Quarterly report [Sections 13 or 15(d)]

Stock-based Payments (Tables)

v3.25.1
Stock-based Payments (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Options Activity

The following table summarizes the activities for the Company’s stock options for the three months ended March 31, 2025:

 

                      Weighted        
                      Average        
          Weighted     Weighted     Remaining        
    Number     Average     Average     Contractual     Aggregate  
    of     Exercise     Grant Date     Term     Intrinsic  
    Shares     Price     Fair Value     (years)     Value  
Balance at December 31, 2024     59,838     $ 49.03     $ 45.97       7.98     $ -  
Granted     -       -       -       -               -  
Exercised     -       -       -       -       -  
Forfeited     (3,334 )     24.30       23.10       8.69       -  
Canceled/Expired     -       -       -       -       -  
Balance March 31, 2025     56,504       50.49       47,31       7.70     $ -  
Exercisable as of March 31, 2025     41,892       60,73       47.39       7.52     $ -  

Summary of Restricted Stock Units Activity

The following is the status of outstanding unvested RSUs outstanding as of March 31, 2025 and the changes for the three months ended March 31, 2025:

 

          Weighted  
          Average  
    Number of     Grant Date  
    RSUs     Fair Value  
Balance at December 31, 2024     48,334     $ 242.70  
Granted     -       -  
Vested     -       -  
Forfeited     -       -  
Canceled/Expired     -       -  
Balance at March 31, 2025     48,334     $ 242.70  

 

As of March 31, 2025, the unamortized value of the RSUs was $11,730,660.