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SHAREHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2022

Shareholders’ equity:

SCHEDULE OF STOCK OPTIONS ACTIVITY

 SCHEDULE OF STOCK OPTIONS ACTIVITY

		December 31, 2022								December 31, 2021
		Shares				Price (1)				Shares				Price (1)
Stock options outstanding and exercisable			28,122			$	54.03				31,035			$	62.79

⁽¹⁾ Represents the weighted average price.

SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE

The following table summarizes information for stock options outstanding and for stock options exercisable at December 31, 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:

 SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE

Options Outstanding																		Options Exercisable
		Exercise Price												Remaining								Weighted Average
Number of		Range								Weighted				Contractual				Number of				Exercise
Shares		Low				High				Average				Term (years)				Shares				Price
16,500		$	7.20			$	11.60			$	10.00				4.8				16,500			$	10.00
10,622			90.00				124.80				106.20				1.3				10,622				106.20
1,000			226.20				226.20				226.20				1.7				1,000				226.20
28,122		$	7.20			$	226.20			$	54..03				3.4				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 year ended December 31, 2022:

 SCHEDULE OF NON-VESTED TIME- BASED RESTRICTED STOCK AWARDS

		Shares				Weighted-Avg. Grant Date Fair Value per Share
Non-vested restricted stock at December 31, 2021			174,000			$	4.75
Granted			986,500			$	3.70
Vested			(473,500	)		$	3.95
Non-vested restricted stock at December 31, 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 years ended December 31, 2022 and 2021:

 SCHEDULE OF STOCK COMPENSATION EXPENSE RELATED TO RESTRICTED STOCK GRANTS

		Year Ended December 31,
		2022				2021
		(in thousands)
Stock compensation expense		$	3,017			$	549

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