SINTX Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

A summary of the Company’s outstanding stock option activity for the three months ended September 30, 2022, and 2021 is as follows:

Schedule of Stock Option Activity

				September 30, 2022
				Weighted- Average		Weighted- Average Remaining Contractual Life		Intrinsic
	Options			Exercise Price		(Years)		Value
As of December 31, 2021		833,892		$	3.91		8.7		87,553
Granted		357,000			0.45		10.0		-
Exercised		-			-		-		-
Forfeited		-			-		-		-
Expired		(3	)		139,237.86		-		-
As of September 30, 2022		1,190,889		$	2.38		8.4	$	-
Exercisable at September 30, 2022		537,246		$	4.64		7.8	$	-
Vested and expected to vest at September 30, 2022		1,105,071		$	2.48		8.4	$	-

			September 30, 2021
			Weighted- Average		Weighted- Average Remaining Contractual Life		Intrinsic
	Options		Exercise Price		(Years)		Value
As of December 31, 2020		465,393	$	5.53		9.3		-
Granted		368,500		1.93		10.0		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
As of September 30, 2021		833,893	$	3.98		8.9	$	417,164
Exercisable at September 30, 2021		221,834	$	12.26		8.6	$	-
Vested and expected to vest at September 30, 2021		833,893	$	3.98		8.9	$	417,164

	September 30, 2022
Weighted-average risk-free interest rate		1.70	%
Weighted-average expected life (in years)		5.5
Expected dividend yield		-	%
Weighted-average expected volatility		131.1	%

Unrecognized stock-based compensation as of September 30, 2022, is as follows (in thousands):