Stock Incentive Plan
|9 Months Ended|
Sep. 30, 2022
|Disclosure of Compensation Related Costs, Share-based Payments [Abstract]|
|Stock Incentive Plan||
NOTE 15. STOCK INCENTIVE PLAN
non-cashstock-based compensation expense based on the estimated fair value of awards in accordance with FASB ASC Topic 718 “
.” Stock-based compensation expense fluctuates over time as a result of the vesting periods for outstanding awards and the number of awards that actually vest.
The following table reflects the components of stock-based compensation expense recognized in the Condensed Consolidated Statements of Operations for the three- and nine-month periods ended September 30, 2022 and 2021:
The weighted-average assumptions used to estimate the fair value of the stock options using the Black-Scholes valuation model were as follows for the three- and nine-month periods ended September 30, 2022 and 2021:
Activity with respect to our option awards during the nine-month period ended September 30, 2022 is as follows:
Activity with respect to our restricted stock awards during the nine-month period ended September 30, 2022 is as follows:
The aggregate intrinsic value represents the difference between our closing stock price on September 30, 2022 of $1.74 and the option exercise price of the shares for stock options that were in the money, multiplied by the number of shares underlying such options. The total fair value of options vested during the periods ended September 30, 2022 and 2021 was $0.2 million and $0.3 million, respectively.
As of September 30, 2022, there was $0.4 million of total unrecognized compensation cost related to
non-vestedstock option awards. This cost is expected to be recognized over a weighted-average period of 2.9 years.
The entire disclosure for share-based payment arrangement.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef