Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Warrants (Tables)

v3.24.3
Stock-Based Compensation and Warrants (Tables)
9 Months Ended
Sep. 30, 2024
Stock-Based Compensation and Warrants  
Schedule of stock option activity

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Weighted

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Weighted

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average

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Intrinsic

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average exercise

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remaining

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value

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Shares

    

price

    

contractual life

    

(thousands)

Outstanding and Exercisable at December 31, 2023

 

673,942

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$

2.35

 

3.24 years

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$

2,540

Granted

 

260,420

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​

5.73

 

  

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Exercised

 

(50,000)

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4.85

 

  

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Cancelled, expired or forfeited

 

(50,098)

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4.76

 

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Outstanding at September 30, 2024

 

834,264

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$

3.14

 

4.98 years

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$

1,260

Schedule of RSUs and changes

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Weighted average

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Shares

    

grant date fair value

Non-vested RSUs at December 31, 2023

 

1,020,556

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$

8.08

Granted

 

468,356

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4.88

Vested

 

(439,336)

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8.08

Cancelled, expired or forfeited

 

(39,387)

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7.34

Non-vested RSUs at September 30, 2024

 

1,010,189

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$

6.62

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Schedule of PSUs and changes

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Weighted average

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Shares

    

grant date fair value

Non-vested PSUs at December 31, 2023

 

375,000

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$

5.89

Granted

 

98,166

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4.65

Vested

 

—

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—

Cancelled, expired or forfeited

 

—

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—

Non-vested PSUs at September 30, 2024

 

473,166

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$

5.63

Schedule of warrants to purchase shares of common stock outstanding

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Warrants

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Exercise

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Shares available for purchase as of September 30,

Issuance date

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Holder of warrants

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Expiration date

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Issued

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Price

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2024

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2023

May 1, 2024

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HPC III Kaizen LP

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May 1, 2029

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1,000,000

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$

10.00

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1,000,000

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—

May 1, 2024

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HPS and affiliates

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May 1, 2029

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66,667

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$

10.00

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66,667

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—

May 1, 2024

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HPC III Kaizen LP

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May 1, 2034

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1,786,582

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$

0.01

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1,786,582

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—

May 1, 2024

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HPS and affiliates

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May 1, 2034

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119,105

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$

0.01

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119,105

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