v3.26.1
COMPENSATION PLANS (Tables)
3 Months Ended
Mar. 31, 2026
Compensation Related Costs [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

The following table summarizes the Company’s stock option activity:

 

  

Stock options

outstanding

  

Weighted average

exercise price

 
Outstanding at December 31, 2025   235,000   $30.72 
Granted   —    — 
Forfeited   —   

—

 
Outstanding at March 31, 2026   

235,000

   $

30.72

 
SCHEDULE OF STOCK OPTIONS OUTSTANDING VESTED

Stock options outstanding, vested and expected to vest and exercisable are as follows:

 

   As of March 31, 2026 
   Number of shares  

Remaining

contractual

life (years)

  

Weighted- average

exercise price

 
Outstanding, vested and or expected to vest   235,000    4.56   $30.72 
SCHEDULE OF EQUITY BASED COMPENSATION EXPENSE

The Company recognized employee equity-based compensation expense as follows:

 

(in thousands)  2026   2025 
    For the three months ended March 31, 
(in thousands)  2026   2025 
Stock options - Class A common stock  $462   $— 
Restricted stock units - Class A common stock   

130

    — 
Total equity-based compensation expense  $592   $—