Schedule of Restricted Common Stock Award Activity |
A summary of the restricted common stock award
activity during the six months ended June 30, 2025, is as follows:
| |
Restricted Common Stock | |
| |
| | |
Weighted | |
| |
Number of | | |
Average | |
| |
Shares | | |
Fair Value | |
Unvested as of December 31, 2024 | |
| 166,437 | | |
$ | 0.09 | |
Granted | |
| 3,332 | | |
| 1.91 | |
Vested | |
| (35,463 | ) | |
| 0.29 | |
Forfeited/ cancelled | |
| (7,000 | ) | |
| 0.31 | |
Unvested as of June 30, 2025 | |
| 127,306 | | |
$ | 0.12 | |
|
A summary of the restricted common stock award
activity during the years ended December 31, 2024 and 2023, is as follows:
| |
Restricted Common Stock | |
| |
| | |
Weighted | |
| |
Number of | | |
Average | |
| |
Shares | | |
Fair Value | |
Unvested at July 17, 2023 (inception) | |
| - | | |
$ | - | |
Granted | |
| 429,235 | | |
| - | |
Vested | |
| (254,944 | ) | |
| - | |
Forfeited/cancelled | |
| - | | |
| - | |
Unvested as of December 31, 2023 | |
| 174,291 | | |
| - | |
Granted | |
| 513,000 | | |
| 0.31 | |
Vested | |
| (520,854 | ) | |
| 0.27 | |
Forfeited/cancelled | |
| - | | |
| - | |
Unvested as of December 31, 2024 | |
| 166,437 | | |
| 0.09 | |
|