Schedule of vested and unvested stock option activity |
| | | | | | | | | | | | | | | | | | All Options | | Vested Options | | Unvested Options | | | | | Weighted | | | | Weighted | | | | Weighted | | | | | Average | | | | Average | | | | Average | | | | | Exercise | | | | Exercise | | | | Exercise | | | Shares | | Price | | Shares | | Price | | Shares | | Price | Outstanding at June 30, 2024 | | 2,788,625 | | $ | 1.93 | | 2,529,856 | | $ | 1.85 | | 258,769 | | $ | 2.73 | Granted | | 260,000 | | | 2.79 | | — | | | — | | 260,000 | | | 2.79 | Options vesting | | — | | | — | | 129,800 | | | 2.73 | | (129,800) | | | 2.73 | Exercised | | (128,821) | | | 1.92 | | (128,821) | | | 1.92 | | — | | | — | Forfeited | | — | | | — | | — | | | — | | — | | | — | Outstanding at March 31, 2025 | | 2,919,804 | | $ | 2.00 | | 2,530,835 | | $ | 1.89 | | 388,969 | | $ | 2.77 |
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Schedule of additional information regarding stock options outstanding and exercisable |
| | | | | | | | | Option | | | | Remaining | | | | Exercise | | Options | | Contractual | | Options | | Price | | Outstanding | | Life (in years) | | Exercisable | $ | 0.70 | | 225,000 | | 0.68 | | 225,000 | | 0.80 | | 16,000 | | 0.39 | | 16,000 | | 0.90 | | 15,000 | | 0.35 | | 15,000 | | 1.05 | | 300,000 | | 1.39 | | 300,000 | | 1.09 | | 40,000 | | 1.15 | | 40,000 | | 1.10 | | 105,000 | | 0.25 | | 105,000 | | 1.20 | | 247,000 | | 2.64 | | 247,000 | | 1.59 | | 25,000 | | 3.11 | | 25,000 | | 2.10 | | 238,767 | | 6.86 | | 238,767 | | 2.13 | | 211,500 | | 5.64 | | 211,500 | | 2.15 | | 200,000 | | 7.70 | | 200,000 | | 2.17 | | 28,000 | | 6.12 | | 28,000 | | 2.19 | | 5,000 | | 6.81 | | 5,000 | | 2.40 | | 272,000 | | 3.62 | | 272,000 | | 2.43 | | 61,250 | | 6.18 | | 61,250 | | 2.45 | | 72,000 | | 5.35 | | 72,000 | | 2.49 | | 68,000 | | 5.16 | | 68,000 | | 2.50 | | 20,000 | | 4.13 | | 20,000 | | 2.64 | | 7,353 | | 6.35 | | 7,353 | | 2.67 | | 21,000 | | 6.47 | | 21,000 | | 2.73 | | 257,934 | | 8.69 | | 128,965 | | 2.79 | | 260,000 | | 9.62 | | — | | 2.99 | | 8,000 | | 5.12 | | 8,000 | | 3.13 | | 208,000 | | 4.62 | | 208,000 | | 3.50 | | 8,000 | | 4.87 | | 8,000 | | Total | | 2,919,804 | | | | 2,530,835 |
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Schedule of restricted common stock activity |
| | | | | | | | | | | | | | | | Weighted | | | | | | | | Average | | | Number of | | | | | Grant Date | | | Shares | | Fair Value | | Fair Value | Non-vested, June 30, 2024 | | 1,957,726 | | $ | 3,075,449 | | $ | 1.57 | Granted | | 590,000 | | | 1,309,240 | | | 2.22 | Vested | | (788,650) | | | (1,589,035) | | | 2.01 | Forfeited | | (228,584) | | | (332,450) | | | 1.45 | Non-vested, March 31, 2025 | | 1,530,492 | | $ | 2,463,204 | | $ | 1.61 |
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