v3.25.2
NOTE 8 - STOCK BASED COMPENSATION
6 Months Ended
Jun. 30, 2025
Notes  
NOTE 8 - STOCK BASED COMPENSATION

NOTE 8 - STOCK BASED COMPENSATION

 

Effective July 15, 2024, the Company adopted the “Aibotics, Inc.” limits the number of shares that may be issued pursuant to the 2024 Plan to 50,000,000 shares of common stock. As of June 30, 2025, there have not been any stock-based compensation issuances under the 2024 Plan.

 

On May 29, 2024, the Company signed a consulting agreement with a consultant (the “May Consulting Agreement”). The consultant agreed to provide services related to the Company’s status as a publicly traded company. In exchange the consultant is to receive 120,000 shares of the Company’s common stock at commencement of the agreement, and an additional payment of 5,000 shares of common stock each month of the agreement. The agreement is effective from May 29, 2024 through September 22, 2024. During the year ended December 31, 2024, the Company incurred $7,182, respectively, of stock-based compensation related to the May Consulting Agreement. As of June 30, 2025 the Company had accrued $7,182 of stock-based compensation related to the May Consulting Agreement as a component of Accounts Payable and Accrued Expenses.

 

 

Warrants Issued

 

The following table reflects a summary of outstanding Common Stock warrants and warrant activity during the three and six months ended June 30, 2025, and 2024:

 

 

 

Underlying

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Term (Years)

 

Warrants outstanding at December 31, 2023

 

 

666,666

 

 

$

1.50

 

 

 

0.80

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/Expired

 

 

-

 

 

 

-

 

 

 

-

 

Warrants outstanding at June 30, 2024

 

 

666,666

 

 

 

1.50

 

 

 

0.30

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants outstanding at December 31, 2024

 

 

166,667

 

 

 

1.50

 

 

 

0.06

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/Expired

 

 

(166,667

)

 

 

1.50

 

 

 

-

 

Warrants outstanding and exercisable at June 30, 2025

 

 

-

 

 

$

-

 

 

 

-

 

 

The intrinsic value of warrants outstanding as of June 30, 2025 was $0.