Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation

v3.24.3
Stock-Based Compensation
 9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Our 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 September 30, 2024, 201,586 RSUs were granted with a weighted-average grant-date fair value of $4.64. As of September 30, 2024, 333,175 equity units remained outstanding.
Total stock-based compensation expense including options, PRSUs, and RSUs for the three and nine months ended September 30, 2024 and 2023, net of forfeiture adjustments, totaled $532,539 and $1,872,504, and $917,993 and $3,995,020, respectively.