Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.21.2
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
DISCLOSURE OF SHARE-BASED COMPENSATION ARRANGEMENTS BY SHARE-BASED PAYMENT AWARD

The following table summarizes the RSU transactions related to the common and preferred stock under the Equity Incentive Plan for the nine months ended September 30, 2021 and 2020:

 

    Common Stock     Preferred Stock  
Outstanding and unvested shares at January 1, 2021     382,435       44,000  
Granted     458,467       46,197  
Vested     (475,120 )     (56,197 )
Forfeited     (85,286 )     -  
Outstanding and unvested shares at September 30, 2021     280,496       34,000  
                 
Outstanding and unvested shares at January 1, 2020     451,085       44,000  
Granted     777,884       59,673  
Vested     (667,436 )     (59,673 )
Forfeited     (82,428 )     -  
Outstanding and unvested shares at September 30, 2020     479,105       44,000  
SCHEDULE OF EMPLOYEE SERVICE SHARE-BASED COMPENSATION, ALLOCATION OF RECOGNIZED PERIOD COSTS

The following table summarizes the components of share-based compensation expense for the three months and nine months ended September 30, 2021 and 2020:

 

 

Stock-based compensation included in the condensed consolidated statements of operations:   Three Months Ended September 30,    

Nine Months Ended

September 30,

 
    2021     2020     2021     2020  
    ($ in thousands)  
Direct operating costs   $ 207     $ 379     $ 766     $ 809  
General and administrative     737       819       2,482       2,887  
Research and development     (3 )     262       206       516  
Selling and marketing     63       303       552       739  
Total stock-based compensation expense   $ 1,004     $ 1,763     $ 4,006     $ 4,951