Stock Compensation Plans

3 Months Ended

Mar. 31, 2020

(10)STOCK COMPENSATION PLANS


Non-vested grants at December 31, 2019		488,500
Granted – share price on grant date was $0.98		30,000
Vested – average weighted share price on vesting date was		—
Forfeited		(6,500)
Non-vested grants at March 31, 2020		512,000

No shares vested during the three months ended March 31, 2020.

For the three months ended March 31, 2020, and 2019, our stock-based compensation was $0.3 million and $0.5 million, respectively.

Non-vested RSU grants will vest as follows:

The outstanding RSUs have a value of $0.35 million based on the May 8, 2020, closing stock price of $0.69.

At May 8, 2020, we had 1,360,348 RSUs available for future issuance.