Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 495

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 5
Chunk 495
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 options to officers, directors and consultants for services rendered. Options
will vest and expire according to terms established at the issuance date of each grant. Stock grants, which are generally time vested,
will be measured at the grant date fair value and charged to operations ratably over the vesting period.

The
fair value of stock options granted as stock-based compensation will be determined utilizing the Black-Scholes option-pricing model,
and can be affected by several variables, the most significant of which are the life of the equity award, the exercise price of the stock
option as compared to the fair market value of the common stock on the grant date, and the estimated volatility of the common stock.
Estimated volatility will be based on the historical volatility of the Company’s common stock over an appropriate calculation period,
or, if not available, by reference to the volatility of a representative sample of comparable public companies. The risk-free interest
rate will be based on the U.S. Treasury yield curve in effect at the time of grant. The fair market value of the common stock will be
determined by reference to the quoted market price of the Company’s common stock on the grant date, or, if not available, by reference
to an appropriate alternative valuation methodology.

The
Company will recognize the fair value of stock-based compensation awards in general and administrative costs or in software development
costs, as appropriate, in the Company’s consolidated statements of operations. The Company will issue new shares of common stock
to satisfy stock option exercises.

As
of December 31, 2024 and 2023, the Company did not have any outstanding stock options.

Earnings
(Loss) Per Share

The
Company’s computation of earnings (loss) per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as
the income (loss) attributable to common stockholders divided by the weighted average common shares outstanding for the period. Diluted
EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible notes
payable, convertible preferred stock, warrants and stock options) as if they had been converted at the beginning of the periods presented,
or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or
decrease loss per share) are excluded from the calculation of diluted EPS.

As
of December 31, 2024 and 2023, the following shares were iss