Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 205

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 205
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 shows stock option activity for the year ended December 31, 2023 and quarter ended June 30, 2024:

Schedule of Stock Option Activity

|                                  |     | Shares    
 Available 
 for Grant |        |     | Outstanding 
 Stock       
 Awards      |        |     | Average  
 Exercise 
 Price    |      |     | Weighted     
 Remaining    
 Contractual  
 Life (years) |     |     | Weighted  
 Average   
 Aggregate 
 Intrinsic 
 Value     |         |
|:---------------------------------|:----|:----------|-------:|:----|:------------|-------:|:----|:---------|-----:|:----|:-------------|----:|:----|:----------|--------:|
| Outstanding at December 31, 2023 |     |           | 10,455 |     |             | 17,283 |     | $        | 8.20 |     |              | 2.4 |     | $         | 944,544 |
| Granted                          |     |           |      - |     |             |      - |     |          |    - |     |              |   - |     |           |         |
| Exercised                        |     |           |      - |     |             |      - |     |          |    - |     |              |   - |     |           |         |
| Forfeited/cancelled              |     |           |      - |     |             |      - |     |          |    - |     |              |   - |     |           |         |
| Outstanding at June 30, 2024     |     |           | 10,455 |     |             | 17,283 |     | $        | 8.20 |     |              | 1.9 |     | $         | 944,544 |

Restricted awards

The Company awards restricted stock to employees, directors, and certain outside consultants from time to time which are granted with various vesting terms including immediate vesting, service-based vesting, and performance-based vesting. In accordance with ASC 718, the Company has classified the restricted stock as equity.

For such issuances, the measurement date is the date of grant, and the Company recognizes compensation expense for the grant of the restricted shares, over the service period for the restricted shares that vest over a period of time and for performance-based vesting awards, the Company recognizes the expense when management believes it