Company: BIAF
Filing Date: 2025-05-02
Form Type: S-1
Source: 0001641172-25-008170
Chunk: 214

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-05-02
Form: S-1
Chunk 214
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-----------|---------:|:--|:----|:---------------------------|-----:|:----|:---------------------------------------------|-----:|:----|:--------------------|--------:|
| Outstanding at December 31, 
 2023                        |     |            |  683,695 |   |     | $                          | 3.99 |     |                                              |  2.9 |     | $                   | 158,332 |
| Granted                     |     |            |        — |   |     |                            |    — |     |                                              |    — |     |                     |       — |
| Exercised                   |     |            | (208,031 | ) |     |                            | 1.16 |     |                                              |    — |     |                     |       — |
| Forfeited                   |     |            | (171,539 | ) |     |                            | 2.16 |     |                                              |    — |     |                     |       — |
| Outstanding at December     
 31, 2024                    |     |            |  304,125 |   |     | $                          | 6.95 |     |                                              | 4.20 |     | $                   |       — |
| Vested and exercisable      
 at December 31, 2024        |     |            |  304,125 |   |     | $                          | 6.95 |     |                                              | 4.20 |     | $                   |       — |

As of December 31, 2024, there was nounrecognized compensation cost related to non-vested stock options.

During the year ended December 31, 2024, 208,031options were exercised at an exercise price of $ 1.155, of which 143,183options were from a cashless exercise, and 137,854options were forfeited due to a cashless exercise.

| F-14 |

Restricted Stock Awards

The following table summarizes restricted stock award activity under the 2014 and 2024 Plan:

SUMMARY OF RESTRICTED STOCK AWARD

|                              |     |              |           |   |     |             |      |     |            |           |   |     | As of December 31, 2024 |         |     |          |         |   |
|:-----------------------------|:----|:-------------|----------:|:--|:----|:------------|-----:|:----