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Shareholders' Equity and Share Based Compensation
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Shareholders' Equity and Share Based Compensation

11. SHAREHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION

Share-based compensation expense for the three months ended March 31, 2024 was $405, and $1,732 for the three months ended March 31, 2023, respectively.

Stock option activity for the three months ended March 31, 2024 was as follows:

 

 

Number of
Options

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term (years)

 

 

Aggregate
Intrinsic
Value

 

Outstanding at January 1, 2023

 

 

6,946,576

 

 

$

3.50

 

 

 

7.54

 

 

$

83

 

Granted

 

50,000

 

 

$

0.83

 

 

 

9.80

 

 

$

3

 

Forfeited/expired

 

 

(424,167

)

 

$

3.43

 

 

 

 

 

 

 

Outstanding at March 31, 2024

 

 

6,572,409

 

 

$

3.49

 

 

 

7.64

 

 

$

1,061

 

Exercisable at March 31, 2024

 

3,392,739

 

 

$

5.44

 

 

 

6.32

 

 

$

141