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STOCK COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF OPTION ACTIVITIES
The following is a summary of the option activities during the six months ended June 30, 2025:
Number of Units
Outstanding, December 31, 202434,141 
Granted— 
Exercised— 
Forfeited— 
Expired (28,666)
Outstanding, June 30, 20255,475 
Exercisable, June 30, 20254,804 
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITIES
The following is a summary of the RSU activities during the six months ended June 30, 2025:
Number of Units
Outstanding, December 31, 202414,636 
Granted— 
Vested (3,788)
Forfeited(1,987)
Outstanding, June 30, 20258,861 
SHEDULE OF WARRANTS ACTIVITIES
The following is a summary of the warrant activities for warrants to purchase Class A common stock during the six months ended June 30, 2025:
Number of
Units
Outstanding, December 31, 2024277,201
Granted2,386,000
Exercised(415,500)
Outstanding, June 30, 20252,247,701
Exercisable, June 30, 2025924,701
SCHEDULE OF FAIR VALUE OF LONG TERM INCENTIVE PLAN
June 30, 2025
Market value of common stock on measurement date$1.76 
Risk free interest rate (1)3.65 %
Expected life in years2 years
Expected volatility (2)133 %
    
(1)The risk-free interest rate was determined 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 three and six months ended June 30, 2025 and 2024, the Company recorded the following stock compensation in general and administrative expense (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Stock options$$49 $12 $153 
Restricted stock units67 194 133 638 
Equity based warrants— — 30 
Long-term incentive plan107 — 173 — 
Total stock compensation expense$179 $243 $348 $792