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STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF STOCK OPTIONS ACTIVITY

The following table summarizes the activity relating to the Company’s market-based stock options that were granted to certain executives for the three-month period ended March 31, 2023:

 

   Options   Weighted-
Average
Exercise Price		   Weighted-
Average
Remaining
Contractual
Terms		   Aggregate
Intrinsic Value		 
                 
Outstanding at beginning of year   5,065   $14.14           
Granted   275    3.00           
Exercised   -    -           
Forfeited or expired   -    -                      
                     
Outstanding at end of period   5,340   $13.56    8.1 years   $- 
                     
Exercisable at end of period   -   $-    -   $- 

 

 

The following table summarizes the activity relating to the Company’s stock options, excluding the market-based stock options that were granted to certain executives, for the three-month period ended March 31, 2023:

 

   Options   Weighted-
Average
Exercise Price		   Weighted-
Average
Remaining
Contractual
Terms		   Aggregate
Intrinsic Value		 
                 
Outstanding at beginning of year   2,727   $5.29           
Granted   130    3.00           
Exercised   -    -           
Forfeited or expired   (393)   6.05                     
                     
Outstanding at end of period   2,464   $5.04    5.7 years   $6 
                     
Exercisable at end of period   1,482   $5.55    4.4 years   $6 
SCHEDULE OF FAIR VALUE STOCK OPTION ASSUMPTIONS

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

 

   2022   2023 
   March 31, 
   2022   2023 
         
Expected volatility   49.4%   54.8%
Expected life of options (in years)   7    6.25 
Risk free interest rate   1.73%   3.81%
Dividend yield   0%   0%
Weighted-average fair value of options granted during year  $2.04   $1.40 
Restricted Stock [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY

SCHEDULE OF NON-VESTED RESTRICTED STOCK ACTIVITY

   Number of Non-
Vested Shares		   Weighted-
Average Grant
Date Fair Value		 
         
Restricted stock, non-vested, beginning of year   706   $4.75 
Granted   75    2.62 
Vested   (149)   5.11 
Forfeited   (59)   7.28 
           
Restricted stock, non-vested, end of period   573   $4.12