STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2024

STOCK-BASED COMPENSATION [Abstract]

Activity of Non-vested Restricted Common Stock Awards

A summary of the activity for non-vested restricted stock and RSU awards as of March 31, 2024 is presented below:

	Shares (in thousands)			Weighted Average Share Price
Balance, January 1, 2024		623		$	4.37
Granted		60			4.47
Forfeited		(6	)		5.00
Vested		(3	)		3.85
Balance, March 31, 2024		674		$	4.40

Non-vested, Service-based Awards

As of March 31, 2024, there was unrecognized compensation cost related to non-vested, service-based RSU awards of $1.4 million, which will be recognized in each of the following years (dollars in thousands):

Unrecognized Expense
2024	$	475
2025		548
2026		403
2027		21
	$	1,447