Options (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

The following table summarizes the assumptions used to estimate the fair value of the stock options granted for the years ended December 31, 2024 and 2023:

Schedule of Fair Value of Stock Options

	2024			2023
Expected Volatility		-	%		35% – 45 %
Risk Free Interest Rate		-	%		2.87% – 4.72 %
Expected life of options		-			3.0 – 5.0

Schedule of Option Activity

The following table represents option activity for the years ended December 31, 2024 and 2023:

Schedule of Option Activity

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2022		4,462		$	2,000.00		5.25
Exercisable – December 31, 2022		4,122		$	2,000.00		5.28	$	-
Granted		1,894		$	29.00
Forfeited		(25	)	$	2,000.00
Vested		4,398			-
Outstanding – December 31, 2023		6,331		$	1,426.52		3.80
Exercisable – December 31, 2023		4,398		$	1,426.52		4.27	$	-
Granted		-		$	-
Forfeited		1,087		$	-
Expired		500		$	-
Vested		4,076			-
Outstanding – December 31, 2024		4,744		$	1,532.26		3.34
Exercisable – December 31, 2024		4,076		$	1,532.26		3.61	$	-

Blue Star Foods Corp. 10-K