CareCloud, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

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 three months ended March 31, 2023 and 2022:

	Common Stock			Series A Preferred Stock			Series B Preferred Stock
Outstanding and unvested shares at January 1, 2023		645,475			-			80,462
Granted		546,851			-			62,000
Vested		(498,660	)		-			(57,263	)
Forfeited		(19,975	)		-			-
Outstanding and unvested shares at March 31, 2023		673,691			-			85,199

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

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, 2023 and 2022:

Stock-based compensation included in the consolidated statements of operations:

	Three Months Ended March 31,
	2023		2022
	($ in thousands)
Direct operating costs	$	88	$	217
General and administrative		605		380
Research and development		37		70
Selling and marketing		342		220
Total stock-based compensation expense	$	1,072	$	887