Sintx Technologies, Inc. Stock Compensation Disclosure
| December 31, 2025 | ||||||||||||||||
Weighted- Average | Weighted- Average Remaining Contractual | Intrinsic | ||||||||||||||
| Options | Price | (Years) | Value | |||||||||||||
| As of December 31, 2024 | 35 | $ | 18,872 | |||||||||||||
| Granted | 170,000 | 3.65 | - | |||||||||||||
| Exercised | - | - | ||||||||||||||
| Forfeited | - | - | ||||||||||||||
| Expired | (9 | ) | 17,540 | - | - | |||||||||||
| As of December 31, 2025 | 170,026 | $ | 6.65 | $ | 77,600 | |||||||||||
| Exercisable at December 31, 2025 | 170,026 | $ | 6.65 | $ | 77,600 | |||||||||||
| Vested and expected to vest at December 31, 2025 | 170,026 | $ | 6.65 | $ | 77,600 | |||||||||||
| December 31, 2024 | ||||||||||||||||
Weighted- Average |
Weighted- Average Remaining Contractual Life |
Intrinsic | ||||||||||||||
| Options | Price | (Years) | Value | |||||||||||||
| As of December 31, 2023 | 60 | $ | 21,954 | |||||||||||||
| Granted | - | - | ||||||||||||||
| Exercised | - | - | ||||||||||||||
| Forfeited | (24 | ) | 3,861,275 | - | - | |||||||||||
| Expired | (1 | ) | 891,768,343 | - | - | |||||||||||
| As of December 31, 2024 | 35 | $ | 18,872 | $ | ||||||||||||
| Exercisable at December 31, 2024 | 35 | $ | 24,292 | $ | ||||||||||||
| Vested and expected to vest at December 31, 2024 | 10 | $ | 38,168 | $ | ||||||||||||
The Company estimates the fair value of each stock option on the grant date using the Black-Scholes-Merton valuation model, which requires several estimates including an estimate of the fair value of the underlying common stock on grant date. The expected volatility was based on an average of the historical volatility of the Company. The expected term was contractual life of option. The risk-free interest rate was based on the U.S. Treasury yield curve in effect at the time of grant for the expected term of the option.
Unrecognized stock-based compensation as of December 31, 2025 is as follows (in thousands):
Unrecognized Stock-Based Compensation | Weighted Average Remaining Recognition | |||||||
| Stock options | $ | |||||||
| Stock grants | $ | 1,497 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 20, 2026 | Showing above |
| 2024 | Mar 19, 2025 | |
| 2023 | Mar 27, 2024 | |
| 2022 | Mar 29, 2023 | |
About Stock Compensation Disclosures
Stock-based compensation disclosures detail the equity awards granted to employees and executives — including stock options, restricted stock units (RSUs), and performance shares — along with the valuation methods and assumptions used to expense them. This section reveals the true cost of talent retention and the alignment between management incentives and shareholder interests.
Key signals: total unrecognized compensation expense and its expected recognition period signal future earnings headwinds from already-granted awards. For stock options, examine Black-Scholes assumptions — expected volatility, risk-free rate, and expected term — as understating any of these reduces reported compensation expense. Compare stock compensation expense as a percentage of revenue against peers to assess dilution cost. Watch vesting schedules for acceleration clauses tied to change-of-control events. Performance-based awards with undemanding targets may indicate weak governance. Add back stock compensation to operating cash flow to calculate a more conservative free cash flow figure.