Quarterly report [Sections 13 or 15(d)]

COMPENSATION PLANS (Tables)

v3.26.1
COMPENSATION PLANS (Tables)
3 Months Ended
Mar. 31, 2026
Compensation Related Costs [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

The following table summarizes the Company’s stock option activity:

 

   

Stock options

outstanding

   

Weighted average

exercise price

 
Outstanding at December 31, 2025     235,000     $ 30.72  
Granted            
Forfeited        

 
Outstanding at March 31, 2026    

235,000

    $

30.72

 
SCHEDULE OF STOCK OPTIONS OUTSTANDING VESTED

Stock options outstanding, vested and expected to vest and exercisable are as follows:

 

    As of March 31, 2026  
    Number of shares    

Remaining

contractual

life (years)

   

Weighted- average

exercise price

 
Outstanding, vested and or expected to vest     235,000       4.56     $ 30.72  
SCHEDULE OF EQUITY BASED COMPENSATION EXPENSE

The Company recognized employee equity-based compensation expense as follows:

 

(in thousands)   2026     2025  
      For the three months ended March 31,  
(in thousands)   2026     2025  
Stock options - Class A common stock   $ 462     $  
Restricted stock units - Class A common stock    

130

       
Total equity-based compensation expense   $ 592     $