EQUITY-BASED INCENTIVE PLANS (Tables)

3 Months Ended

Mar. 31, 2023

The following table summarizes stock option activity for the Plans:


	Options		Weighted Average Exercise Price		Aggregate Intrinsic Value		Weighted Average Remaining Contractual Life
					(In thousands)




Outstanding at December 31, 2022	1,310,417		$	4.29	$	535	8.0 years
Granted	243,319		$	4.27	$	—
Exercised	—		$	—	$	—
Forfeited/Expired	(187,500)		$	4.94	$	49
Outstanding at March 31, 2023	1,366,236		$	4.20	$	199	7.3 years
Exercisable at March 31, 2023	403,749		$	4.54	$	67	4.6 years
Vested and expected to vest at March 31, 2023	1,366,236		$	4.20	$	199	7.3 years
Unrecognized stock-based compensation expense at March 31, 2023 (in thousands)	$	1,285
Weighted average remaining vesting period at March 31, 2023	2.5 years

The following table summarizes nonvested restricted stock activity for the Plans:


	RSAs				RSUs
	Shares		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value





Nonvested at December 31, 2022	406,001		$	4.02	842,302		$	4.42
Granted	—		$	—	509,798		$	4.27
Vested	(131,001)		$	4.18	(110,541)		$	3.90
Forfeited	(17,500)		$	5.14	(126,666)		$	4.59
Nonvested at March 31, 2023	257,500		$	3.85	1,114,893		$	4.39
Unrecognized stock-based compensation expense at March 31, 2023 (in thousands)	$	861			$	3,863
Weighted average remaining vesting period at March 31, 2023	1.6 years				2.4 years

Compensation expense for share-based awards recognized in general and administrative expenses was comprised of the following:


	Three Months Ended March 31,
		2023		2022
		(In thousands)
Options		$	28	$	132
RSAs		209		528
RSUs		240		514
Total compensation expense for share-based awards		$	477	$	1,174