Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 30

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 1
Chunk 30
---
 the three months ended March 31, 2025, the Company issued 1,946,232
shares for $471,116 from equity payable and recorded a loss on settlement of debt for $150,199. A total of $230,438 of interest was accrued
and settled to equity payable.

As of the March 31, 2025 the Company had an equity payable balance of $331,301.
These share consist of $230,439 interest payable to be settled into 649,560 shares and $100,862 in RSU’s payable of 93,390 shares.

    16

Stock-based Plans

Stock Option Activity

The following table summarizes stock option activity
for the three months ended March 31, 2025.

 Schedule
of Share Based Payment Arrangement Options Activity

    Options  
    Weighted Average Exercise Price  
    Weighted Average Remaining Contractual Term (Years) 
  
    Outstanding at December 31, 2023 
     7,297,355  
    $0.90  
     7.28 
  
    Granted 
     260,000  
    $—  
     — 
  
    Forfeited/canceled 
     (981,020) 
    $—  
     — 
  
    Expired 
     (2,178,335) 
    $—  

    Outstanding at December 31, 2024 
     4,398,000  
    $0.92  
     7.40 
  
    Forfeited/canceled 
     (237,919) 
    $—  
     — 
  
    Expired 
     (209,581) 
    $—  
     — 
  
    Outstanding at March 31, 2025 
     3,950,500  
    $0.94  
     7.17 

    Expected to vest at March 312025 
     3,950,500  
    $0.94  
     7.17 
  
    Exercisable at March 31, 2025 
     2,390,482  
    $0.97  
     6.59 
  
    Unrecognized expense at March 31, 2025 
    $921,027  
        
     — 

2024

During the three months ended March