| SCHEDULE OF NUMBER OF OPTIONS AND WEIGHTED AVERAGE EXERCISE PRICES |
The
following table outlines the number of Options (in thousands) and weighted-average exercise price:
SCHEDULE OF NUMBER OF OPTIONS AND WEIGHTED AVERAGE EXERCISE PRICES
| | |
As of | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
Number of Options | | |
Weighted- Average Exercise Price | | |
Number of Options | | |
Weighted- Average Exercise Price | |
| Outstanding at beginning of year | |
| 10,704 | | |
$ | 1.32 | | |
| 14,991 | | |
$ | 1.09 | |
| Granted | |
| — | | |
| — | | |
| 15 | | |
| 5.10 | |
| Forfeited/ Expired | |
| (189 | ) | |
| 0.13 | | |
| (35 | ) | |
| 0.84 | |
| Exercised | |
| (182 | ) | |
| 0.78 | | |
| (1,234 | ) | |
| 0.62 | |
| Outstanding at end of period | |
| 10,333 | | |
$ | 1.37 | | |
| 13,737 | | |
$ | 1.14 | |
| Exercisable at end of period | |
| 9,272 | | |
$ | 1.32 | | |
| 11,345 | | |
$ | 1.04 | |
|
| SCHEDULE OF STOCK ACTIVITY FOR RESTRICTED SHARE UNIT PLAN |
The
following table illustrates the Company’s stock activity (in thousands of units) for the RSUs under its equity plan. Once
fully vested, awards are either settled in stock or the equivalent cash value, as determined at the Company’s discretion. RSUs
are historically and expected to be equity-settled and therefore are classified as equity awards.
SCHEDULE OF STOCK ACTIVITY FOR RESTRICTED SHARE UNIT PLAN
| | |
Restricted
Share Units | |
| Balance at, December 31, 2024 | |
| 24,619 | |
| Granted | |
| 20,022 | |
| Vested and Issued | |
| (13,110 | ) |
| Forfeited | |
| (4,139 | ) |
| Balance at, December 31, 2025 | |
| 27,392 | |
| Granted | |
| 22,139 | |
| Vested and Issued | |
| (7,540 | ) |
| Forfeited | |
| (886 | ) |
| Balance at, June 30, 2026 | |
| 41,105 | |
|
| SCHEDULE OF BREAKDOWN OF THE STOCK-BASED COMPENSATION EXPENSE |
The
following tables provide a detailed breakdown of the stock-based compensation expense (in thousands) as reported in the interim
condensed consolidated statements of comprehensive loss.
SCHEDULE OF BREAKDOWN OF THE STOCK-BASED COMPENSATION EXPENSE
| | |
For the Three Months Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
Options Expense | | |
RSU Expense | | |
Total | | |
Options Expense | | |
RSU Expense | | |
Total | |
| Cost of Sales – Agent Stock-Based Compensation | |
$ | — | | |
$ | 14,462 | | |
$ | 14,462 | | |
$ | — | | |
$ | 12,260 | | |
$ | 12,260 | |
| Marketing Expenses – Agent Stock-Based Compensation | |
| 38 | | |
| 4,674 | | |
| 4,712 | | |
| 56 | | |
| 3,422 | | |
| 3,478 | |
| Marketing Expenses – FTE Stock-Based Compensation | |
| - | | |
| 35 | | |
| 35 | | |
| - | | |
| 43 | | |
| 43 | |
| Research and Development – FTE Stock-Based Compensation | |
| - | | |
| 455 | | |
| 455 | | |
| 2 | | |
| 298 | | |
| 300 | |
| General and Administrative – FTE Stock-Based Compensation | |
| 79 | | |
| 2,061 | | |
| 2,140 | | |
| 209 | | |
| 1,505 | | |
| 1,714 | |
| Total Stock-Based Compensation | |
$ | 117 | | |
$ | 21,687 | | |
$ | 21,804 | | |
$ | 267 | | |
$ | 17,528 | | |
$ | 17,795 | |
| | |
For the Six Months Ended | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| | |
Options Expense | | |
RSU Expense | | |
Total | | |
Options Expense | | |
RSU Expense | | |
Total | |
| Cost of Sales – Agent Stock-Based Compensation | |
$ | — | | |
$ | 24,065 | | |
$ | 24,065 | | |
$ | — | | |
$ | 20,202 | | |
$ | 20,202 | |
| Marketing Expenses – Agent Stock-Based Compensation | |
| 82 | | |
| 9,001 | | |
| 9,083 | | |
| 125 | | |
| 6,468 | | |
| 6,593 | |
| Marketing Expenses – FTE Stock-Based Compensation | |
| - | | |
| 49 | | |
| 49 | | |
| - | | |
| 83 | | |
| 83 | |
| Research and Development – FTE Stock-Based Compensation | |
| - | | |
| 748 | | |
| 748 | | |
| 3 | | |
| 602 | | |
| 605 | |
| General and Administrative – FTE Stock-Based Compensation | |
| 186 | | |
| 4,674 | | |
| 4,860 | | |
| 462 | | |
| 2,557 | | |
| 3,019 | |
| Total Stock-Based Compensation | |
$ | 268 | | |
$ | 38,537 | | |
$ | 38,805 | | |
$ | 590 | | |
$ | 29,912 | | |
$ | 30,502 | |
|