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STOCK COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF OPTION ACTIVITIES
Following is a summary of the option activities during the years ended December 31, 2025 and 2024:
Number of
Units
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual
Term (in years)
Outstanding, December 31, 202311,615$199.50 2.09
Granted$— 
Exercised$— 
Forfeited(977)$248.40 
Expired(4,942)$199.20 
Outstanding, December 31, 20245,696$190.80 0.65
Granted— $— 
Exercised— $— 
Forfeited$162.00 
Expired(5,324)$168.15 
Outstanding, December 31, 2025372$610.85 1.62
Exercisable, December 31, 2025300$610.85 1.62
SCHEDULE OF RESTRICTED STOCK ACTIVITIES
The following is a summary of the restricted stock activities during the years ended December 31, 2025 and 2024.
Number of UnitsWeighted
Average
Grant Date Fair
Value
Outstanding, December 31, 202313,398$161.10 
Granted533$31.20 
Vested (4,938)$203.10 
Forfeited(6,771)$109.80 
Outstanding, December 31, 20242,222$183.00 
Granted0$— 
Vested (1,223)$219.29 
Forfeited(288)$153.11 
Outstanding, December 31, 2025711$120.91 
SHEDULE OF WARRANTS ACTIVITIES
The following is a summary of the warrant activities during the years ended December 31, 2025 and 2024:
Number of
Units
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual
Term (in years)
Outstanding, December 31, 202346,200$197.10 3.72
Granted— 
Exercised— 
Outstanding, December 31, 202446,200$197.10 2.70
Granted397,667
Contractual increase for share sales29,598
Exercised(324,167)
Outstanding, December 31, 2025149,298$67.27 1.53
Exercisable, December 31, 2025149,298$67.27 1.53
SCHEDULE OF FAIR VALUE OF LONG TERM INCENTIVE PLAN
December 31, 2025
Common stock issuable upon exercise of warrants
Market value of common stock on measurement date$1.70 
Risk free interest rate (1)
3.50 - 3.53%
Expected life in years
1.50 - 2.50 years
Expected volatility (2)
101 - 187%
(1) The risk-free interest rate was determined by management using the applicable Treasury Bill as of the measurement date.
(2) The historical trading volatility was based on historical fluctuations in stock price for Boxlight.
SCHEDULE OF STOCK COMPENSATION EXPENSE
For the years ended December 31, 2025 and 2024, the Company recorded the following stock compensation expense which is included in general and administrative expense in the Company’s consolidated statement of operations and comprehensive loss (in thousands):
20252024
Stock options$11 $68 
Restricted stock units262 962 
Equity-based Warrants30 
Long-term incentive plan165 358 
Total stock compensation expense$468 $1,389