Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Stock-Based Compensation [Abstract]  
Schedule of Stock-Based Compensation Expense

Stock-based compensation expense included the following components:

 

    March 31,
2025
    March 31,
2024
 
Stock options   $      8     $
 
Restricted stock     1       150  
    $ 9     $ 150  
Schedule of Option Activity

A summary of option activity under the 2021 Plan as of and for the three months ended March 31, 2025 is presented below:

 

Options   Shares     Weighted Average Exercise Price     Aggregate Intrinsic Value  
Outstanding at December 31, 2024     1,376,333     $ 4.03     $  
Granted     15,000       1.48        
Forfeited or expired and other adjustments     (3,334)       3.75        
Outstanding at March 31, 2025     1,387,999     $ 4.00     $  
Vested and exercisable at March 31, 2025     1,223,667     $ 4.04     $  
Schedule of Restricted Stock Activity

A summary of restricted stock activity under the 2021 Plan as of and for the three months ended March 31, 2025 is presented below:

 

Restricted Stock   Time-Based  
Outstanding at December 31, 2024     4,000  
Granted    
 
Vested     (4,000 )
Forfeited    
 
Outstanding at March 31, 2025