Company: GEDC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023834
Chunk: 19

Company: CalEthos, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 19
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000 and $2,000, respectively, was capitalized as data center campus cost. 

Note
5 – Commitments and Contingencies

 COMMITMENTS AND CONTINGENCIES

Litigation

From
time to time, the Company may become subject to legal proceedings, claims and litigation arising in the ordinary course of business.
The Company is not currently a party to any material legal proceedings, nor is the Company aware of any pending or threatened litigation
that would have a material adverse effect on the Company’s business, operating results, cash flows or financial condition should
such litigation be resolved unfavorably.

Note
6 – Stockholders Equity

 STOCKHOLDERS EQUITY

Stock
Options

 SCHEDULE OF STOCK OPTION ACTIVITIES

    Number of Shares  
    Weighted Average Strike Price/Share  
    Weighted Average Remaining Contractual Term (Years)  
    Weighted Average Grant Date Fair Value/Share  
    Intrinsic Value 
  
    Balance, December 31, 2024 
     8,204,000  
     0.97  
     7.8  
     0.94  
     0.81 
  
    Granted 
     350,000  
     1.99  
     8.7  
     1.97  
     - 
  
    Forfeited 
     1,837,500  
     2.33  
     9.1  
     2.08  
     – 
  
    Exercised 
     -  
     –  
     –  
     –  
     – 
  
    Expired 
     -  
     -  
     -  
     -  
     - 
  
    Balance, June 30, 2025 
     6,716,500  
     0.65  
     6.6  
     0.63  
     0.00 
  
    Vested and exercisable, June 30, 2025 
     3,199,833  
     0.64  
     5.5  
     0.62  
     0.00 
  
    Unvested, June 30, 2025 
     3,866,667  
    $0.67