XML 37 R28.htm IDEA: XBRL DOCUMENT v3.22.2
SHAREHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
SCHEDULE OF STOCK OPTIONS ACTIVITY

 

   June 30, 2022   December 31, 2021 
    Shares    Price    Shares    Price 
                     
Stock options outstanding and exercisable   30,285   $60.11    31,035   $62.79 
SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE

The following table summarizes information for stock options outstanding and for stock options exercisable at June 30, 2022. All shares and prices per share have been adjusted for a one share-for-ten shares reverse stock split that took effect on January 6, 2020:

 

Options Outstanding   Options Exercisable 
    Exercise   Weighted   Remaining       Weighted 
Number of   Price
Range
   Average
Exercise
   Contractual
Term
   Number of   Average
Exercise
 
Shares   Low   High   Price   (years)   Shares   Price 
                          
 16,500   $7.20   $11.60   $10.00    5.3    16,500   $10.00 
 10,622    90.00    124.80    106.20    1.8    10,622    106.20 
 2,163    139.20    139.20    139.20    0.1    2,163    139.20 
 1,000    226.20    226.20    226.20    2.2    1,000    232.48 
                                 
 30,285   $7.20   $226.20   $60.11    3.6    30,285   $60.11 
SCHEDULE OF NON-VESTED TIME-BASED RESTRICTED STOCK AWARDS

The following table presents the changes in non-vested time-based restricted stock awards to all employees and directors for the six months ended June 30, 2022:

 

   Shares   Weighted-Avg.
Grant Date
Fair Value
per Share
 
     
Non-vested restricted stock as of December 31, 2021   174,000   $4.75 
Granted   986,500   $3.70 
Vested   (373,500)  $4.02 
Non-vested as of June 30, 2022   787,000   $     3.78 
SCHEDULE OF STOCK COMPENSATION EXPENSE RELATED TO RESTRICTED STOCK GRANTS

The following table presents the stock compensation expense related to restricted stock grants for the three and six months ended June 30, 2022 and 2021:

 

   Three Months Ended
June 30,
   Six Months Ended
June 30,
 
   2022   2021   2022   2021 
    (in thousands)                  
                     
Stock compensation expense   $609   $116   $2,109   $195