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Note 22 - Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Restricted Stock Unit and Award Activity

The following table summarizes information about restricted stock unit and award activity for the year ended December 31, 2021:

 

 

 

Number of

Restricted

Stock Units/Awards

 

 

Weighted-Average

Grant Date

Fair Values

 

Outstanding on December 31, 2020

 

 

380,960

 

 

$

3.31

 

Granted

 

 

1,112,741

 

 

$

8.50

 

Vested

 

 

616,549

 

 

$

5.88

 

Forfeited

 

 

4,275

 

 

$

3.90

 

Outstanding on December 31, 2021

 

 

872,877

 

 

$

8.10

 

Stock Option Activity

The following table summarizes information about stock option activity for the year ended December 31, 2021:

 

 

 

Shares

Under

Option

 

 

Weighted

Average

Exercise

Price

Per Share

 

 

Weighted

Average

Remaining

Contractual Life

(Years)

 

Aggregate

Intrinsic

Value

($ millions)

 

Outstanding on December 31, 2020

 

 

7,724,426

 

 

$

8.10

 

 

 

 

 

 

 

Expired

 

 

438,538

 

 

$

22.01

 

 

 

 

 

 

 

Exercised

 

 

44,581

 

 

$

3.90

 

 

 

 

 

 

 

Forfeited

 

 

6,858

 

 

$

3.90

 

 

 

 

 

 

 

Outstanding on December 31, 2021

 

 

7,234,449

 

 

$

7.29

 

 

3.59

 

$

5

 

Exercisable on December 31, 2021

 

 

6,861,191

 

 

$

7.40

 

 

3.56

 

$

4

 

Expected to vest December 31, 2021

 

 

373,258

 

 

$

5.21

 

 

4.13

 

$

 

Valuation of Option Grants

The following inputs were used for the valuation of option grants issued in each year (there were no stock option grants issued in the year ended December 31, 2021):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Weighted-average fair value of options granted

 

$

1.50

 

 

$

1.73

 

Weighted-average risk-free interest rate

 

2.43%

 

 

2.47%

 

Expected option lives

 

3.7 years

 

 

4.5 years

 

Weighted-average volatility

 

98%

 

 

90%

 

Expected dividend yield

 

0.00%

 

 

0.00%

 

The following inputs were used in the lattice-based valuation of the July 27, 2020 option grants:

 

 

 

July 27, 2020

 

 

 

Option Awards

 

Weighted-average fair value of options granted

 

$

6.57

 

Range of risk-free interest rates

 

0.11% - 0.30%

 

Weighted-average term

 

5.57 years

 

Weighted-average volatility

 

98%

 

Weighted-average expected dividend yield

 

0.00%