Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to RSUs, RSAs and PSUs
A summary of activity and weighted average fair values related to the RSUs is as follows:
Three Months Ended March 31, 2024
Shares Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2023
2,116,671  $ 3.19 
Granted 26,954  3.71 
Vested (118,703) 9.14 
Forfeited (12,593) 2.36 
Outstanding and nonvested at March 31, 2024
2,012,329  $ 2.85 
A summary of activity and weighted average fair values related to the RSAs is as follows:
Three Months Ended March 31, 2024
Shares Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2023
214,556  $ 5.06 
Outstanding and nonvested at March 31, 2024
214,556  $ 5.06 
A summary of activity and weighted average fair values related to the PSUs is as follows:
Three Months Ended March 31, 2024
Shares Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2023
1,530,360  $ 4.21 
Vested (181,576) 3.95 
Forfeited (20,171) 3.75 
Outstanding and nonvested at March 31, 2024
1,328,613  $ 3.17 
Schedule of Unrecognized Compensation Cost on Nonvested Awards
As of March 31, 2024, the Company had not yet recognized compensation costs on nonvested awards as follows (in thousands):    
Unrecognized Compensation Cost Weighted Avg. Remaining Recognition Period (in years)
Nonvested awards $ 5,981  1.26