Quarterly report [Sections 13 or 15(d)]

Stock-based Compensation (Tables)

v3.25.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to Restricted Stock Awards and Units
The following is the restricted stock award activity for the three and six months ended June 30, 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 
Granted —  — 
Vested (130,069) 5.00
Forfeited (39,585) 7.97
Nonvested at June 30, 2025 192,907  $ 2.94 
The following is the restricted stock unit award activity for the three and six months ended June 30, 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 
Granted 118,880 0.97
Vested (561,931) 2.32
Forfeited (175,048) 3.79
Nonvested at June 30, 2025 1,915,211 $ 2.46 
Schedule of Stock Based Compensation
Stock-based compensation expense related to all awards issued under the Company’s stock compensation plans for the three and six months ended June 30, 2025 and 2024 was as follows (amounts in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025 2024 2025 2024
Commission and service costs $ 444  $ 866  $ 1,106  $ 1,958 
General and administrative 489  1,584  1,302  3,064 
Marketing 12  49  43  129 
Total stock-based compensation $ 945  $ 2,499  $ 2,451  $ 5,151