Company: AIBT
Filing Date: 2025-07-03
Form Type: 253G2
Source: 0001096906-25-001087
Chunk: 46

Company: AIBOTICS, INC.
Filing Date: 2025-07-03
Form: 253G2
Chunk 46
---
 2023 | $288,000 | -     |        - |    635 | -         | -            | -            | $288,635 |

Executive Employment Agreements Aibotics, Inc. (formerly, Mycotopia Therapies, Inc.) Consulting Agreement with the CEO On November 17, 2021, Aibotics, Inc. (formerly, Mycotopia Therapies, Inc.), entered into an Executive Consulting Agreement (the “Mycotopia Consulting Agreement”), with Benjamin Kaplan (“BK”) to serve as the Company’s CEO for an initial term of 36 months. As of December 31, 2023 and 2022, the Company had cash compensation outstanding as accrued expense - related party due to the Mycotopia Consulting Agreement of $576,000 and $288,000, respectively. During the years ended December 31, 2023 and 2022, the Company recognized $635 and $148,417, respectively, of stock-based compensation from Warrants issued in connection with the Mycotopia Consulting Agreement. The Company records stock-based compensation on the consolidated income statement as general and administrative expense. Significant terms of the Mycotopia Consulting Agreement are as follows: Annual Base Consulting Fee Every calendar month the Company will pay the CEO a consulting fee of $28,000, with an annual total fee of $288,000. Bonus Compensation Milestones BK was granted a Warrant to purchase that number of shares of AIBotics common stock equal to 5% of the issued and outstanding AIBotics common shares, on a fully diluted basis. The Warrant had an exercise price of $0.01 per share and expired on November 16, 2023. During the year ended December 31, 2023, the Company issued 1,922, respectively, vested AIBotics warrant shares in accordance with the Warrant valued at $635, (see Note 7 – Stockholders’ Equity). The Company will pay the CEO a bonus in AIBotics restricted stock or restricted stock units based on the following EBITDA milestones. As of December 31, 2023, no EBITDA milestones were met, and no amounts have been recorded for the bonus milestones.

| Bonus |         |     | EBITDA Milestones |
|:------|--------:|:----|:------------------|
| $     | 100,000 |     | 1st $1,000,000    |
| $     | 100