v3.26.1
STOCK COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITIES
The following is a summary of the RSU activities during the six months ended June 30, 2026:
Number of Units
Outstanding, December 31, 2025117 
Granted— 
Vested (52)
Forfeited(5)
Outstanding, June 30, 202660 
SCHEDULE OF WARRANT ACTIVITIES
The following is a summary of the warrant activities for warrants to purchase Class A common stock during the six months ended June 30, 2026:
Number of
Units
Outstanding, December 31, 202524,883
Granted0
Exercised(12,250)
Increase in warrant shares from anti-dilution adjustment1,214
Outstanding, June 30, 202613,847
Exercisable, June 30, 202613,847
SCHEDULE OF FAIR VALUE OF LONG TERM INCENTIVE PLAN
June 30, 2026
Market value of common stock on measurement date$4.71 
Risk free interest rate (1)3.85 %
Expected life in years1.00
Expected volatility (2)111 %
    
(1)The risk-free interest rate was determined using the applicable (six month) Treasury Bill as of the measurement date.
(2)The historical trading volatility was based on historical fluctuations in stock price for Boxlight.
SCHEDULE OF STOCK COMPENSATION EXPENSE
For the three and six months ended June 30, 2026 and 2025, the Company recorded the following stock compensation in general and administrative expense (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Stock options$— $$— $12 
Restricted stock units67 36 133 
Equity based warrants— — — 30 
Long-term incentive plan45 107 176 173 
Total stock compensation expense$49 $179 $212 $348