Company: SINT
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021930
Chunk: 18

Company: Sintx Technologies, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 18
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     -  
     -  
     - 
  
    Forfeited 
     (13) 
     26,749  
     -  
     - 
  
    Expired 
     (1) 
     891,768,343  
     -  
     - 
  
    As of September 30, 2024 
     46  
    $19,969  
     5.9  
    $- 
  
    Exercisable at September 30, 2024 
     45  
    $26,105  
     6.3  
    $- 
  
    Vested and expected to vest at September 30, 2024 
     22  
    $29,359  
     5.8  
    $- 

The
Company estimates the fair value of each stock option on the grant date using the Black-Scholes-Merton valuation model, which requires
several estimates including an estimate of the fair value of the underlying common stock on grant date. The expected volatility was based
on an average of the historical volatility of the Company. The expected term was contractual life of option. The risk-free interest rate
was based on the U.S. Treasury yield curve in effect at the time of grant for the expected term of the option.

Of
the 170,032 options outstanding as of September 30, 2025, 170,018 were awarded to non-executive members of the board of directors.

Unrecognized
stock-based compensation as of September 30, 2025, is as follows:

 Schedule of Unrecognized Stock-based Compensation

    Unrecognized  
    Weighted Average 

    Stock-Based Compensation  
    Remaining of Recognition 

    (in thousands)  
    (in years) 
  
    Stock options 
    $-  
     - 
  
    Stock grants 
    $2,081  
     1.3 

11.
Commitments and Contingencies

The
Company has executed agreements with certain executive officers of the Company which, upon the occurrence of certain events related to
a change in control, call for payments to the executives up to three times their annual salary and accelerated vesting of previously
granted stock awards.

From
time to time, the Company is subject to various claims and legal proceedings covering matters that arise in the ordinary course of its