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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
STOCK-BASED COMPENSATION  
Schedule of stock-based compensation expense

Year ended December 31, 

(in thousands)

    

2021

    

2020

Stock Options

$

634

$

300

RSUs

 

6,509

 

3,789

Unrestricted Shares of Common Stock

 

473

 

49

Total

$

7,616

$

4,138

Schedule of share-based compensation, stock options, activity

    

    

    

Weighted

    

    

Intrinsic

Weighted

Average

Value

Number of

Average

Remaining

of

Options

Exercise Price

Term

Exercisable

Options

Outstanding at December 31, 2019

 

965,043

$

3.70

 

3.01

 

759,631

$

1,666,000

Granted

220,267

 

12.31

 

5.00

 

 

Exercised

 

(433,180)

 

2.07

 

 

 

Forfeited/Expired

 

(235,219)

 

7.00

 

 

 

Outstanding at December 31, 2020

 

516,911

$

7.24

 

2.70

 

294,894

$

9,610,000

Granted

 

39,186

 

24.78

 

4.93

 

 

Exercised

 

(268,836)

 

3.73

 

 

 

Forfeited/Expired

 

(95,921)

 

12.88

 

 

 

Outstanding at December 31, 2021

 

191,340

$

12.94

 

3.96

 

83,070

$

71,000

Exercisable as of December 31, 2021

83,070

$

9.78

3.90

$

44,000

Schedule of weighted average assumptions for estimating the stock-based compensation

    

2021

    

2020

 

Expected life

 

3.25 years

 

3.16 years

Risk-free interest rate

 

0.34

%  

0.19

%

Weighted average volatility factor

 

100.60

%  

107.28

%

Dividend yield

 

 

Schedule of non-vested restricted stock shares activity

Weighted

Average

Number of

Grant Date

RSUs

Fair Value

Vested

Unvested

Restricted stock units outstanding as of December 31, 2020

 

958,378

$

11.57

285,108

673,270

Granted

 

648,226

19.44

Settled

 

(283,568)

15.24

Forfeited/Canceled

 

(289,796)

19.92

Restricted stock units outstanding at December 31, 2021

 

1,033,240

$

13.10

340,539

692,701

Schedule of other share-based compensation, activity

The following table summarizes the warrant activity for the years ended December 31, 2021 and 2020:

    

    

    

Weighted

    

Intrinsic

Weighted

Average

Value

Number of

Average

Remaining

of

Warrants

Exercise Price

Term

Warrants

Outstanding at December 31, 2019

 

424,708

$

5.31

 

0.82

$

189,000

Exercised

 

(321,467)

 

4.77

 

 

Forfeited/Expired

 

(22,188)

 

9.59

 

 

Outstanding at December 31, 2020

 

81,053

6.25

 

0.94

1,587,000

Exercised

 

(38,880)

 

6.25

 

 

Forfeited/Expired

 

(12,000)

 

6.25

 

 

Outstanding at December 31, 2021

 

30,173

$

6.25

 

0.71

$

23,000