NOTE 9: STOCK-BASED COMPENSATION EXPENSE

The Company recorded stock-based compensation for the three and six months ended June 30, 2026 and 2025, respectively, that were included in the following line items in our condensed consolidated statements of operations (in thousands):

 SCHEDULE OF STOCK BASED COMPENSATION

NOTE 9: STOCK-BASED COMPENSATION EXPENSE (continued)

Stock-based compensation related to discontinued operations were $0 and $13,000 for the three months ended June 30, 2026 and 2025, respectively, and $13,000 and $27,000 for the six months ended June 30, 2026 and 2025, respectively. Stock-based compensation expense for three months ended June 30, 2026 and 2025 included $50,000 and $50,000, respectively, and for the six month periods June 30, 2026 and 2025 included $100,000 and $100,000, respectively, related to restricted stock awards that directors are entitled to receive pursuant to the Director Compensation Plan. Under this plan each of the Company’s independent directors is entitled to an Annual Equity Retainer in the amount of $40,000, to be granted on the date of the Company’s annual meeting of shareholders.

The following table summarizes stock options awards through June 30, 2026:

 SCHEDULE OF STOCK OPTIONS AWARDS

The following table summarizes information about the outstanding and exercisable options at June 30, 2026 by ranges of exercise prices:

 SCHEDULE OF OUTSTANDING AND EXERCISABLE OPTIONS RANGES OF EXERCISE PRICES

As of June 30, 2026, there was $0.4 million of unrecognized compensation costs related to stock options expected to be recognized over a weighted average period of 0.7 years.