XML 27 R21.htm IDEA: XBRL DOCUMENT v3.25.1
Stock-Based Compensation
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Stock-Based Compensation

Note 13 – Stock-Based Compensation

 

Total stock-based compensation was $1,940 and $760 for the three months ended March 31, 2025 and 2024, respectively. As of March 31, 2025, there was $1,911 of unearned compensation expense related to restricted stock awards, which will be recognized over the remaining weighted average requisite service period of 27 months. As of March 31, 2025, there was $1,953 of unearned compensation expense related to time-vested stock options, which will be recognized over the remaining requisite service period of 26 months.

 

In June 2023, the Company issued 300,000 inducement stock options (the “Inducement Options”) outside of The FreightCar America, Inc. 2022 Long Term Incentive Plan to one individual. As of March 31, 2025, there was $98 of unrecognized compensation expense related to the Inducement Options, which will be recognized over the remaining requisite service period of 15 months.