v3.25.2
Restricted Stock Units
6 Months Ended
Jun. 30, 2025
Restricted Stock Units.  
Restricted Stock Units

Note 5 – Restricted Stock Units

During the three- and six-month periods ended June 30, 2025, the Company recorded $7,000 and $14,000 of stock - based compensation expense, all of which was for restricted stock units. In May 2024, the Compensation Committee of the Company’s Board of Directors approved the Company’s grant of 31,250 restricted stock units to certain employees under the Interlink Electronics, Inc. 2016 Omnibus Incentive Plan. A summary of the status of the Company’s nonvested restricted stock units as of and for the six - month period ended June 30, 2025, is as follows:

    

    

Weighted-

Average

Grant-Date

Fair Value

Nonvested Restricted Stock Units

Shares

(per share)

Nonvested at January 1, 2025

 

31,250

$

4.35

Granted

 

 

Vested

 

 

Forfeited

 

 

Nonvested at June 30, 2025

 

31,250

$

4.35

As of June 30, 2025, there was approximately $102,000 of total unrecognized compensation cost related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 3.6 years.