Stock-Based Compensation and Restricted Stock Units |
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| Stock-Based Compensation and Restricted Stock Units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock-Based Compensation and Restricted Stock Units | Note 5 – Stock-Based Compensation and Restricted Stock Units In May 2024, the Compensation Committee of the Company’s Board of Directors approved the Company’s grant of 46,875 restricted stock units to certain employees under the Interlink Electronics, Inc. 2016 Omnibus Incentive Plan. These restricted stock unit grants had a grant-date fair value of approximately $136,000 and vest over a five-year service period. The related compensation expense is recognized ratably over the vesting period. During each of the three-month periods ended June 30, 2026 and 2025, the Company recorded $7,000 of stock-based compensation expense for these restricted stock units. During each of the six-month periods ended June 30, 2026 and 2025, the Company recorded $14,000 of stock-based compensation expense for these restricted stock units. A summary of the status of the Company’s nonvested restricted stock units as of and for the six-month period ended June 30, 2026, is as follows:
As of June 30, 2026, there was approximately $73,000 of total unrecognized compensation cost related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 2.5 years. |
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