Elys Game Technology, Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- 2. Accounting Policies and Estimates (Policies)
Notes Tables
Notes Details

16. Stock Options (Tables)

v3.23.2

16. Stock Options (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Stock option Assumptions

Assumptions	Six months ended June 30, 2023
Exercise price	$		0.89
Risk free interest rate			3.77	%
Expected life of options		10 years
Expected volatility of underlying stock			200.0	%
Expected dividend rate		0		%

Stock Option Activity

Stock Option Activity	Number of shares			Exercise price per share					Weighted average exercise price
Stock Option Activity
Exercise price per share
Weighted Average exercise price
Outstanding January 1, 2022		2,766,438			$	1.84	to	5.10		$	2.92
Granted		270,000				0.454	to	2.50			1.67
Forfeited/cancelled		(652,375	)			1.84	to	2.80			1.85
Exercised		—				—					—
Outstanding December 31, 2022		2,384,063			$	0.454	to	5.10		$	3.07
Granted		417,394						0.89			0.89
Forfeited/cancelled		(110,000	)			0.45	to	2.50			1.57
Exercised		—				—					—
Outstanding June 30, 2023		2,691,457			$	0.454	to	5.10		$	2.79

Stock Options - Stock options outstanding

Stock Options Outstanding
	Options outstanding					Options exercisable
Exercise price		Number of shares	Weighted average remaining years		Weighted average exercise price		Number of shares		Weighted average exercise price
$0.45		60,000	9.25				—
$0.89		417,394	9.64				279,013
$2.03		659,000	7.26				616,167
$2.50		100,000	8.75				25,000
$2.72		25,000	3.01				25,000
$2.80		216,250	6.23				203,099
$2.96		70,313	6.02				70,313
$3.43		25,000	8.47				9,000
$4.03		1,020,000	8.01				513,333
$4.07		25,000	0.13				9,000
$4.20		25,000	7.84				17,000
$5.10		48,500	8.21				48,500
		2,691,457	7.83	$	2.79		1,815,425	$	2.68

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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