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SHAREHOLDERS’ EQUITY (Tables)
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
SCHEDULE OF STOCK OPTIONS ACTIVITY

 

    September 30, 2022     December 31, 2021  
      Shares       Price       Shares       Price  
                                 
Stock options outstanding and exercisable     28,122     $ 54.03       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 September 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    5.0    16,500   $10.00 
 10,622    90.00    124.80    106.20    1.6    10,622    106.20 
 1,000    226.20    226.20    226.20    2.0    1,000    226.20 
                                 
 28,122   $7.20   $226.20   $54.03    3.6    28,122   $54.03 
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 nine months ended September 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   (473,500)  $3.95 
Non-vested as of September 30, 2022   687,000   $3.79 
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 nine months ended September 30, 2022 and 2021:

 

    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2022     2021     2022     2021  
      (in thousands)  
                                 
Stock compensation expense   $ 485     $ 115     $ 2,594     $ 310