STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2024 is presented below:

	Shares (in thousands)			Weighted Average Share Price
Balance, January 1, 2024		623		$	5.12
Granted		74			0.85
Forfeited		(6	)		5.00
Vested		23			4.73
Balance, June 30, 2024		714		$	4.38

Non-vested, Service-based Awards

As of June 30, 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	$	324
2025		564
2026		419
2027		37
2028		6
	$	1,350