v3.25.2
Share Based Compensation (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Share Based Compensation [Abstarct]    
Schedule of the Option Activity

A summary of the option activity as of June 30, 2025 and 2024 and changes during the period is presented below:

 

Number of
share
options

 

Weighted
average
exercise
price
$

 

Remaining
contractual
term in
years

 

Aggregate
Intrinsic
value
$

Outstanding, January 1, 2025

 

 

 

 

   

Outstanding, June 30, 2025

 

 

 

 

 

Exercisable, June 30, 2025

 

 

 

 

 

Vested, June 30, 2025

 

 

 

 

 

     

 

           

Outstanding, January 1, 2024

 

427,060

 

 

3.59

 

9.28

 

     

 

           

Exercised

 

(289,401

)

 

 .03

 

  

 

1,384,653

Outstanding, June 30, 2024

 

137,659

 

 

2.68

 

9.26

 

234,296

Exercisable, June 30, 2024

 

137,659

 

 

2.68

 

9.26

 

234,296

Vested, June 30, 2024

 

137,659

 

 

2.68

 

9.26

 

234,296

A summary of the option activity for the years ended December 31, 2024, 2023 and 2022 and changes during the period is presented below:

 

Number of
share
options

 

Weighted
average
exercise
price
$

 

Remaining
contractual
term in years

 

Aggregate
Intrinsic
value

Outstanding, January 1, 2024

 

427,060

 

 

3.59

 

9.28

   

Exercised

 

(427,060

)

 

1.49

 

 

 

1,436,963

Outstanding, December 31, 2024

 

 

 

 

 

Exercisable, December 31, 2024

 

 

 

 

 

 

Number of
share
options

 

Weighted
average
exercise
price
$

 

Remaining
contractual
term in years

 

Aggregate
Intrinsic
value

Outstanding, January 1, 2023

 

272,126

 

 

21.54

 

10.83

   

Granted

 

403,820

 

 

2.68

       

Exercised

 

(791

)

 

20.90

     

Modified

 

(248,095

)

 

21.74

 

 

   

Exercisable, December 31, 2023

 

420,157

 

 

3.43

 

9.42

 

 

Number of
share
options
(1)

 

Weighted
average
exercise
price
$

 

Remaining
contractual
term in years

 

Aggregate
Intrinsic
value

Outstanding, January 1, 2022

 

127,404

 

 

31.91

 

11.01

   

Granted

 

153,146

 

 

13.40

 

12.30

   

Exercised

 

(6,721

)

 

25.25

     

Forfeited

 

(1,268

)

 

28.11

       

Cancelled

 

(435

)

 

116.71

 

 

   

Outstanding, December 31, 2022

 

272,126

 

 

21.54

 

10.83

 

Exercisable, December 31, 2022

 

89,300

 

 

32.71

 

9.64

 

(1)      All per share amounts and shares outstanding for all periods have been retroactively restated to reflect APTORUM GROUP LIMITED’s 1 for 10 reverse stock split, which was effective on January 23, 2023.

Schedule of Each Stock Option Award is Estimated on the Date of Grant Using the Black-Scholes Option Pricing Model  

The fair value of each stock option award is estimated on the date of grant using the Black-Scholes option pricing model under the following assumptions.

 

Granted in
2023

 

Granted in
2022

Expected volatility

 

 

170.10

%

 

89.55%

Risk-free interest rate

 

 

3.48

%

 

1.86%

Expected term from grant date (in years)

 

 

5.25

 

 

5.63 – 6.41

Dividend rate

 

 

 

 

Dilution factor

 

 

1

 

 

1

Fair value

 

$

2.68

 

 

$9.74 – $10.16