STOCK OPTIONS |
NOTE
7 – STOCK OPTIONS
Stock
option transactions under the Company’s Plan for the nine months ended April 30, 2025 and the year ended July 31, 2024 are summarized
as follows:
SCHEDULE OF STOCK OPTION
| |
| | |
| | |
Weighted | | |
| | |
| |
| |
| | |
| | |
Average | | |
| | |
Weighted | |
| |
| | |
Weighted | | |
Remaining | | |
| | |
Average | |
| |
Number | | |
Average | | |
Contractual | | |
Aggregate | | |
Grant | |
Stock Options | |
of Options | | |
Exercise Price | | |
Term (Years) | | |
Intrinsic Value | | |
Date Fair Value | |
Outstanding - July 31, 2023 | |
| 2,342,539 | | |
$ | 0.49 | | |
| 8.98 | | |
$ | 142,029 | | |
$ | - | |
Exercisable - July 31, 2023 | |
| 2,219,368 | | |
$ | 0.48 | | |
| 8.98 | | |
$ | 142,029 | | |
$ | - | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Cancelled/Forfeited | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Outstanding - July 31, 2024 | |
| 2,342,539 | | |
$ | 0.49 | | |
| 7.98 | | |
$ | 93,949 | | |
$ | - | |
Exercisable - July 31, 2024 | |
| 2,342,539 | | |
$ | 0.49 | | |
| 7.98 | | |
$ | 93,949 | | |
$ | - | |
Unvested - July 31, 2024 | |
| - | | |
$ | - | | |
| - | | |
$ | - | | |
$ | - | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Cancelled/Forfeited | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Outstanding – April 30, 2025 | |
| 2,342,539 | | |
$ | 0.49 | | |
| 7.23 | | |
$ | 7,895 | | |
$ | - | |
Exercisable – April 30, 2025 | |
| 2,342,539 | | |
$ | 0.49 | | |
| 7.23 | | |
$ | 7,895 | | |
$ | - | |
Unvested – April 30, 2025 | |
| - | | |
$ | - | | |
| - | | |
$ | - | | |
$ | - | |
Fiscal
Year Ended July 31, 2024
During
the year ended July 31, 2024, the remaining 123,171 of a total 1,478,050 options vested.
|