Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.24.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options, Valuation Assumptions

There were no stock options granted in 2023. The following table provides the weighted average assumptions used in determining the fair value of the stock options granted during the year ended December 31, 2022:

 

    December 31, 2022  
       
Risk-free interest rate     1.75 %
Expected life     6.0 years  
Expected volatility     129.88 %
Dividend yield     -  
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award

Stock-based compensation from continuing operations for the years ended December 31, 2023 and 2022 is as follows:

 

    2023     2022  
RSUs and restricted stock   $ 313     $ 498  
Performance-based awards     58       71  
Options     259       622  
Total stock-based compensation expense   $ 630     $ 1,191  
Schedule of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2023, and changes during such year, is presented below:

 

 Schedule of Stock Option Activity

          Weighted-     Weighted-Average        
          Average     Remaining     Aggregate  
          Grant     Contractual     Intrinsic  
    Shares     Price     Period (in years)     Value  
Outstanding at January 1, 2023     527,844     $ 6.46       7.57     $      -  
Granted     -       -       -       -  
Forfeited or expired     (72,000 )     6.07       -       -  
Outstanding at December 31, 2023     455,844       6.52       6.47       -  
                                 
Exercisable at December 31, 2023     336,826       6.95       6.29       -  
                                 
Vested and expected to vest     376,509       6.79       6.45       -  
Schedule of Non Vested Option Activity

A summary of the change in of the Company’s non-vested options for the year ended December 31, 2023 is presented below:

 

    Shares     Weighted- Average Grant Date Fair Value  
             
Nonvested at January 1, 2023     257,764     $ 4.63  
Granted     -       -  
Vested     (129,574 )     4.70  
Forfeited     (9,172 )     4.56  
Nonvested at December 31, 2023     119,018     $ 4.55  
Schedule of Share-Based Compensation, Restricted Stock and Restricted Stock Units Activity

A summary of the Company’s non-vested shares of restricted stock and restricted stock units for the year ended December 31, 2023, and changes during such year, is presented below:

 

          Weighted-     Average        
          Average     Remaining     Aggregate  
          Grant Date     Vesting     Intrinsic  
    Shares     Fair Value     Period (in years)     Value  
Nonvested at January 1, 2023     249,005     $ 3.47       0.98     $ 258,965  
Granted     87,500       1.32       -       -  
Vested     (79,659 )     4.30       -       -  
Forfeited     (20,002 )     6.52       -       -  
Nonvested at December 31, 2023     236,844     $ 2.14       0.84     $ 255,792