Company: OPGN
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001829126-25-008771
Chunk: 29

Company: OPGEN INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 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 and six months ended June 30, 2025 and 2024, the Company recognized share-based compensation expense as follows: 

    Schedule of company recognized stock compensation expense

    Three Months Ended June 30,

    Six Months Ended 
June 30,

    2025

    2024

    2025

    2024

    Cost of services
     
    $
    -

    $
    -

    $
    -

    $
    -

    Research and development

    -

    22,964

    -

    48,820

    General and administrative

    101,250

    345,427

    182,958

    503,411

    Sales and marketing

    -

    -

    -

    4,397

    $
    101,250

    $
    368,391

    $
    182,958

    $
    556,628

No income tax benefit for share-based compensation arrangements was recognized in the unaudited condensed consolidated statements of operations and comprehensive income (loss) due to the Company’s anticipated net taxable loss position for the year ended December 31, 2025.

As of June 30, 2025, the Company does not have any unrecognized expense related to its stock options.

The Company did not grant any options during the six months ended June 30, 2025 or 2024. During the six months ended June 30, 2025, no options were forfeited or expired. During the six months ended June 30, 2024, 892 options were forfeited and 2,781 options expired.

The Company had stock options to acquire 138 shares of common stock outstanding at June 30, 2025.

Restricted Stock Units

During
the six months ended June 30, 2025, 19,418 restricted
stock units were granted, 507
restricted stock units vested and no restricted
stock units were forfeited.

During
the six months ended June 30, 2024, 61,053 restricted
stock units were granted and vested, and 4,163
restricted stock units were forfeited.