Company: GEDC
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010244
Chunk: 41

Company: CalEthos, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 8
Chunk 41
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425,000 was capitalized
as data center campus costs and approximately $42,000 was expensed.

Warrants

The following table summarized
warrants outstanding as of March 31, 2025:

SCHEDULE
OF WARRANTS ACTIVITY

    Number of Shares  
    Weighted Average Strike Price/Share  
    Weighted Average Remaining Contractual Term (Years)  
    Weighted Average Grant Date Fair Value/Share  
    Intrinsic Value 
  
    Balance, December 31, 2024 
     8,004,678  
         0.95  
     4.3  
     0.83  
     0.62 
  
    Granted 
     -  
     -  
     -  
     -  
     – 
  
    Forfeited 
     -  
     -  
     -  
     -  
     – 
  
    Exercised 
     —  
     –  
     –  
     –  
     – 
  
    Expired 
     -  
     -  
     -  
     -  
     - 
  
    Balance, 
March 31, 2025 
     8,004,678  
     0.95  
     4.0  
     0.83  
     0.27 
  
    Vested and exercisable, March 31, 2025 
     8,004,678  
     0.95  
     4.0  
     0.83  
     0.27 
  
    Unvested, March 31, 2025 
     –  
    $–  
     –  
    $–  
    $– 

Note
8 – Subsequent Events

 SUBSEQUENT EVENTS

The
Company evaluated all events that occurred after the balance sheet date through the date the financial statements were issued to determine
if they must be reported. The management determined there are no reportable events except for the following:

On
April [22], 2025, the Company borrowed $250,000
from an entity formed for the benefit of Sean Fontenot, a director of the Company, and his family.
The loan is evidenced by a promissory note