Quarterly report pursuant to Section 13 or 15(d)

SHARE BASED COMPENSATION (Tables)

v3.24.2.u1
SHARE BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2024
SHARE BASED COMPENSATION  
Schedule of Share-based Compensation Expense

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Cost of goods sold

 

$ -

 

 

$ -

 

 

$ -

 

 

$ -

 

General and administrative expense

 

 

10

 

 

 

41

 

 

 

36

 

 

 

101

 

Total share-based compensation

 

$ 10

 

 

$ 41

 

 

$ 36

 

 

$ 101

 

Schedule of Stock Option Activity

 

 

Stock

 

 

Weighted-Average

Exercise

 

 

Weighted

Average Remaining

Contractual 

 

 

Aggregate

Intrinsic

 

(in thousands except per share amounts)

 

Options

 

 

 Price

 

 

Life

 

 

 Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding-December 31, 2023

 

 

1,453

 

 

$ 1.9

 

 

 

5.3

 

 

$ -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

250

 

 

 

0.16

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

Cancelled

 

 

(405 )

 

 

1.73

 

 

 

-

 

 

 

-

 

Outstanding-June 30, 2024

 

 

1,298

 

 

$ 1.62

 

 

 

1.97

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable-June 30, 2024

 

 

1,081

 

 

$ 2.77

 

 

 

4.47

 

 

$ -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest-June 30, 2024

 

 

1,298

 

 

$ 1.62

 

 

 

1.97

 

 

$ -

 

Schedule of Weighted Average Assumptions

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

Expected volatility

 

 

50 %

 

 

50 %

Dividend yield

 

 

0 %

 

 

0 %

Risk-free interest rate

 

 

4.15 %

 

 

1.1 %

Expected term in years

 

 

4.25 %

 

 

4.50 %