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Stockholders' Equity
6 Months Ended
Jun. 30, 2017
Stockholders Equity Deficit [Abstract]  
Stockholders' Equity

Note 6. Stockholders' Equity

Stock Options

Stock Incentive Plans

The Company has a share-based compensation plan which provides for the granting of equity awards, including qualified incentive and non-qualified stock options, stock appreciation awards and restricted stock awards to employees, directors, consultants and advisors; the 2017 Equity Incentive Plan of Fuse Medical, Inc. (the “2017 Plan”), which was adopted by the Company’s Board of Directors on April 5, 2017. The awards are subject to a vesting schedule as set forth in individual agreements. No equity awards have been issued pursuant to the 2017 Plan.

 

The following summary reflects equity awards granted prior to the 2017 Plan and the stock option activity during the six-months ended June 30, 2017 is presented below:

 

 

 

No. of

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Term

 

 

Aggregate

Intrinsic

Value

 

Balance outstanding at December 31, 2016

 

 

1,304,788

 

 

$

0.22

 

 

 

4.3

 

 

$

35,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance outstanding at June 30, 2017

 

 

1,304,788

 

 

$

0.22

 

 

 

3.8

 

 

$

183,000

 

Exercisable at June 30, 2017

 

 

1,304,788

 

 

$

0.22

 

 

 

3.8

 

 

$

183,000