Company: OPGN
Filing Date: 2025-10-01
Form Type: 10-Q
Source: 0001829126-25-007819
Chunk: 27

Company: OPGEN INC
Filing Date: 2025-10-01
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 Price

    Expiration

    March 31, 2025

    December 31, 2024

    February 2015
     
    $
    660,000.00

    February 2025

    -

    3

    November 2020
     
    $
    504.40

    May 2026

    1,211

    1,211

    February 2021
     
    $
    780.00

    August 2026

    2,084

    2,084

    May 2023
     
    $
    7.785

    - (1)

    889,274

    889,274

    October 2023
     
    $
    3.36

    April 2029

    200,000

    200,000

    1,092,569

    1,092,572

    (1)
    Warrants will be exercisable beginning on the date of stockholder approval of the exercisability of the warrants under Nasdaq rules. Once exercisable, the warrants will expire on the five-year anniversary of the date of such stockholder approval.

Stock Compensation

2015 Equity Incentive Plan

In April 2015, the Company adopted, and the Company’s stockholders approved, the 2015 Equity Incentive Plan (the “2015 Plan”); the 2015 Plan became effective upon the execution and delivery of the underwriting agreement for the Company’s initial public offering in May 2015. The 2015 Plan provides for the granting of incentive stock options within the meaning of Section 422 of the Code to employees and the granting of non-qualified stock options to employees, non-employee directors and consultants. The 2015 Plan also provides for the grant of restricted stock, restricted stock units, stock appreciation rights, dividend equivalents and stock payments to employees, non-employee directors and consultants. Effective April 1, 2025, which is the ten (10) year anniversary of the adoption of the 2015 Plan, no additional grants may be made under the 2015 Plan.

    19

Stock Options

For the three months ended March 31, 2025 and 2024, the Company recognized share-based compensation expense as follows:

    Schedule of company recognized stock compensation expense

    Three Months Ended March 31,

    2025