v3.25.1
Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2025
Schedule of Time-based Incentive Stock Option Activity A summary of the inventive stock option activity for the three month ended March 31, 2025 is presented below:

 

 

 

Options outstanding

 

 

Weighted Average Exercise Price Per Share

 

 

Weighted Average Remaining Contractual Life (Years)

 

 

Aggregate Intrinsic Value

 

Balance as of January 1, 2025

 

 

424,511

 

 

$

10.28

 

 

 

6.1

 

 

$

—

 

Forfeited

 

 

(27,414

)

 

$

10.28

 

 

 

5.8

 

 

$

—

 

Balance as of March 31, 2025

 

 

397,097

 

 

$

10.28

 

 

 

5.8

 

 

$

—

 

Options vested and exercisable as of March 31, 2025

 

 

170,274

 

 

$

10.28

 

 

 

5.8

 

 

$

—

 
Restricted and Unrestricted Stock  
Summary of Non-Vested Shares

A summary of nonvested RSUs outstanding is presented below:

 

 

 

Three Months Ended
March 31, 2025

 

 

 

Number
of Shares

 

 

Weighted
Average
Grant
Date Fair
Value

 

Nonvested shares at January 1, 2025

 

 

682,853

 

 

$

13.77

 

Granted

 

 

20,000

 

 

 

5.50

 

Vested

 

 

(6,878

)

 

 

15.59

 

Forfeited

 

 

(14,509

)

 

 

22.36

 

Nonvested shares at March 31, 2025

 

 

681,466

 

 

$

13.33