Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 75

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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Stock Option Activity

The following table summarizes stock option activity
for the three months ended March 31, 2025.

 Schedule
of Share Based Payment Arrangement Options Activity

    Options  
    Weighted Average Exercise Price  
    Weighted Average Remaining Contractual Term (Years) 
  
    Outstanding at December 31, 2023 
     7,297,355  
    $0.90  
     7.28 
  
    Granted 
     260,000  
    $—  
     — 
  
    Forfeited/canceled 
     (981,020) 
    $—  
     — 
  
    Expired 
     (2,178,335) 
    $—  

    Outstanding at December 31, 2024 
     4,398,000  
    $0.92  
     7.40 
  
    Forfeited/canceled 
     (237,919) 
    $—  
     — 
  
    Expired 
     (209,581) 
    $—  
     — 
  
    Outstanding at March 31, 2025 
     3,950,500  
    $0.94  
     7.17 

    Expected to vest at March 312025 
     3,950,500  
    $0.94  
     7.17 
  
    Exercisable at March 31, 2025 
     2,390,482  
    $0.97  
     6.59 
  
    Unrecognized expense at March 31, 2025 
    $921,027  
        
     — 

2024

During the three months ended March 31, 2024
no employee stock options were issued.

During the twelve months ended December 31, 2024 we
had a total stock-based compensation expense of $193,910 this is comprised of $81,250 in restricted stock unit compensation expense, and
$112,660 of stock-based compensation expense for employee options.

2025

During the three months ended March 31, 2025 no employee
stock options were issued.

During the three months ended March 31, 2025 we
had a total stock-based compensation expense of $216,327 this is comprised of $81,248 in restricted stock