Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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 A&R Plan for the six months ended June 30, 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     362,756       -       44,000  
Vested     (234,874 )     (34,000 )     (10,000 )
Forfeited     (35,870 )     -       -  
Outstanding and unvested shares at June 30, 2022     510,051       -       34,000  
                         
Outstanding and unvested shares at January 1, 2021     382,435       44,000       -  
Granted     419,159       42,166       -  
Vested     (294,575 )     (52,166 )     -  
Forfeited     (30,412 )     -       -  
Outstanding and unvested shares at June 30, 2021     476,607       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 and six months ended June 30, 2022 and 2021:

 

                         
Stock-based compensation included in the   Three Months Ended June 30,     Six Months Ended June 30,  
consolidated statements of operations:   2022     2021     2022     2021  
    ($ in thousands)  
Direct operating costs   $ 201     $ 254     $ 418     $ 559  
General and administrative     765       1,120       1,145       1,745  
Research and development     73       72       143       209  
Selling and marketing     145       288       365       489  
Total stock-based compensation expense   $ 1,184     $ 1,734     $ 2,071     $ 3,002