Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 76

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 unit compensation expense, and
$135,079 of stock-based compensation expense for employee options.

    17

Stock-Based Compensation Expense from Stock Options and Warrants

The impact on our results of operations of recording
stock-based compensation expense for the three months ended March 31, 2025 and 2024 were as follows:

 Schedule of Stock-based Compensation Expense

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    General and administrative 
    $3,203  
    $(42,327)
  
    Sales and marketing 
     101,007  
     107,862 
  
    Engineering, research, and development 
     30,868  
     47,125 
  
    Total 
    $135,078  
    $112,660 

Due
to the forfeiture of unvested amortized expenses in 2024, the company recorded a $42,327 gain in G&A stock-based amortized
expense for the three months ended March 31, 2024.

Valuation Assumptions

The fair value of each stock option award was calculated
on the date of the grant using the Black-Scholes option pricing model. The following weighted average assumptions were used for the three
months ended March 31, 2025 and 2024.

 Schedule
of  Valuation Assumptions

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    Risk-free interest rate 
     —% 
     —%
  
    Expected life (years) 
     —  
     — 
  
    Expected dividend yield 
     —% 
     —%
  
    Expected volatility 
     —% 
     —%

The risk-free interest rate assumption is based upon
published interest rates appropriate for the expected life of our employee stock options.

The expected life of the stock options represents
the weighted-average period that the stock options are expected to remain outstanding and was determined based on the historical experience
of similar awards, giving consideration to the contractual terms of the stock-based awards, vesting schedules and expectations of future
employee behavior as influenced by changes to the terms of the Company’s stock-based awards.

The dividend yield assumption is based on our history
of not paying dividends and no future expectations of dividend payouts.

The expected volatility in 2025 and 2024 is based