v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Time Based Restricted Stock Grant Activity

A summary of the Company’s time-based restricted stock grant activity is as follows:

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

Grant-Date

 

Time-Based Restricted Stock Grants

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2025

 

 

62,627

 

 

$

4.51

 

Granted

 

 

26,916

 

 

$

5.10

 

Vested

 

 

(20,786

)

 

$

4.73

 

Forfeited

 

 

(1,000

)

 

$

5.10

 

Unvested at June 30, 2026

 

 

67,757

 

 

$

4.67

 

Summary of Performance Based Grant Activity

A summary of the Company’s performance-based restricted stock grant activity is as follows:

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

Grant-Date

 

Performance-Based Restricted Stock Grants

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2025

 

 

75,872

 

 

$

4.82

 

Granted

 

 

31,226

 

 

$

5.10

 

Vested

 

 

(16,824

)

 

$

4.85

 

Unvested at June 30, 2026

 

 

90,274

 

 

$

4.91