Fathom Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation

Stock-based Compensation

6 Months Ended

Jun. 30, 2022

Stock-based Compensation

Stock-based Compensation

Note 13. Stock-based Compensation

Stock based compensation related to the Company’s stock plans was as follows (amounts in thousands):


	Three months ended				Six months ended
	June 30,				June 30,
	2022		2021		2022		2021
Commission and other agent-related cost	$	795	$	498	$	1,627	$	884
Operations and support		369		118		440		167
Technology and development		76		284		78		573
General and administrative		621		265		2,078		392
Marketing		80		28		125		47
Total stock-based compensation	$	1,941	$	1,193	$	4,348	$	2,063

During the three and six months ended June 30, 2022, the Company capitalized $0.07 million and $0.13 million, respectively, of stock-based compensation expense associated with the cost of developing software for internal use.

At June 30, 2022, total unrecognized compensation cost related to non-vested restricted stock awards was $12.7 million, which is expected to be recognized over a period of approximately 1.62 years. There was no unrecognized compensation cost related to stock options, as all outstanding stock options were vested at June 30, 2022.

During the six months ended June 30, 2022, the Company granted 591,976 restricted stock awards at a weighted-average grant-date fair value of $9.97. There were no grants of stock options during the six months ended June 30, 2022.