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)

3 Months Ended

Mar. 31, 2015

	Options
Outstanding at December 31, 2014		5,399,320
Granted		1,789,500
Exercised		-
Canceled/forfeited/expired		(1,810,078	)
Outstanding at March 31, 2015		5,361,658

Stock-Based Compensation Expense

	Three months ended March 31,
	2015		2014
General and administrative	$	186,803	$	278,899
Sales and marketing		59,244		41,364
Engineering, research, and development		18,042		(4,884	)
	$	264,089	$	317,351

Valuation Assumptions

	Three months ended March 31,
	2015			2014
Risk-free interest rate		1.58	%		1.89	%
Expected life (years)		6.04			6.08
Expected dividend yield		0	%		0	%
Expected volatility		132	%		132	%

Summary of non-employee warrant activity

	Number
	Outstanding
Outstanding at December 31, 2014		150,001
Granted		-
Exercised		-
Canceled/forfeited/expired		-
Outstanding at March 31, 2015		150,001

Restricted Stock Units (RSUs) [Member]

Stock Option Activity

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value

Outstanding at December 31, 2014		591,436		$	-		9.75	$	703,809
Granted		62,501		$	-		-	$	-
Exercised			-	$	-		-	$	-
Canceled/forfeited/expired		-		$	-		-	$	-
Outstanding at March 31, 2015		653,937		$	-		9.53	$	7,84,724

Expected to vest at March 31, 2015		610,055		$	-		9.52	$	732,066
Exercisable at March 31,2015		386,304		$	-		9.43	$	463,565
Unvested at March 31, 2015		267,633		$	-		9.67	$	321,160
Unrecognized expense at March 31, 2015	$	367,102

Stock-Based Compensation Expense

	Three months ended March 31,
	2015		2014
General and administrative	$	80,178	$	-
	$	80,178	$	-

- 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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