v3.26.1
RESTRICTED STOCK AWARDS
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
RESTRICTED STOCK AWARDS

NOTE 5. RESTRICTED STOCK AWARDS

 

Restricted Stock Award transactions during the years ended December 31, 2025 were as follows:

 

   December 31, 2025 
   Shares   Weighted- Average Grant Date Fair Value 
         
Unvested at Beginning of Period   69,883   $34.05 
Granted   -    - 
Vested   (8,572)   11.20 
Forfeited or Cancelled RSAs   -   - 
Unvested at End of Period   61,312   $36.85 

 

At December 31, 2025, we had approximately $2.3 million unrecognized stock-based compensation related to restricted stock awards. The weighted average non-performance based will be recognized over the next 0.3 years. The performance based restricted stock awards of $2.2 million will be recognized in 2026.

 

The Company recognized stock compensation of $96,000 and $102,000 related to restricted stock awards for the years ended December 31, 2025 and 2024, respectively.