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Share-Based Payments (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Grants, Exchanges and Forfeitures of Restricted Stock and RSUs

The following table summarizes the grants, vesting and forfeitures of restricted common stock and RSUs during the six months ended June 30, 2025:

 

Type

 

Restricted Stock

 

 

RSUs

 

 

Grant Date Fair Value ($ in millions)

 

Outstanding at December 31, 2024

 

 

63,980

 

 

 

2,243,259

 

 

 

 

Granted

 

 

71,134

 

 

 

 

 

$

0.7

 

Vested

 

 

(63,980

)

 

 

(2,361

)

 

N/A

 

Forfeiture

 

 

 

 

 

(17,978

)

 

N/A

 

Outstanding at June 30, 2025

 

 

71,134

 

 

 

2,222,920

 

 

 

 

 

Below is a summary of restricted stock and RSU vesting dates as of June 30, 2025:

 

Vesting Year

 

Restricted Stock

 

 

RSUs

 

 

Total Awards

 

2025

 

 

 

 

 

1,183,307

 

 

 

1,183,307

 

2026

 

 

71,134

 

 

 

693,813

 

 

 

764,947

 

2027

 

 

 

 

 

345,800

 

 

 

345,800

 

Total

 

 

71,134

 

 

 

2,222,920

 

 

 

2,294,054