v3.24.2.u1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2024 and changes during the six months ending on that date is as follows:
Shares
Weighted Average Exercise
Price
Aggregate
Intrinsic
Value(1)
Weighted
Average
Remaining
Term (Yrs)
At December 31, 20234,918$3.81 $249,541 4.45
Exercised(927)1.23 61,285 — 
Forfeiture and cancelled— — — — 
At June 30, 20243,991$4.40 $210,269 4.61
Exercisable at June 30, 20243,991$4.40 $210,269 4.61
(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 June 30, 2024.
Schedule of Nonvested Share Activity
A summary of the Company’s restricted stock unit activity for the six months ended June 30, 2024 and 2023 is presented in the following table:
Six Months Ended
June 30, 2024June 30, 2023
Shares
Weighted
Average
Grant Date
Fair Value
Shares(1)
Weighted
Average
Grant Date
Fair Value(1)
Unvested at beginning of period1,218$26.13 1,617$20.24 
Granted24378.8740834.40
Vested(624)22.42(588)19.10
Forfeited and cancelled(50)33.10(126)22.57
Unvested at end of period787$44.93 1,311$24.93 
(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 six months ended June 30, 2024 and 2023 is presented in the following table:
Six Months Ended
June 30, 2024June 30, 2023
SharesWeighted
Average
Grant Date
Fair Value
Shares (1)
Weighted
Average
Grant Date
Fair Value (1)
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.