Company: AEMD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001683168-25-008271
Chunk: 50

Company: AETHLON MEDICAL INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 50
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095  
    $472,164 

8. STOCK COMPENSATION

All of the stock-based compensation expense recorded
during the three and six months ended September 30, 2025 and 2024, aggregating $72,442 and $113,493 for the three-month periods and $144,884
and $252,821 for the six-month periods, respectively, is included in payroll and related expense in the accompanying condensed consolidated
statements of operations. Stock-based compensation expense recorded during the three and six months ended September 30, 2025 and 2024
represented an impact on basic and diluted loss per common share of $(0.18) and $(0.65) for the three-month periods and $(0.47) and $(1.89)
for the six-month periods, respectively.

Stock Option Activity

We did not issue any stock options during the
six-months ended September 30, 2025 and 2024.

Stock options outstanding that have vested as
of September 30, 2025 and stock options that are expected to vest subsequent to September 30, 2025 are as follows:

    Schedule of stock options outstanding 

    Number of Shares  
    Weighted Average Exercise Price  
    Weighted Average Remaining Contractual Term in Years 
  
    Vested 
     624  
    $1,314.86  
     5.57 
  
    Expected to vest 
     35  
    $1,128.00  
     6.36 
  
    Total 
     659  

A summary of stock option activity during the
three months ended September 30, 2025 is presented below:

    Schedule of stock option activity

    Amount

    Range of
Exercise Price

    Weighted
Average 
Exercise
Price

    Outstanding at beginning of year

    659

    $
    1,024.00 – 2,016.00

    $
    1,305

    Granted

    –

    $
    –

    $
    –

    Cancelled/Expired

    –

    $
    –

    $
    –

    Outstanding September 30, 2025

    659

    $
    1,024.00 – 2,016.00

    $
    1,305

    Exercisable, September 30, 2025

    624

    $
    1,024.00 – 2