Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Stock Option Activity
The following summarizes activity related to the Company's stock options (in thousands, except per share data):
Number of Shares Weighted Average
Exercise Price		 Weighted Average
Remaining Contract
Term (in years)		 Aggregate Intrinsic Value
Outstanding - December 31, 2021 30,163 $ 0.49  5.5 $ — 
Granted — —  —  — 
Exercised — —  —  — 
Forfeited (7,872) 0.47  —  — 
Outstanding - March 31, 2022 22,291 0.49  4.6 8 
Exercisable - March 31, 2022 19,120 0.50  3.9 8 
Vested or expected to vest - March 31, 2022 22,291 $ 0.49  4.6 $ 8 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table presents the weighted average grant date fair value of stock options granted and the weighted-average assumptions used to estimate the fair value on the date of grant using the Black-Scholes valuation model:
Three months ended March 31,
2022 2021
Volatility * 134.1%
Risk-Free Interest Rate * 1.0%
Expected Term (in years) * 5.61
Dividend Rate * —%
Fair Value Per Share on Grant Date * $0.53
* there were no grants during the three months ended March 31, 2022.