Company: GEDC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023834
Chunk: 54

Company: CalEthos, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 54
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 material adverse effect on the Company’s business, operating results, cash flows or financial condition should
such litigation be resolved unfavorably.

Note
6 – Stockholders Equity

 STOCKHOLDERS EQUITY

Stock
Options

 SCHEDULE OF STOCK OPTION ACTIVITIES

    Number of Shares  
    Weighted Average Strike Price/Share  
    Weighted Average Remaining Contractual Term (Years)  
    Weighted Average Grant Date Fair Value/Share  
    Intrinsic Value 
  
    Balance, December 31, 2024 
     8,204,000  
     0.97  
     7.8  
     0.94  
     0.81 
  
    Granted 
     350,000  
     1.99  
     8.7  
     1.97  
     - 
  
    Forfeited 
     1,837,500  
     2.33  
     9.1  
     2.08  
     – 
  
    Exercised 
     -  
     –  
     –  
     –  
     – 
  
    Expired 
     -  
     -  
     -  
     -  
     - 
  
    Balance, June 30, 2025 
     6,716,500  
     0.65  
     6.6  
     0.63  
     0.00 
  
    Vested and exercisable, June 30, 2025 
     3,199,833  
     0.64  
     5.5  
     0.62  
     0.00 
  
    Unvested, June 30, 2025 
     3,866,667  
    $0.67  
     8.3  
    $0.64  
    $0.00 

For
the three and six months ended June 30, 2025, the total equity-based compensation expense was approximately $(145,000) and $(103,000),
respectively. During the three months ended June 30, 2025, the Company recorded a recapture of approximately $236,000 of equity-based
compensation related to the non-performance