Annual report [Section 13 and 15(d), not S-K Item 405]

SHARE-BASED COMPENSATION (Tables)

v3.25.0.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Summary of activity related to RSUs

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Weighted

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Average

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​

​

​

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Grant Date

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Restricted

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Fair Value

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​

Stock Units

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per Unit

Nonvested, beginning of period

​

2,408,196

​

$

4.52

Granted

 

2,426,489

​

​

2.21

Vested

 

(1,088,208)

​

​

4.53

Forfeited

 

(239,429)

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​

4.15

Nonvested, end of period

 

3,507,048

​

$

2.93

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​

​

​

​

​

Summary of the assumptions used to calculate the grant date fair value of the PSUs granted

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Year Ended December 31, 

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2024

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2023

​

2022

Expected term for performance period (in years)

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2.4

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​

2.6

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​

2.6

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Expected volatility

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65.0

%

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76.1

%

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84.4

%

Risk-free interest rate

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3.9

%

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4.2

%

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2.5

%

Summary of activity related to PSUs

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Weighted

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​

    

Average

​

​

​

​

​

Grant Date

​

​

Performance

​

Fair Value

​

​

Share Units

​

per Unit

Nonvested, beginning of period

​

2,398,719

​

$

7.38

Granted

 

1,405,587

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​

2.47

Vested

 

—

​

​

—

Forfeited

 

(1,340,909)

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​

9.40

Nonvested, end of period

 

2,463,397

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$

3.48

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​

​

​

​

​

Schedule of share based compensation expense

The following table presents the compensation expenses included in General and administrative expenses in the Consolidated Statements of Operations (in thousands):

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Year Ended December 31, 

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2024

    

2023

    

2022

Restricted stock units

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$

4,433

​

$

4,477

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$

4,192

Performance share units

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​

5,759

​

​

5,836

​

​

3,504

Restricted shares

​

 

—

​

 

70

​

 

226

Total

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$

10,192

​

$

10,383

​

$

7,922

​