Company: HURA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047921
Chunk: 286

Company: TuHURA Biosciences, Inc./NV
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 286
---
        $
        2.97

        4.43 years

        Options assumed from Kintara upon merger closing
         
        6,345

        $
        1,074.40

        6.91 years

        Forfeited and cancelled
         
        (249,961
        )
         
        $
        3.53

        Exercised
         
        (180,689
        )
         
        $
        2.66

        Granted
         
        4,047,059

        $
        4.76

        Outstanding at December 31, 2024
         
        6,403,818

        $
        5.11

        7.44 years

        Exercisable at December 31, 2024
         
        2,270,626

        $
        5.83

        3.30 years
       
       Options outstanding had an intrinsic value of $5,494,000 and $1,964,000 as of December 31, 2024 and December 31, 2023, respectively.  As of December 31, 2024, there was $14,300,000 of unrecognized stock compensation, which will be recognized over the next three years.Restricted Stock units

F-23

TUHURA BIOSCIENSES, INC AND SUBSIDIARIESNotes to the consolidated financial statementsFor the years ended December 31, 2024, and 2023  

Restricted stock units “RSU” were assumed from the merger issued to the former Chief Executive Officer and currently is a board of director for the Company and 57 RSU will vest in June 2025 and June 2026. The table below summarizes activity related to RSUs. 

        Number of RSU

        Restricted stock units assumed from Kintara upon merger closing

        114

        Vesting of restricted stock units

        -

        Balance as of December 31, 2024

        114

       The remaining RSUs assumed from the Kintara merger will vest on August 1, 2025 and August 1, 2026 and such shares are not accounted for until they vest. Stock compensation expenseTotal stock-based compensation expense was allocated as follows: 

        2024

        2023

        General and administrative

        $
        843