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

Quarterly report pursuant to Section 13 or 15(d)

SHARE CAPITAL (Tables)

SHARE CAPITAL (Tables)

3 Months Ended

Mar. 31, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of stock options activity


		Options Outstanding
				Weighted			Weighted
				Average			Average
		Number of		Exercise			Remaining		Aggregate
		Shares Subject		Price Per			Contractual		Intrinsic Value
		to Options		Share			Life (in years)		(in thousands)
Balance at December 31, 2020		3,743,000		$	1.05		4.00
Options granted		1,590,000		$	1.06
Options exercised		—		$	—
Options canceled / expired		(350,000)		$	1.20
Balance at March 31, 2021		4,983,000		$	1.03		4.10		$	2,922
Vested and exercisable at March 31, 2021		2,638,467		$	0.94		3.85		$	773

Schedule of stock options outstanding and exercisable


Options Outstanding							Options Exercisable
		Weighted
		Average		Weighted					Weighted
		Remaining		Average					Average
Number of		Contractual		Exercise Price			Number		Exercise Price
Outstanding		Life (in years)		Per Share			Exercisable		Per Share
1,000,000		4.41		$	0.05		1,000,000		$	0.05
60,000		1.57		$	2.80		60,000		$	2.80
75,000		6.80		$	1.80		75,000		$	1.80
425,000		2.50		$	1.80		311,667		$	1.80
734,000		2.80		$	1.56		538,267		$	1.56
434,000		3.52		$	1.28		202,533		$	1.28
200,000		4.41		$	0.90		40,000		$	0.90
465,000		4.70		$	0.97		93,000		$	0.97
1,590,000		4.84		$	1.06		318,000		$	1.06
4,983,000		4.10		$	1.03		2,638,467		$	0.94

Schedule of assumptions were used to determine fair value of the awards


Expected life (in years)		5.0
Risk-free interest rate		0.4	%
Dividend yield		—	%
Expected volatility		91	%

Schedule of changes in stock option liability

Changes in the Company’s stock option liability for the three months ended March 31, 2021 was as follows (stated in thousands):


Balance at December 31, 2020		$	16
Loss on revaluation			(3)
Balance at March 31, 2021		$	19

Consultant [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of assumptions were used to determine fair value of the awards


Expected life (in years)		5.0
Risk-free interest rate		0.4	%
Dividend yield		—	%
Expected volatility		91	%