Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2022
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 three months ended March 31, 2022 and 2021:

 

 

    Common Stock     Series A Preferred Stock     Series B Preferred Stock  
Outstanding and unvested shares at January 1, 2022     418,039       34,000       —  
Granted     360,398       —       34,000  
Vested     (208,817 )     (34,000 )     —  
Forfeited     (25,494 )     —       —  
Outstanding and unvested shares at March 31, 2022     544,126       —       34,000  
                         
Outstanding and unvested shares at January 1, 2021     382,435       44,000       —  
Granted     395,100       34,000       —  
Vested     (226,525 )     (44,000 )     —  
Forfeited     (5,023 )     —       —  
Outstanding and unvested shares at March 31, 2021     545,987       34,000       —  
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 ended March 31, 2022 and 2021:

 

 

Stock-based compensation included in   Three Months Ended March 31,  
the consolidated statements of operations:   2022     2021  
    ($ in thousands)  
Direct operating costs   $ 217     $ 305  
General and administrative     380       624  
Research and development     70       137  
Selling and marketing     220       201  
Total stock-based compensation expense   $ 887     $ 1,267