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Shared-Based Compensation
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Shared-Based Compensation Share-Based Compensation
The following table lists the components of share-based compensation expense by type of award, which is recognized in the “Selling, general, and administrative expense” line in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). 
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Restricted stock$464 $507 $1,484 $1,626 
Performance share units273 304 893 721 
Share-based compensation expense$737 $811 $2,377 $2,347 
Restricted Stock
The following table presents the status of unvested restricted stock awards as of September 30, 2025, and activity during the nine months then ended.
Nonvested
Restricted
Shares
Weighted Average Grant-Date
Fair Value
Unvested at January 1, 20252,326 $2.18 
Granted682 2.54 
Vested(772)2.65 
Forfeited(209)2.58 
Unvested at September 30, 20252,027 $2.08 
During the nine months ended September 30, 2025, we granted 682,000 shares of restricted stock to non-executive directors, officers and certain other employees. The shares of these restricted stock awards vest pro-rata generally over three years for employees and over one year for non-executive directors. Total grant date fair value of restricted stock that vested in the nine months ended September 30, 2025, was $2.0 million.
Performance Share Units
Performance Share Units (“PSUs”) are a form of long-term incentive compensation awarded to executive officers and certain other key employees designed to directly align the interests of employees to the interests of our stockholders, and to create long-term stockholder value. The following table presents the status of unvested PSUs as of September 30, 2025, and activity during the nine months then ended.
 Nonvested PSU AwardsWeighted Average Grant-Date
Fair Value
Nonvested at January 1, 20253,671 $1.45 
Granted266 2.22 
Vested(12)2.53 
Forfeited(60)3.25 
Nonvested at September 30, 20253,865 $1.48 
During the nine months ended September 30, 2025, we granted 266,000 PSUs to certain executive officers, which vest, if at all, upon our achieving a specified relative total shareholder return, which will be measured against the total shareholder return of a specified index during the three-year performance period that ends December 31, 2027.
We estimated the grant date fair value of the PSU awards using the Monte Carlo simulation model, as the total shareholder return metric and changes in stock price are considered market conditions under ASC Topic 718, Compensation – stock compensation.