Quarterly report pursuant to Section 13 or 15(d)

SHARE BASED COMPENSATION (Tables)

v3.24.3
SHARE BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2024
SHARE BASED COMPENSATION  
Schedule of Share-based Compensation Expense

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Cost of goods sold

 

$ -

 

 

$ -

 

 

$ -

 

 

$ -

 

General and administrative expense

 

 

7

 

 

 

92

 

 

 

43

 

 

 

193

 

Total share-based compensation

 

$ 7

 

 

$ 92

 

 

$ 43

 

 

$ 193

 

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

 

 

(499 )

 

 

2.14

 

 

 

-

 

 

 

-

 

Outstanding-September 30, 2024

 

 

1,204

 

 

$ 1.40

 

 

 

3.53

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable-September 30, 2024

 

 

1,108

 

 

$ 1.37

 

 

 

4.20

 

 

$ -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest-September 30, 2024

 

 

1,204

 

 

$ 1.40

 

 

 

3.53

 

 

$ -

 

Schedule of Weighted Average Assumptions

 

 

Nine Months

Ended

 

 

Nine Months

Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

Expected volatility

 

 

50 %

 

 

50 %

Dividend yield

 

 

0 %

 

 

0 %

Risk-free interest rate

 

 

4.15 %

 

 

1.0 %

Expected term in years

 

 

4.25 %

 

 

4.50 %