v3.26.1
Stock Based Compensation
 6 Months Ended
Jun. 30, 2026
Stock Based Compensation [Abstract]  
STOCK BASED COMPENSATION

NOTE 9 – STOCK BASED COMPENSATION

 

The Company maintains the SpringBig Holdings, Inc. 2022 Long-Term Incentive Plan (the “2022 Incentive Plan”).

  

The number of shares automatically added to the number of shares authorized for issuance on January 1, 2025, and 2026 was 2,317,417 and 2,427,439, respectively, being 5% of the number of the Company’s common stock issued and outstanding on December 31, 2024, and 2025, respectively. The total number of shares of common stock authorized for issuance under the 2022 Incentive Plan is 9,759,984 as of June 30, 2026.

 

The following table summarizes information on Restricted Stock Units outstanding as of June 30, 2026, under the 2022 Incentive Plan:

 

    Restricted Stock Units Outstanding  
    Number of RSU’s     Weighted
Average
Fair Value
(per share)		     Weighted
Average Vesting
(years)		  
Outstanding Balance, January 1, 2025     2,665,852     $ 0.45       1.7  
RSU’s granted     15,992,103     $ 0.06          
RSU’s forfeited and cancelled     (2,331,250 )   $ 0.38          
RSU’s vested and common stock issued     (1,008,892 )   $ 0.30          
Outstanding Balance, December 31, 2025     15,317,813     $ 0.06       4.7  
RSU’s forfeited and cancelled     (14,901,275 )   $ 0.06          
RSU’s vested and common stock issued     (246,494 )   $ 0.25          
Outstanding Balance, June 30, 2026     170,044     $ 0.14       0.6  

 

During the three and six months ended June 30, 2026, compensation expense recorded in connection with the 2022 Incentive Plan was $45,000 and $116,000, respectively. During the three and six months ended June 30, 2025, compensation expense recorded in connection with the 2022 Incentive Plan was $173,000 and $336,000, respectively. The expense is reported within general and administrative expenses. The remaining expense of approximately $16,000 will be recognized in future periods through March 2027.