Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.21.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2021
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 six months ended June 30, 2021 and 2020:

 

    Common Stock     Preferred Stock  
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  
                 
Outstanding and unvested shares at January 1, 2020     451,085       44,000  
Granted     618,879       44,000  
Vested     (326,996 )     (44,000 )
Forfeited     (50,896 )     -  
Outstanding and unvested shares at June 30, 2020     692,072       44,000  
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 and six months ended June 30, 2021 and 2020:

 

Stock-based compensation included in the condensed   Three Months Ended June 30,     Six Months Ended June 30,  
consolidated statements of operations:   2021     2020     2021     2020  
    ($ in thousands)  
Direct operating costs   $ 254     $ 259     $ 559     $ 429  
General and administrative     1,120       1,217       1,745       2,069  
Research and development     72       178       209       254  
Selling and marketing     288       227       489       436  
Total stock-based compensation expense   $ 1,734     $ 1,881     $ 3,002     $ 3,188