v3.26.1
STOCK BASED COMPENSATION
3 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
STOCK BASED COMPENSATION STOCK BASED COMPENSATION
The compensation expense related to restricted and non-restricted stock grants was $23,235 during the three months ended June 30, 2026, and $23,054 during the three months ended June 30, 2025. As of June 30, 2026 there was $41,989 of total unrecognized compensation cost related to non-vested shares of common stock awarded, and $73,597 during the three months ended June 30, 2025. The cost is expected to be recognized over a weighted average period of 3.47 years. The compensation expense related to stock awards which vested on the date of the award was $15,972 and $11,754 during the three months ended June 30, 2026 and June 30, 2025, respectively.
The Company has determined the fair value of FRHC shares awarded during the three months ended June 30, 2026, using the Monte Carlo valuation model based on the following key assumptions:
Stock awards granted Term (years)VolatilityRisk-free rate
May 29, 20265.0038.80 %4.13 %
The table below summarizes the activity for the Company's stock awards during the three months ended June 30, 2026:
SharesWeighted
Average
Fair Value
Outstanding, at March 31, 2026
903,483 85,776 
Granted136,179 19,074 
Vested(236,654)(21,195)
Forfeited/cancelled/expired(7,525)(321)
Outstanding, at June 30, 2026
795,483 83,334