Stock Incentive Plan
|9 Months Ended|
Sep. 30, 2023
|Disclosure of Compensation Related Costs, Share-based Payments [Abstract]|
|Stock Incentive Plan||
NOTE 14. STOCK INCENTIVE PLAN
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, 2023 and 2022:
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, 2023 and 2022:
Activity with respect to our option awards during the nine-month period ended September 30, 2023 is as follows:
Activity with respect to our restricted stock awards during the nine-month period ended September 30, 2023 is as follows:
The aggregate intrinsic value represents the difference between the company’s closing stock price on September 30, 2023 of $0.59 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, 2023 and 2022, was $0.2 million.
As of September 30, 2023, there was $1.1 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/exampleRef