Stock
option activity, including options granted under the 2023 Plan and 2018 Plan, was as follows for the three months ended March 31, 2025
and 2024:
Schedule
of Stock Options Activity
| |
2025 | | |
2024 | |
| |
Shares | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Contract Term (years) | | |
Shares | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Contract Term (years) | |
Outstanding at January 1 | |
| 3,925,403 | | |
| 1.29 | | |
| | | |
| 4,875,828 | | |
| 1.31 | | |
| | |
Cancelled or expired | |
| (164,432 | ) | |
| 1.09 | | |
| | | |
| — | | |
| — | | |
| | |
Outstanding at March 31 | |
| 3,760,971 | | |
| 1.30 | | |
| 6.68 | | |
| 4,875,828 | | |
| 1.31 | | |
| 7.72 | |
Exercisable at March 31 | |
| 2,894,964 | | |
| 1.37 | | |
| 6.25 | | |
| 2,221,703 | | |
| 1.48 | | |
| 6.75 | |
|