Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-based Compensation (Tables)

v3.25.1
Stock-based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to Restricted Stock Awards and Units
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2022 1,375,145 $ 14.23 
Granted 829,335 4.42 
Vested (323,654) (12.15)
Forfeited (114,409) (14.23)
Nonvested at December 31, 2023 1,766,417 $ 10.01 
Granted 590,002 2.40 
Vested (1,535,536) (9.33)
Forfeited (274,230) (7.97)
Nonvested at December 31, 2024 546,653 $ 4.72 
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2022 392,564 $ 6.58 
Granted 2,004,147  4.67
Vested (31,321) (7.04)
Forfeited (174,093) (5.10)
Nonvested at December 31, 2023 2,191,297 $ 4.94 
Granted 2,049,983  2.02 
Vested (935,943) (4.95)
Forfeited (286,963) (4.25)
Nonvested at December 31, 2024 $ 3,018,374  $ 3.02 
Summary of Stock Option Activity Under the Plans
A summary of stock option activity under the 2017 and 2019 Plans are as follows:
Stock Options Options
Outstanding		 Weighted
Average
Exercise Price		 Weighted
Average
Remaining
Contractual
Term in
Years		 Aggregate
intrinsic value
(in thousands)
Balance at December 31, 2022 147,707 $ 11.87  9.32 $ — 
Granted —  —  —  — 
Exercised — —  — — 
Balance at December 31, 2023 147,707 $ 11.87  9.32 — 
Granted — —  —  — 
Exercised — —  —  — 
Balance at December 31, 2024 147,707 11.87  9.32 — 
Options exercisable at December 31, 2024 147,707 $ 11.87  9.32 $ — 
Schedule of Stock Based Compensation
Stock based compensation related to the Company’s 2019 Plan is reported within the consolidated statement of operations as follows (amount in thousands):
Year Ended December 31,
2024 2023
Commission and service costs $ 3,739  $ 4,733 
General and administrative 4,918  7,857 
Marketing 182  404 
Total stock-based compensation $ 8,839  $ 12,994