STOCK-BASED COMPENSATION (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
|---|
| Share-based Payment Arrangement [Abstract] |
|
| DISCLOSURE OF SHARE-BASED COMPENSATION ARRANGEMENTS BY SHARE-BASED PAYMENT AWARD |
The
following table summarizes the RSU and restricted stock transactions related to the common and Preferred Stock under the Amended and
Restated Incentive Plan for the years ended December 31, 2021 and 2020:
DISCLOSURE OF SHARE-BASED COMPENSATION ARRANGEMENTS BY SHARE-BASED PAYMENT AWARD
| |
|
Common
Stock |
|
|
Preferred
Stock |
|
| Outstanding
and unvested shares at January 1, 2021 |
|
|
382,435 |
|
|
|
44,000 |
|
| Granted |
|
|
628,361 |
|
|
|
50,010 |
|
| Vested |
|
|
(491,025 |
) |
|
|
(60,010 |
) |
| Forfeited |
|
|
(101,732 |
) |
|
|
- |
|
| Outstanding
and unvested shares at December 31, 2021 |
|
|
418,039 |
|
|
|
34,000 |
|
| |
|
|
|
|
|
|
|
|
| Outstanding
and unvested shares at January 1, 2020 |
|
|
451,084 |
|
|
|
44,000 |
|
| Granted |
|
|
788,955 |
|
|
|
63,579 |
|
| Vested |
|
|
(752,375 |
) |
|
|
(63,579 |
) |
| Forfeited |
|
|
(105,229 |
) |
|
|
- |
|
| Outstanding
and unvested shares at December 31, 2020 |
|
|
382,435 |
|
|
|
44,000 |
|
|
| SCHEDULE OF SHARE-BASED COMPENSATION, RESTRICTED STOCK UNITS AWARD ACTIVITY |
The
following table summarizes the share activity during the years ended December 31, 2021 and 2020 and the amount of common and preferred
shares available for grant at December 31, 2021 and 2020:
SCHEDULE OF SHARE-BASED COMPENSATION, RESTRICTED STOCK UNITS AWARD ACTIVITY
| |
|
Common
Stock |
|
|
Preferred
Stock |
|
| Shares
available for grant at January 1, 2021 |
|
|
1,718,012 |
|
|
|
370,075 |
|
| RSUs
granted |
|
|
(628,361 |
) |
|
|
(50,010 |
) |
| RSUs
forfeited |
|
|
101,732 |
|
|
|
- |
|
| Shares
available for grant at December 31, 2021 |
|
|
1,191,383 |
|
|
|
320,065 |
|
| |
|
|
|
|
|
|
|
|
| Shares
available for grant at January 1, 2020 |
|
|
401,738 |
|
|
|
133,654 |
|
| Additional
shares available for grant |
|
|
2,000,000 |
|
|
|
300,000 |
|
| RSUs
granted |
|
|
(788,955 |
) |
|
|
(63,579 |
) |
| RSUs
forfeited |
|
|
105,229 |
|
|
|
- |
|
| Shares
available for grant at December 31, 2020 |
|
|
1,718,012 |
|
|
|
370,075 |
|
|
| SCHEDULE OF EMPLOYEE SERVICE SHARE-BASED COMPENSATION, ALLOCATION OF RECOGNIZED PERIOD COSTS |
SCHEDULE OF EMPLOYEE SERVICE SHARE-BASED COMPENSATION, ALLOCATION OF RECOGNIZED PERIOD COSTS
| Stock-based
compensation included in the |
|
Year
ended December 31, |
|
| consolidated
statements of operations: |
|
2021 |
|
|
2020 |
|
| |
|
($
in thousands) |
|
| Direct
operating costs |
|
$ |
1,142 |
|
|
$ |
1,094 |
|
| General
and administrative |
|
|
3,302 |
|
|
|
3,599 |
|
| Research
and development |
|
|
268 |
|
|
|
729 |
|
| Selling
and marketing |
|
|
684 |
|
|
|
1,080 |
|
| Total
stock-based compensation expense |
|
$ |
5,396 |
|
|
$ |
6,502 |
|
|