Annual report pursuant to Section 13 and 15(d)

SHARE BASED PAYMENTS (Tables)

v3.22.0.1
SHARE BASED PAYMENTS (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table presents share-based payment expense for the years ended December 31, 2021, 2020, and 2019.
December 31,
2021 2020 2019
Restricted stock $ 4,349  $ 5,164  $ 1,420 
Stock options 781  2,251  1,071 
Warrants 1,455  441  — 
Total $ 6,585  $ 7,856  $ 2,491 
Schedule of Nonvested Restricted Stock Units Activity
Restricted stock activity for the years ended December 31, 2021 and 2020 is presented in the following table:
Shares Weighted Average Grant Date Fair Value
Nonvested, January 1, 2020 204  $ 3.82 
Granted 1,293  4.90 
Vested (800) 5.16 
Forfeited (67) 4.15 
Nonvested, December 31, 2020 630  $ 4.51 
Granted 265  36.98 
Vested (360) 8.47 
Forfeited (51) 18.54 
Nonvested, December 31, 2021 484  $ 20.19 
Share-based Compensation Arrangements by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest
Awards issued under the 2014 and 2018 Plan as of December 31, 2021 are summarized below:
2021
Total shares available for issuance pursuant to the 2014 Plan 2,500 
Options outstanding, December 31 2021 (20)
Total options exercised under 2014 Plan (2,089)
Total shares issued pursuant to the 2014 Plan (375)
Awards available for issuance under the 2014 Plan, December 31, 2021 16
 
2021
Total shares available for issuance pursuant to the 2018 Plan, as amended 5,000 
Options outstanding, December 31 2021 (886)
Total options exercised under 2018 Plan (964)
Total shares issued pursuant to the 2018 Plan (1,452)
Awards available for issuance under the 2018 Plan, December 31, 2021 1,698 
Schedule of options outstanding pursuant
2021 2020 2019
Expected volatility N/A
77.75-80.7%
87.8-92.70%
Expected dividends N/A None None
Expected term N/A
2-5 years
2-5 years
Risk-free rate N/A
1.64-1.75%
1.64  %
Options outstanding pursuant to 2014 Plan 20 
Options outstanding pursuant to 2018 Plan 886 
Options issued outside of 2014 and 2018 Plans — 
Total options outstanding December 31, 2021 906 
Share-based Payment Arrangement, Option, Activity
The table below summarizes all the options granted by the Company during years ended December 31, 2021 and 2020: 
Options Shares Weighted-
Average Exercise
Price
Weighted- Average Remaining
Contractual Term
Weighted-
Average Grant Date Fair Value
Outstanding at January 1, 2020 1,925  $ 2.71  3.60 years $ 1.71 
Granted 892  $ 4.75  $ 2.67 
Exercised (984) $ 2.59  $ 1.35 
Forfeited or expired (30) $ 2.75  $ 1.63 
Outstanding at December 31, 2020 1,803  $ 3.92  3.47 years $ 2.38 
Vested and exercisable at December 31, 2020 1,058  $ 3.55  3.13 years $ 2.00 
Outstanding at January 1, 2021 1,803  $ 3.92  3.47 years $ 2.38 
Granted $ 0.00  $ 0.00 
Exercised (822) $ 3.20  $ 1.71 
Forfeited or expired (75) $ 7.60  $ 4.53 
Outstanding at December 31, 2021 906  $ 4.38  2.85 years $ 2.45 
Vested and exercisable at December 31, 2021 836  $ 4.36  2.81 years $ 2.45