Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 1041

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 8
Chunk 1041
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 placement
market, variability in pricing from multiple lenders and terms of debt.

(O)
Stock-Based Compensation

The Company accounts for stock-based compensation under the provisions of FASB ASC 718, Compensation—Stock
Compensation, which requires the measurement and recognition of compensation expense for all stock-based awards made to employees
and directors based on estimated fair values on the grant date. The Company estimates the fair value of stock-based awards on the date
of grant using the Black-Scholes model. The value of the portion of the award that is ultimately expected to vest is recognized as expense
over the requisite service periods using the straight-line method. In accordance with ASU No. 2018-07, Compensation –
Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting share-based payment transactions for
acquiring goods and services from nonemployees are included. Consistent with the accounting requirement for employee share-based payment
awards, nonemployee share-based payment awards within the scope of Topic 718 are measured at grant-date fair value of the equity instruments
that an entity is obligated to issue when the good has been delivered or the service has been rendered and any other conditions necessary
to earn the right to benefit from the instruments have been satisfied.

    F-11

(P)
Income Taxes

The
Company accounts for income taxes under FASB ASC 740. Deferred tax assets and liabilities are determined based upon differences
between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will
be in effect when the differences are expected to reverse. A valuation allowance is provided when it is more likely than not that
some portion or all of a deferred tax asset will not be realized. As required by FASB ASC 450, the Company recognizes the financial
statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the
position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial
statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the
relevant tax authority.

The
Company is not currently under examination by any federal or state jurisdiction.

The
Company’s policy is to record tax-related interest and penalties as a component of operating expenses.

(Q)
Recently Issued Accounting Pronouncements

In June 2016, the FASB issued Accounting Standards Update (“ASU