NOTE
14 – INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN
Common
stock purchase options consisted of the following:
OPTIONS:
SCHEDULE
OF COMMON STOCK PURCHASE OPTIONS
|
|
#
of shares |
|
|
Weighted
Average
Exercise
Price
|
|
|
Weighted
Average
Remaining
Contractual
Life
(in years)
|
|
|
Aggregated
Intrinsic
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding
and exercisable, June 30, 2024 |
|
|
250,000 |
|
|
$ |
2.15 |
|
|
|
0.50 |
|
|
|
|
|
Granted |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
(10,000 |
) |
|
|
2.15 |
|
|
|
- |
|
|
|
- |
|
Expired
/ Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Outstanding
and exercisable, September 30, 2024 |
|
|
240,000 |
|
|
$ |
2.15 |
|
|
|
0.25 |
|
|
$ |
168,000 |
|
The
aggregate intrinsic value at September 30, 2024 represents the difference between the Company’s closing stock price of $2.85 on
September 30, 2024 and the exercise price of the in-the-money stock options.
The
following table summarizes information about stock options outstanding and exercisable at September 30, 2024.
SUMMARY OF STOCK OPTIONS OUTSTANDING
Exercise
Price |
|
Number
Outstanding
and
Exercisable
|
|
|
Weighted
Average
Remaining
Contractual
Life
|
|
|
Weighted
Average
Exercise
Price
|
|
OPTIONS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$2.15 |
|
|
240,000 |
|
|
|
0.25 |
|
|
$ |
2.15 |
|
$2.15 |
|
|
240,000 |
|
|
|
0.25 |
|
|
$ |
2.15 |
|
Totals |
|
|
240,000 |
|
|
|
0.25 |
|
|
$ |
2.15 |
|
|