As of June 30, 2026, the Company maintained two stock incentive plans: the Katapult 2014 Plan and the Katapult 2021 Plan.

No equity awards have been granted under the Katapult 2014 Plan since October 2020, and the Company does not expect to be grant any additional awards under this plan.

A summary of the status of the stock options under the Katapult 2014 Plan as of June 30, 2026, and changes during the six months then ended is presented below:


	Number of Options	Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Term (In Years)	Aggregate Intrinsic Value
Balance - December 31, 2025	255,189	$	6.97	3.4	$	350
Granted	—	—
Exercised	—	—
Forfeited	—	—
Expired	(40)	12.50
Balance - June 30, 2026	255,149	$	6.97	2.9	$	381

No stock options were exercised during either the six months ended June 30, 2026 or 2025.

The 2021 Plan provides for the issuance of equity awards to employees, directors and consultants. Awards granted under the plan generally vest over one to four years. As of June 30, 2026, there were 376,261 shares of common stock available for future issuance under our 2021 equity incentive plan.

The following table summarizes the Company’s RSU activity under the 2021 Plan during the six months ended June 30, 2026:


	Restricted Stock Units
		Shares	Weighted- Average Grant Date Fair Value
Balance - December 31, 2025		115,758	$	16.04
Granted		62,937	7.15
Vested		(75,117)	15.77
Forfeited		(6,443)	17.39
Balance - June 30, 2026		97,135	$	10.40

Stock-Based Compensation Expense— Stock-based compensation expense was $0.3 million and $0.9 million for the three months ended June 30, 2026 and 2025, respectively, and $0.9 million and $1.9 million for the six months ended June 30, 2026 and 2025, respectively. Stock-based compensation expense is included in operating expenses in the condensed consolidated statements of operations.