Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation

v3.26.1
Stock-Based Compensation
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based CompensationOur 2022 Omnibus Incentive Plan provides for the grant of options, stock appreciation rights, restricted stock units (“RSU”s), restricted stock and other stock-based awards, any of which may be performance-based, and for incentive bonuses, which may be paid in cash, Common Stock, or a combination thereof. During the three months ended June 30, 2026, 69,708 RSUs were granted with a weighted-average grant-date fair value of $2.41. As of June 30, 2026, 71,243 RSUs remained outstanding. Total stock-based compensation expense including options and RSUs for the three and six months ended June 30, 2026, net of forfeiture adjustments, totaled $315,861 and $541,413, respectively. Stock based compensation expense including options and RSUs for the three and six months ended June 30, 2025, net of forfeiture adjustments, totaled $257,334 and $570,015, respectively.