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STOCK COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF OPTION ACTIVITIES
The following is a summary of the option activities during the nine months ended September 30, 2025:
Number of Units
Outstanding, December 31, 202434,141 
Granted— 
Exercised— 
Forfeited— 
Expired (28,859)
Outstanding, September 30, 20255,282 
Exercisable, September 30, 20254,845 
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITIES
The following is a summary of the RSU activities during the nine months ended September 30, 2025:
Number of Units
Outstanding, December 31, 202414,636 
Granted— 
Vested (5,537)
Forfeited(2,979)
Outstanding, September 30, 20256,120 
SHEDULE OF WARRANTS ACTIVITIES
The following is a summary of the warrant activities for warrants to purchase Class A common stock during the nine months ended September 30, 2025:
Number of
Units
Outstanding, December 31, 2024277,201
Granted2,386,000
Contractual increase for share sales177,586
Exercised(1,945,000)
Outstanding, September 30, 2025895,787
Exercisable, September 30, 2025895,787
SCHEDULE OF FAIR VALUE OF LONG TERM INCENTIVE PLAN
September 30, 2025
Market value of common stock on measurement date$2.41 
Risk free interest rate (1)3.56 %
Expected life in years1.75 years
Expected volatility (2)172 %
    
(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 nine months ended September 30, 2025 and 2024, the Company recorded the following stock compensation in general and administrative expense (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Stock options$— $$12 $75 
Restricted stock units65 161 197 883 
Equity based warrants— — 30 
Long-term incentive plan46 274 220 274 
Total stock compensation expense$111 $441 $459 $1,233