Company: BKYI
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001437749-25-012824
Chunk: 428

Company: BIO KEY INTERNATIONAL INC
Filing Date: 2025-04-23
Form: 10-K
Item: Item 8
Chunk 428
---
  256.30         
 Outstanding, as of December 31, 2023   4.542    4,724   9,266  $311.16   0.96  $0 
 Granted   —    —   —   —         
 Exercised   —    —   —   —         
 Forfeited   (348)   —   (348)  93.60         
 Expired   (1,187)   (4,724)  (5,911)  380.51         
 Outstanding, as of December 31, 2024   3,007    -   3,007  $197.31    1.14   $0 
 Vested or expected to vest at December 31, 2024            3,007  $197.31   1.14  $0 
 Exercisable at December 31, 2024            3,007  $197.31   1.14  $0 

       61

   The options outstanding and exercisable at  December 31, 2024 were in the following exercise price ranges:
    
      Options Outstanding    Options Exercisable  
       Weighted    Weighted        Weighted  
       average    average        average  
   Number of    exercise    remaining    Number    exercise  
 Range of exercise prices   shares    price    life (in years)    exercisable    price  
 $93.60 - 169.92   1,857  $144.71   1.67   1,857  $144.71 
 $169.93 - 504.00   1,150   282.24   0.22   1,150   282.24 
 $93.60 - 504.00   3,007           3,007     

   The aggregate intrinsic value in the table above represents the total intrinsic value, based on the Company’s closing stock price of $1.71, $3.00, and $10.62 as of  December 31, 2024, 2023 and 2022, respectively,