Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.23.3
Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Compensation [Abstract]  
Schedule of Summarizes the Activity Related to RSUs The following table summarizes the activity related to RSUs during the nine months ended September 30, 2023:
    Restricted
Stock Units
    Weighted
Average
Grant
Date Fair
Value
 
Unvested balance on January 1, 2023     1,053,445     $ 4.67  
Granted    
-
    $
-
 
Vested     (276,582 )   $ 1.02  
Forfeited     (173,364 )   $ 5.81  
Unvested balance on September 30, 2023     603,499     $ 5.98  
Schedule of Summarizes the Activity Related to PSUs The following table summarizes the activity related to PSUs during the nine months ended September 30, 2023:
PSU Type   Balance at
January 1,
2023
    Granted     Forfeited     Balance at
September 30,
2023
 
Net revenue based     495,200            -       230,000       265,200  
Weighted average grant date fair value   $ 8.00     $ -     $ 6.71     $ 9.12  
Cash flow based     123,800       -       57,500       66,300  
Weighted average grant date fair value   $ 2.44     $ -     $ 2.35     $ 2.52  
Total     619,000       -       287,500       331,500