Company: PTPI
Filing Date: 2025-02-14
Form Type: S-1/A
Source: 0001410578-25-000137
Chunk: 267

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-02-14
Form: S-1/A
Chunk 267
---
/cancelled           |   |         — | ​ | ​              |    — | ​ |                — | ​ | ​                   |  — |
| Less: options exercised                   | ​ |         — | ​ | ​              |    — | ​ |                — | ​ | ​                   |  — |
| Options outstanding at September 30, 2024 |   |   509,133 | ​ | $              | 4.75 | ​ |             8.71 | ​ | $                   |  — |
| Options exercisable at September 30, 2024 |   |   454,600 | ​ | $              | 5.15 | ​ |             8.65 | ​ | $                   |  — |

Stock-based compensation expense recognized for the nine months ended September 30, 2024, and 2023 was $ and $, respectively, and is recorded in general and administrative expenses in the consolidated statements of operations. As of September 30, 2024, there is unrecognized stock-based compensation expense (excluding performance awards). Stock-based compensation expense recognized for the three months ended September 30, 2024, and 2023 was $ and $, respectively.

F-45

11) Common Stock Warrants

The following is a summary of warrants for the nine months ended September 30, 2024:

| ​                                                        
 ​                                                        
 ​                                                        
 ​                                                        
 ​                                                        | ​ 
 ​ 
 ​ 
 ​ |                  ​ 
                  ​ 
                  ​ 
                  ​ 
 Number of Warrants | ​ 
 ​ 
 ​ 
 ​ | ​                
 ​                
 ​                
 Weighted-Average 
 Exercise Price   |      ​ 
      ​ 
      ​ | ​ 
 ​ 
 ​ 
 ​ |                ​ 
                ​ 
                ​ 
        Remaining 
 Contractual Term | ​ 
 ​ 
 ​ 
 ​ | ​           
 Aggregate   
 Intrinsic   
 Value ($ in 
 thousands)  | ​ |
|:---------------------------------------------------------|:--|-------------------:|:--|:-----------------|-------:|:--|-----------------:|:--|:------------|:--|
| Warrants outstanding - December 31, 2023                 |   |          8,203,839 | ​ | $                |  14.93 | ​ |              4.3 | ​ | $           | — |
| Warrants issued                                          |   |                  — | ​ | ​                |      — |