (Tables)

9 Months Ended

Sep. 30, 2023

SHARE BASED PAYMENTS

Schedule of assumptions

Risk-free interest rate		4.09	%
Common stock price	$	7.51
Expected dividend yield		—
Expected term (in years)		2
Expected volatility		75	%

Schedule of stock option activity

			Weighted
	Number of	Weighted average	average	Aggregated
	shares under	Exercise price per	remaining	Intrinsic value
	option	Option	Life	(in thousands)
Balance, December 31, 2022	311,590	4.20	8.79	1,042
Granted	43,500	7.51
Exercised	(6,809)	5.91
Forfeited	—	—
Outstanding – September 30, 2023	348,281	4.59	8.19	2,912
Exercisable – September 30, 2023	210,836	4.22	8.15
Expected to vest – September 30, 2023	348,281	4.59	8.19	2,912

Schedule of restricted stock awards

		Weighted	Weighted average	Aggregated
	Number of	average grant	contractual term	Intrinsic value
	shares	date fair value	(in years)	(in thousands)
Balance, December 31, 2022	338,807	7.15	2.22	2,541
Granted	663,499	8.76
Vested	(50,137)	9.44
Outstanding – September 30, 2023	952,169	8.07	2.16	12,273
Expected to vest – September 30, 2023	952,169	8.07	2.16	12,273