Company: BKTI
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009464
Chunk: 79

Company: BK Technologies Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 79
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  December 31, 2024 and 2023 was calculated using the assumptions noted in the following table. Expected volatilities are based on the historical volatility of the Company’s common stock over the period of time, commensurate with the expected life of the stock options. The dividend yield assumption is based on the Company’s expectations of dividend payouts at the grant date. The Company has estimated its future stock option exercises. The expected term of option grants is based upon the observed and expected time to the date of post vesting exercises and forfeitures of options by the Company’s employees. The risk-free interest rate is derived from the average U.S. Treasury rate for the period, which approximates the rate at the time of the stock option grant.

       FY 2024    FY 2023  
 Expected Volatility   56.8%  55.8%
 Expected Dividends   0%  0%
 Expected Term (in years)   6.5   6.5 
 Risk-Free Rate   4.08%  3.67%
 Estimated Forfeitures   0.0%  0.0%

        F-
       18

        BK TECHNOLOGIES CORPORATION

        YEARS ENDED
        DECEMBER 31, 2024 AND
       2023

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

        (in thousands, except share data and percentages)

   11. Share-Based Compensation (Continued)
    
   A summary of stock option activity under the Company’s equity compensation plans as of  December 31, 2024, and changes during the year ended  December 31, 2024, are presented below:

           Wgt. Avg.    Wgt. Avg.    Wgt Avg.      
       Exercise    Remaining    Grant Date    Aggregate  
       Price ($)    Contractual    Fair Value ($)    Intrinsic  
   Stock Options    Per Share    Life (Years)    Per Share    Value ($)  

 As of January 1, 2024                     
 Outstanding   202,600   14.76   7.60   5.94   37,773 
 Vested   105,313   16.01   6.80   5.78   9,661 
 Nonvested