Company: JUNS
Filing Date: 2025-11-26
Form Type: S-1
Source: 0001493152-25-025204
Chunk: 260

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-26
Form: S-1
Chunk 260
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 options expense as of December 31, 2024.

On January 1, 2023, the Company granted a non-qualified stock option to purchase 562,500shares of Common Stock to our Chief Financial Officer, at an exercise price of $ 1.33per share. The option had a grant date fair value of $ 589,500.

On April 1, 2023, the Company granted non-qualified stock option to purchase an aggregate of 562,500shares of Common Stock to an employee and consultants, at an exercise price of $ 1.33per share. The options had an aggregate grant date fair value of $ 577,500.

On January 24, 2024, the Company granted 180,000stock options to a consultant with an exercise price of $ 1.33per share. The option had a grant date fair value of $ 190,560.

On April 17, 2024, the Company granted 67,500stock options to a consultant with an exercise price of $ 1.33per share. The option had a grant date fair value of $ 73,459.

See Note 3 – Related Party Transactions above for details related to options issued for forgiveness of accrued salaries.

| F-18 |

JUPITER NEUROSCIENCES, INC.

NOTES TO FINANCIAL STATEMENTS

December 31, 2024 and 2023

A summary of activity for the year ended December 31, 2024 and 2023 is presented below:

Schedule of Stock Option Activity

|                                     |     | Number of Options |            |   |     | Weighted Average Exercise Price |      |     | Weighted Average Contractual Term (Years) |      |     | Aggregate Intrinsic Value |             |
|:------------------------------------|:----|:------------------|-----------:|:--|:----|:--------------------------------|-----:|:----|:------------------------------------------|-----:|:----|:--------------------------|------------:|
| Outstanding as of December 31, 2022 |     |                   |  6,682,560 |   |     | $                               | 0.89 |     |                                           | 6.40 |     | $                         |   3,376,725 |
| Granted                             |     |                   |  3,767,955 |   |     |                                 | 1.33 |     |                                           |      |     |                           |