SINTX Technologies, Inc. General form of registration statement for all companies including face-amount certificate companies

Stock-Based Compensation (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2022

Dec. 31, 2021

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		8,339	$	391		8.7		87,553
Granted		3,570		45		10.0		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
As of September 30, 2022		11,908	$	238		8.4	$	-
Exercisable at September 30, 2022		5,373	$	464		7.8	$	-
Vested and expected to vest at September 30, 2022		11,051	$	248		8.4	$	-

			September 30, 2021
			Weighted- Average		Weighted- Average Remaining Contractual Life		Intrinsic
	Options		Exercise Price		(Years)		Value
As of December 31, 2020		4,654	$	553		9.3		511,518
Granted		3,685		193		10.0		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
As of September 30, 2021		8,339	$	398		8.9	$	417,164
Exercisable at September 30, 2021		2,218	$	1,226		8.6	$	-
Vested and expected to vest at September 30, 2021		8,339	$	398		8.9	$	417,164

A summary of the Company’s outstanding stock option activity for the years ended December 31, 2021 and 2020 is as follows:

Summary of Stock Option Activity

			December 31, 2021
			Weighted- Average Exercise		Weighted- Average Remaining Contractual Life		Intrinsic
	Options		Price		(Years)		Value
As of December 31, 2020		4,654	$	553		9.3		511,518
Granted		3,685		193		10.0		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
As of December 31, 2021		8,339	$	391		8.7	$	87,553
Exercisable at December 31, 2021		2,682	$	1,004		8.3	$	46,449
Vested and expected to vest at December 31, 2021		8,303	$	391		8.7	$	86,703

			December 31, 2020
			Weighted- Average Exercise		Weighted- Average Remaining Contractual Life		Intrinsic
	Options		Price		(Years)		Value
As of December 31, 2019		4	$	744,669		5.3		-
Granted		4,650		5		10.0		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
As of December 31, 2020		4,654	$	553		9.3	$	511,518
Exercisable at December 31, 2020		4	$	697,742		4.3	$	-
Vested and expected to vest at December 31, 2020		4,654	$	553		9.3	$	511,518

	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	%

	Year Ended
	December 31, 2021
Weighted-average risk-free interest rate	0.73%-0.85	%
Weighted-average expected life (in years)	5.3-5.9
Expected dividend yield	-	%
Weighted-average expected volatility	138%-139	%

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

Unrecognized stock-based compensation as of December 31, 2021, is as follows (in thousands):