Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 819

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 6
Chunk 819
---
 We recorded $174,544 and $63,969 of expense related to those activities
for the years ended December 31, 2024 and 2023, respectively.

Income
Taxes

We
account for income taxes using the assets and liability method, which recognizes deferred tax assets and liabilities determined based
on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year
in which the differences are expected to affect taxable income. Valuation allowances are established to reduce deferred tax assets when,
based on available objective evidence, it is more likely than not that the benefit of such assets will not be realized. We recognize
in the consolidated financial statements only those tax positions determined to be more likely than not of being sustained.

Computation
of Net Loss per Common Share

Basic
net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the
assumption that all potential common stock equivalents (convertible notes payable, stock options, and warrants) are converted or exercised.
The calculation of diluted net loss per share excludes potential common stock equivalents if the effect is anti-dilutive. Our weighted
average common shares outstanding for basic and diluted are the same because the effect of the potential common stock equivalents is
anti-dilutive.

We
had the following dilutive common stock equivalents as of December 31, 2024 and 2023 which were excluded from the calculation because
their effect was anti-dilutive.

 Schedule
of Dilutive Common Stock Equivalents Excluded From Antidilutive

    2024  
    2023 

    December 31, 

    2024  
    2023 
  
    Outstanding employee options 
     4,398,000  
     7,297,355 
  
    Outstanding restricted stock units 
     2,711,580  
     1,799,025 
  
    Outstanding warrants 
     21,601,207  
     10,163,222 
  
    Shares Payable 
     2,039,622  
     1,465,908 

    Antidilutive securities 
     30,750,409  
     20,725,510 

Recent
Accounting Pronouncements

Accounting
standards promulgated by the FASB are subject to change. Changes in such standards may have an impact