Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.2.2
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 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 nine months ended September 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     625,252       -       80,000  
Vested     (426,299 )     (34,000 )     (10,000 )
Forfeited     (55,616 )     -       -  
Outstanding and unvested shares at September 30, 2022     561,376       -       70,000  
                         
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       -  

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 nine months ended September 30, 2022 and 2021:

 

                         
Stock-based compensation included in the   Three Months Ended September 30,     Nine Months Ended September 30,  
consolidated statements of operations:   2022     2021     2022     2021  
    ($ in thousands)  
Direct operating costs   $ 247     $ 207     $ 665     $ 766  
General and administrative     703       737       1,848       2,482  
Research and development     82       (3 )     225       206  
Selling and marketing     296       63       661       552  
Total stock-based compensation expense   $ 1,328     $ 1,004     $ 3,399     $ 4,006