Mobivity Holdings Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders’ Equity (Deficit) (Tables)

Stockholders’ Equity (Deficit) (Tables)

9 Months Ended

Sep. 30, 2014

	Options
Outstanding at December 31, 2013		5,672,464
Granted		898,500
Exercised		-
Canceled/forfeited/expired		(905,933	)
Outstanding at September 30, 2014		5,665,031

Stock-Based Compensation Expense

	Three months ended September 30,				Nine months ended September 30,
	2014		2013		2014		2013
General and administrative	$	311,047	$	386,347	$	925,383	$	662,509
Sales and marketing		29,258		656,396		116,733		1,656,052
Engineering, research, and development		16,588		3,081		26,852		5,056
	$	356,892	$	1,045,824	$	1,068,968	$	2,323,618

Valuation Assumptions

	Nine months ended September 30,
	2014			2013
Risk-free interest rate		1.97	%		1.27	%
Expected life (years)		6.08			5.57
Expected dividend yield		0	%		0	%
Expected volatility		132.0	%		131.89	%

Summary of non-employee warrant activity

	Number
	Outstanding
Outstanding at December 31, 2013		150,556
Granted		-
Exercised		-
Canceled/forfeited/expired		(555	)
Outstanding at September 30, 2014		150,001

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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