Quarterly report [Sections 13 or 15(d)]

Stock-based Compensation (Tables)

v3.25.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to Restricted Stock Awards and Units
Following is the restricted stock award activity for the three months ended March 31, 2025:
Shares Weighted Average Grant Date Fair Value
Nonvested at December 31, 2024 546,653 $ 4.72 
Granted —  — 
Vested (170,800) 4.74 
Forfeited (13,292) 13.44 
Nonvested at March 31, 2025 362,561 $ 4.39 
The following is the restricted stock unit award activity for the three months ended March 31, 2025:
Shares Weighted Average Grant Date Fair Value
Nonvested at December 31, 2024 3,018,374 $ 3.02 
Granted 118,124 1.04 
Vested (530,347) 3.94 
Forfeited (72,841) 3.32 
Nonvested at March 31 2025 2,533,310 $ 2.71 
Schedule of Stock Based Compensation
Stock-based compensation expense related to all awards issued under the Company’s stock compensation plans for the three months ended March 31, 2025 and 2024 was as follows (amounts in thousands):
Three Months Ended
March 31,
2025 2024
Commission and service costs $ 663  $ 1,092 
General and administrative 813  1,480 
Marketing 30  80 
Total stock-based compensation $ 1,506  $ 2,652