Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.24.1.u1
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation
A summary of the status and changes of the unvested shares of restricted stock under the 2016 Plan is presented below.
Number of Unvested Restricted Shares Weighted Average Grant-Date Fair Value
Unvested shares as of January 1, 2023 728,310  $ 1.32 
Granted 369,050  5.17 
Vested (794,977) 1.69 
Forfeited —  — 
Unvested shares as of December 31, 2023 302,383  5.06 
Granted —  — 
Vested (66,667) 5.63 
Forfeited —  — 
Unvested shares as of March 31, 2024 235,716  $ 4.91