The following table summarizes restricted stock activity for the six months ended June 30, 2025, and the year ended December 31, 2024: | | | | | | | | | | | | | | | | | Six months ended | | Year ended | | | June 30, 2025 | | December 31, 2024 | | | Number of | | Weighted | | Weighted | | Number of | | Weighted | | Weighted | | | Restricted | | Average | | Average | | Restricted | | Average | | Average | | | Shares | | Remaining Life | | Grant Date | | Shares | | Remaining Life | | Grant Date | | | Outstanding | | (years) | | Fair Value | | Outstanding | | (years) | | Fair Value | Balance non-vested Restricted Stock at beginning of period | | 560,970 | | 1.61 | | $ | 5.77 | | 491,536 | | 1.74 | | $ | 5.59 | Granted | | — | | — | | | - | | 300,052 | | 1.92 | | | 5.97 | Vested | | (8,639) | | — | | | 6.15 | | (230,618) | | — | | | 5.65 | Balance non-vested Restricted Stock at end of period | | 552,331 | | 1.11 | | $ | 5.77 | | 560,970 | | 1.61 | | $ | 5.77 |
|