Annual report pursuant to Section 13 and 15(d)

Share-based Compensation (Tables)

v3.24.1
Share-based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to Restricted Stock Awards and Units
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2021 717,097 $ 11.02 
Granted 1,097,045 8.72 
Vested (302,869) (13.12)
Forfeited (136,128) (15.88)
Nonvested at December 31, 2022 1,375,145 $ 14.23 
Granted 829,335 4.42 
Vested (323,654) (12.15)
Forfeited (114,409) (14.23)
Nonvested at December 31, 2023 1,766,417 $ 10.01 
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2021 — $ — 
Granted 392,564 6.58 
Vested — — 
Forfeited — — 
Nonvested at December 31, 2022 392,564 $ 6.58 
Granted 2,004,147  4.67
Vested (31,321) (7.04)
Forfeited (174,093) (5.10)
Nonvested at December 31, 2023 2,191,297 $ 4.94 
Summary of Stock Option Activity Under the Plans
A summary of stock option activity under the 2017 and 2019 Plans are as follows:
Stock Options Options
Outstanding		 Weighted
Average
Exercise Price		 Weighted
Average
Remaining
Contractual
Term in
Years		 Aggregate
intrinsic value
(in thousands)
Balance at December 31, 2021 43,996 $ 20.46  8.5 $ 510 
Granted 103,711 8.22  9.67 — 
Exercised —  —  — — 
Balance at December 31, 2022 147,707 $ 11.87  9.32 $ — 
Granted —  —  —  — 
Exercised — —  — — 
Balance at December 31, 2023 147,707 $ 11.87  9.32 — 
Options exercisable at December 31, 2023 147,707 $ 11.87  9.32 $ — 
Schedule of Stock Based Compensation
Stock based compensation related to the Company’s 2019 Plan is reported within the consolidated statement of operations as follows (amount in thousands):
Year Ended December 31,
2023 2022
Commission and other agent-related cost $ 3,934  $ 2,920 
Operations and support 614  609 
Technology and development 185  79 
General and administrative 7,857  5,334 
Marketing 404  189 
Total stock-based compensation $ 12,994  $ 9,131