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Restricted Stock Units
3 Months Ended
Mar. 31, 2025
Restricted Stock Units.  
Restricted Stock Units

Note 5 – Restricted Stock Units

The $7,000 of stock - based compensation expense recorded in the three months ended March 31, 2025 is for restricted stock units. In May 2024, the Compensation Committee of the Company’s Board of Directors approved the Company’s grant of 31,250 restricted stock units to certain employees under the Interlink Electronics, Inc. 2016 Omnibus Incentive Plan. A summary of the status of the Company’s nonvested restricted stock units as of and for the three – month period ended March 31, 2025, is as follows:

    

    

Weighted-

Average

Grant-Date

Fair Value

Nonvested Restricted Stock Units

Shares

(per share)

Nonvested at January 1, 2025

 

31,250

$

4.35

Granted

 

 

Vested

 

 

Forfeited

 

 

Nonvested at March 31, 2025

 

31,250

$

4.35

As of March 31, 2025, there was approximately $114,000 of total unrecognized compensation cost related to nonvested restricted stock units. That cost is expected to be recognized over a weighted-average period of 3.7 years.