| Schedule of Options Outstanding |
The following table summarizes options outstanding, as well as activity
for the periods presented (prior year amounts have been converted using the conversion ratio of 14.2069 applied in the Business Combination):
| |
|
|
|
|
Weighted |
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Average |
|
|
Aggregate |
|
| |
|
|
|
|
Grant Date |
|
|
Exercise |
|
|
Intrinsic |
|
| |
|
Options |
|
|
Fair Value |
|
|
Price |
|
|
Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding as of December 31, 2021 |
|
|
3,947,359 |
|
|
$ |
0.91 |
|
|
$ |
1.74 |
|
|
$ |
2,992,895 |
|
| Granted |
|
|
166,931 |
|
|
$ |
1.31 |
|
|
$ |
2.49 |
|
|
|
|
|
| Cancelled |
|
|
(146,331 |
) |
|
$ |
1.15 |
|
|
$ |
2.25 |
|
|
|
|
|
| Outstanding as of June 30, 2022 |
|
|
3,967,959 |
|
|
$ |
0.87 |
|
|
$ |
1.85 |
|
|
$ |
2,577,625 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding as of December 31, 2022 |
|
|
3,503,601 |
|
|
$ |
1.87 |
|
|
$ |
1.87 |
|
|
$ |
6,554,541 |
|
| Exercised |
|
|
(179,236 |
) |
|
$ |
2.09 |
|
|
$ |
1.91 |
|
|
|
|
|
| Forfeited |
|
|
(42,614 |
) |
|
$ |
1.02 |
|
|
$ |
2.03 |
|
|
|
|
|
| Cancelled |
|
|
(5,408 |
) |
|
$ |
1.94 |
|
|
$ |
1.94 |
|
|
|
|
|
| Outstanding as of June 30, 2023 |
|
|
3,276,343 |
|
|
$ |
1.89 |
|
|
$ |
1.87 |
|
|
$ |
3,673,399 |
|
|
| Schedule of Restricted and Performance Stock Unit Activity |
The following is a summary of our RSU and PRSU activity for the first
six months of 2023:
| |
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Aggregate |
|
| |
|
|
|
|
Grant Date |
|
|
Intrinsic |
|
| |
|
Shares |
|
|
Fair Value |
|
|
Value |
|
| |
|
|
|
|
|
|
|
|
|
| Outstanding as of December 31, 2022 |
|
|
3,134,677 |
|
|
$ |
4.73 |
|
|
|
|
|
| Awarded |
|
|
246,123 |
|
|
$ |
2.76 |
|
|
|
|
|
| Released |
|
|
(298,531 |
) |
|
$ |
4.26 |
|
|
|
|
|
| Forfeited |
|
|
(72,636 |
) |
|
$ |
4.73 |
|
|
|
|
|
| Outstanding as of June 30, 2023 |
|
|
3,009,633 |
|
|
$ |
4.61 |
|
|
$ |
8,953,659 |
|
|