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EQUITY-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Equity-based Compensation, Valuation Assumptions

The fair value of the stock is estimated on the date of grant using the Black-Scholes option-pricing model using the following assumptions:

			2021						2020
Expected annual dividend yield			—		%				—		%
Expected volatility			49.1		%				42.1 - 63.3%
Risk-free rate of return			0.1		%				1.6 - 1.7%
Expected option term (years)			0.2						0.8 - 4.4

The fair value of the stock is estimated on the date of grant using the Black-Scholes option-pricing model using the following assumptions:

			2021						2020
Expected annual dividend yield			—		%				—		%
Expected volatility			47.5		%				—		%
Risk-free rate of return			0.7		%				—		%
Expected option term (years)			4.5						0

Schedule of Restricted Stock Activity

A summary of restricted stock activity for the six months ended June 30, 2021 and 2020 is as follows (in thousands except per share data):

			Number of RSU's						Weighted average grant date fair value						Weighted average remaining recognition period
Non-vested at December 31, 2019			73						$	2.21
Recapitalized			607						(1.97)
Non-vested at December 31, 2019 (after effect of recapitalization)			680						0.24
Granted			573						2.02
Vested			(520)						0.97
Forfeited			—						—
Non-vested at June 30, 2020			733						$	1.11					1.80

			Number of RSU's						Weighted average grant date fair value						Weighted average remaining recognition period
Non-vested at December 31, 2020			91						$	11.58
Recapitalization			671						(10.19)
Non-vested at December 31, 2020 (after effect of recapitalization)			762						1.39
Granted			143						11.90
Vested			(245)						1.20
Forfeited			(26)						3.92
Non-vested at June 30, 2021			634						$	2.10					2.08

Schedule of Stock Option Activity

A summary of stock option activity for the six months ended June 30, 2021 and 2020 is as follows (in thousands except per share data):

Number of Options

Weighted Average Exercise Price

Weighted Average Remaining Contractual Term (Years)

Balance, December 31, 2019

—

$

—

—

Granted

—

—

—

Exercised

—

—

—

Forfeited

—

—

—

Balance, June 30, 2020

—

$

—

—

			Number of Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (Years)
Balance, December 31, 2020			—						$	—					—
Granted			613						28.90						7
Exercised			—						—						—
Forfeited			—						—						—
Balance, June, 2021			613						$	28.90					6.75
Exercisable			—						—						—

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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-Name Accounting Standards Codification
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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Tabular disclosure of the change in restricted stock units (RSUs).

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