STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Share-Based Payment Arrangement, Restricted Stock Unit, Activity

The following table shows a summary of the unvested restricted stock under the 2023 Long-Term Equity Compensation Incentive Plan as of September 30, 2025 as well as activity during the year:


	Number of shares	Weighted Average Grant Date Fair Value
Restricted stock units, unvested, December 31, 2024	3,475,760	$	6.98
Granted	3,460,475	7.96
Vested	(1,571,391)	6.32
Forfeited	(4,713)	7.01
Restricted stock units, unvested, September 30, 2025	5,360,131	$	7.80

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

Black-Scholes option-pricing model assumptions and the resulting fair value of options are presented in the following table:


	Stock Options on Grant Date
Dividend yield	—		%
Expected volatility	23.00		%
Risk-free interest rate	3.98		%
Expected option life	5.81 years
Weighted average fair value of stock options	$	3.91

Share-Based Payment Arrangement, Option, Activity

The following table shows the status of, and changes in, common stock options:


	Number of Stock Options	Weighted Average Exercise Price
Options outstanding, December 31, 2024	345,263	$	12.37
Granted	—	—
Exercised	—	—
Expired or cancelled	—	—
Options exercisable, September 30, 2025	345,263	$	12.37

Abacus Global Management, Inc. 10-Q