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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Option, Activity The following table provides a summary of the option activity under the 2021 Plan for the three months ended March 31, 2024:
Number of
Options
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(Years)
Aggregate
Intrinsic Value
(000’s)
Outstanding as of December 31, 20231,325,354$3.15 7.61
Granted— 
Exercised(167,985)1.80 
Forfeited(11,124)8.63 
Balance as of March 31, 2024
1,146,245$3.30 7.46$3,986,920 
Exercisable as of March 31, 2024
402,868$2.65 7.35$1,570,005 
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table provides a summary of weighted-average grant-date fair value of unit options under the 2021 Plan:
Weighted-
Average
Grant Date
Fair Value
Non-vested as of December 31, 2023$1.80 
Granted— 
Vested0.54 
Forfeited5.50 
Non-vested as of March 31, 2024
$1.89 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table provides a summary of the Company’s RSU and PSU activity:

Number of
Units(1)
Weighted Average Grant Date Fair Value
Outstanding as of December 31, 20231,826,946$7.00 
Granted3,143,6073.50 
Vested(137,500)7.56 
Forfeited(416,597)7.56 
Balance as of March 31, 20244,416,456$4.44 

(1)    PSU grants of 919,007 were included at the 100% attainment level which were based on several performance goals related to our mission which successfully completed in February 2024.