Quarterly report [Sections 13 or 15(d)]

COMPENSATION PLANS (Tables)

v3.26.1
COMPENSATION PLANS (Tables)
6 Months Ended
Jun. 30, 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 June 30, 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 June 30, 2026  
    Number of shares    

Remaining

contractual

life (years)

   

Weighted-average

exercise price 

 
Outstanding, vested and or expected to vest     235,000       4.31     $ 30.72  
SCHEDULE OF EQUITY BASED COMPENSATION EXPENSE

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

 

    2026     2025     2026     2025  
   

For the three months ended June 30,

   

For the six months ended June 30,

 
(in thousands)   2026     2025     2026     2025  
Stock options - Class A common stock   $     $     $ 462     $  
Restricted stock units - Class A common stock                 130        
Total equity-based compensation expense   $     $     $ 592     $