Company: ACCS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001683168-25-008214
Chunk: 12

Company: ACCESS Newswire Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 12
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 are included in the accompanying statement of cash flows (in thousands):

Adjustments
to reconcile net loss to net cash used in operating activities:

    Schedule of reconcile net loss to net cash used in operating activities 

    September 30, 2025  
    September 30, 2024 
  
    Depreciation and amortization 
    $28  
    $126 
  
    Provision for credit loses 
     420  
     135 
  
    Stock-based compensation expense 
     78  
     63 
  
    Gain on disposal of business 
     8,974  
     – 

Note 4: Equity

Dividends

The Company did not pay
any dividends during the three and nine-month periods ended September 30, 2025 and 2024.

Preferred stock and common stock

There were no issuances
of preferred stock or common stock during the three and nine-month periods ended September 30, 2025 and 2024, other than stock awarded
to employees and the Board of Directors.

     15 

2023 Equity Incentive Plan

On June 7, 2023, the shareholders
of the Company approved the 2023 Equity Incentive Plan (the “2023 Plan”). Under the terms of the 2023 Plan, the Company
is authorized to issue incentive awards for common stock up to 300,000 shares to employees and other personnel. The awards may be in the
form of incentive stock options, nonqualified stock options, restricted stock, restricted stock units and performance awards. The 2023
Plan is effective through April 1, 2033. As of September 30, 2025, there are 358,416 shares which remain to be granted under the 2023
Plan, including 123,076 shares assumed under the Company’s previous 2014 Equity Incentive Plan, as amended.

The following table summarizes
information about stock options outstanding and exercisable at September 30, 2025:

    Schedule of stock options outstanding and exercisable 

    Options Outstanding  
    Options Exercisable 
  
    Exercise Price Range 
    Number  
    Weighted Average Remaining Contractual Life (in Years)  
    Weighted Average Exercise Price  
    Number 
  
    $ 0.01 - 8.00 
     5,000  
     0.14  
    $6.80