Motus GI Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Share-based compensation (Tables)

Share-based compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Warrants

A summary of the Company’s warrants to purchase common stock activity is as follows:

Schedule of Warrants

	Shares Underlying Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2021		420,247		$	54.76		3.40	$	-
Granted		6,000			10.00
Cancelled		(6,000	)		56.60
Forfeited		(25,670	)		103.51
Outstanding at June 30, 2022		394,577		$	50.87		3.15	$	-

Schedule of Stock Option Activity

A summary of the Company’s stock option activity is as follows:

Schedule of Stock Option Activity

	Shares Underlying Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (years)		Aggregate Intrinsic Value
Outstanding at December 31, 2021		307,592		$	54.10		7.45	$	-
Granted		98,747			8.98
Expired		(75	)		36.77
Forfeited		(2,353	)		12.17
Outstanding at June 30, 2022		403,911		$	43.34		7.58	$	-

Schedule of Stock Option Pricing Model Using Weighted Average Assumptions

The Company estimated the fair value of each stock option award using the Black-Scholes option pricing model based on the following weighted average assumptions:

	Six Months Ended June 30,
	2022			2021
Expected term, in years		5.76			5.75
Expected volatility		99.31	%		106.76	%
Risk-free interest rate		2.04	%		0.73	%
Dividend yield		-			-

Schedule of Restricted Stock Unit Awards Activity

A summary of the Company’s restricted stock unit awards activity is as follows:

	Number of Shares			Weighted Average Grant Date Fair Value
Nonvested at December 31, 2021		25,120		$	44.77
Granted		18,250			9.08
Vested		(14,757	)		40.43
Nonvested at June 30, 2022		28,613		$	24.25

Schedule of Stock-based Compensation

The following table sets forth total non-cash share-based compensation for the issuance of common stock, options to purchase common stock, warrants to purchase common stock, and restricted stock unit awards by operating statement classification for the six months ended June 30, 2022 and 2021:

Schedule of Stock-based Compensation

	2022		2021		2022		2021
	Three Months ended June 30,				Six Months ended June 30,
	2022		2021		2022		2021
Research and development	$	100	$	169	$	197	$	303
Sales and marketing		65		105		123		222
General and administrative		296		736		662		1,404
Total	$	461	$	1,010	$	982	$	1,929