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Stock-Based Compensation and Other Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of stock options | Stock option activity for the years ended December 31, 2020 and 2019, are as follows
| Shares |  | Weighted-Average Exercise Price | Weighted-Average Fair Value |  |  |  |  |  |  |  |
Outstanding as of January 1, 2019 | — |  |  | $ | — |  | $ | — |  |  |  |  |  |  |  |  |
Granted | 3,000,000 |  |  | 1.93 |  | 1.25 |  |  |  |  |  |  |  |  |
Exercised | — |  |  | — |  | — |  |  |  |  |  |  |  |  |
Forfeited | — |  |  | — |  | — |  |  |  |  |  |  |  |  |
Outstanding as of January 1, 2020 | 3,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Granted | 1,327,795 |  |  | 1.12 |  | 0.62 |  |  |  |  |  |  |  |  |
Exercised | (111,298) |  |  | 0.92 |  | 0.51 |  |  |  |  |  |  |  |  |
Forfeited | (556,497) |  |  | 0.92 |  | 0.51 |  |  |  |  |  |  |  |  |
Outstanding as of |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2020 | 3,660,000 |  |  |  |  |  |  |  |  |  |  |  |
Vested or expected to vest at |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2020 | 1,111,298 |  |  |  |  |  |  |  |  |  |  |  |
Schedule of valuation assumptions | The following table sets forth significant assumptions used in the Monte Carlo model for market-based options to determine the fair value of the option s at the date of grant:
| Year Ended December 31, 2020 |  | Year Ended December 31, 2019 |  |  |  |
| Market-Based Options |  | Market-Based Options |  |  |  |
Risk-free interest rate | 0.12 | % |  | 1.84 | % |  |  |  |
Expected volatility of common stock | 103.50 | % |  | 71.57 | % |  |  |  |
Expected life of options in years | 2 |  | 7 |  |  |  |
Vesting period in years | 2 |  | 7 |  |  |  |
The following table sets forth significant assumptions used in the Black Scholes model for time-vested options to determine the fair value of the option s at the date of grant:
|  | Year Ended December 31, 2019
|  |  | Time-Vested Options
Initial stock price |  |  | $ | 1.93
Strike price |  |  | 1.93
Term (in years) |  |  | 6.5
Risk-free rate |  |  | 1.8 | %
Volatility rate |  |  | 73.6 | %
Schedule of restricted stock activity | Restricted stock share activity for the years ended December 31, 2020 and 2019, are as follows:
Restricted Stock Shares |  | Shares |  | Weighted- Average Fair Value at Date of Grant
Non-vested at January 1, 2019 |  | 1,050,372 |  |  | $ | 3.47 |
Granted to employees |  | 1,494,022 |  |  | 2.62 |
Vested |  | (615,941) |  |  | 3.72 |
Forfeited |  | (299,433) |  |  | 3.16 |
Non-vested at January 1, 2020 |  | 1,629,020 |  |  | 2.66 |
Granted to employees |  | 3,114,978 |  |  | 0.83 |
Vested |  | (711,988) |  |  | 2.94 |
Forfeited |  | (1,236,910) |  |  | 1.65 |
Non-vested at December 31, 2020 |  | 2,795,100 |  |  | $ | 1.00 |
Schedule of restricted stock unit activity | Restricted stock units activity for the years ended December 31, 2020 and 2019, are as follows:
Restricted Stock Units (1) |  | Units |  | Weighted- Average Fair Value at Date of Grant
RSUs at January 1, 2019 |  | 301,766 |  |  | $ | 3.94 |
2018 forfeited |  | (272,046) |  |  | 6.39 |
2019 granted |  | 1,071,530 |  |  | 3.75 |
2019 forfeited |  | (62,776) |  |  | 1.66 |
RSUs at January 1, 2020 |  | 1,038,474 |  |  | 3.24 |
2020 granted |  | 922,786 |  |  | 1.19 |
2020 forfeited |  | (733,711) |  |  | 3.79 |
RSUs at December 31, 2020 |  | 1,227,549 |  |  | $ | 1.25 |
(1) Restricted stock units and performance stock units are disclosed in the preceding table.

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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