Stock
option activity, including options granted under the 2023 Plan and 2018 Plan, was as follows for the six months ended June 30, 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 | | |
| | |
Granted | |
| — | | |
| — | | |
| | | |
| — | | |
| — | | |
| | |
Cancelled or expired | |
| (164,931 | ) | |
| 1.19 | | |
| | | |
| (156,243 | ) | |
| 1.03 | | |
| | |
Outstanding at June 30 | |
| 3,760,472 | | |
| 1.30 | | |
| 6.43 | | |
| 4,719,585 | | |
| 1.32 | | |
| 7.28 | |
Exercisable at June 30 | |
| 3,006,140 | | |
| 1.35 | | |
| 6.06 | | |
| 2,313,011 | | |
| 1.46 | | |
| 6.22 | |
|