v3.24.1.u1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Outstanding Stock Options
A summary of the status of the Company’s outstanding stock options as of March 31, 2024 and changes during the three months ending on that date is as follows:
Shares
(000’s)
Weighted Average Exercise
Price
Aggregate
Intrinsic
Value
(000’s)(1)
Weighted
Average
Remaining
Term (Yrs)
At December 31, 20234,918$3.81$249,5414.45
Exercised(767)1.2648,750
Forfeiture and cancelled——
At March 31, 20244,151$4.28$326,4444.80
Exercisable at March 31, 20244,151$4.28$326,4444.80
(1) The intrinsic value represents the amount by which the fair value of the Company's common stock exceeds the option exercise price as of March 31, 2024.
Schedule of Nonvested Share Activity
A summary of the Company’s restricted stock unit activity for the three months ended March 31, 2024 and 2023 is presented in the following table:
Three Months Ended
March 31, 2024March 31, 2023
Shares (000's) Weighted
Average
Grant Date
Fair Value
Shares (000's)(1)
Weighted
Average
Grant Date
Fair Value
Unvested at beginning of period1,218$26.13 1,617$20.24 
Granted21078.5137234.39
Vested(510)22.89(471)19.15
Forfeited and cancelled(12)23.23(93)21.21
Unvested at end of period906$40.30 1,425$24.22 
(1) Retrospectively adjusted for the Forward Stock Split.
Schedule of Stock-based Awards Issued to Non-employee Consultants
A summary of the Company’s PSU activity for the three months ended March 31, 2024 and 2023 is presented in the following table:
Three Months Ended
March 31, 2024March 31, 2023
Shares (000's)Weighted
Average
Grant Date
Fair Value
Shares (000's)(1)
Weighted
Average
Grant Date
Fair Value
Unvested at beginning of period123$29.43 228$30.49 
Granted6577.31 —— 
Vested—— —— 
Forfeited and cancelled—— —— 
Unvested at end of period188$45.60 228$30.49 
(1) Retrospectively adjusted for the Forward Stock Split.