Company: IMNN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022120
Chunk: 13

Company: Imunon, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 13
---
 Stock Plan and Inducement Option
Grants for the nine months ended September 30, 2025 is presented below:

 Schedule of Stock Options Awards and Restricted Stock Grants 

    Stock Options  
    Restricted Stock Awards  
    Weighted Average 

    Options Outstanding  
    Weighted Average Exercise Price  
    Non-vested Restricted Stock Outstanding  
    Weighted Average Grant Date Fair Value  
    Contractual Terms of Equity Awards (in years) 
  
    Equity awards outstanding at January 1, 2025 
     107,865  
    $28.97  
     2,647  
    $14.85  

    Equity awards granted 
     35,693  
    $11.44  
     -  
    $-  

    Equity awards issued 
     -  
     -  
     2,647  
    $14.85  

    Equity awards terminated or forfeited 
     (118,572) 
    $25.56  
     -  
    $-  

    Equity awards outstanding at September 30, 2025 
     24,986  
    $20.12  
     -  
    $-  
     8.8 

    Equity awards exercisable at September 30, 2025 
     17,292  
    $24.85  

     8.4 

    Aggregate intrinsic value of equity awards exercisable at September 30, 2025 
    $-  

As
of September 30, 2025, there was $58,000
of total unrecognized compensation cost related to non-vested stock-based compensation arrangements. That cost is expected to be
recognized over a period of three 3 to four years. The weighted average grant date fair value of the stock options granted was
$11.44 during the nine months ended September 30, 2025.

The
fair values of stock options granted were estimated at the date of grant using the Black-Scholes option pricing model. The Black-Scholes
model was originally developed for use in estimating the fair value of traded options, which have different characteristics from the
Company’s stock options. The model is also sensitive to changes in assumptions, which can materially affect the fair value estimate.
The Company used the following assumptions for determining the fair value of options granted under the