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Bullboard - Stock Discussion Forum Wishpond Technologies Ltd V.WISH

Alternate Symbol(s):  WPNDF

Wishpond Technologies Ltd. is a Canada-based company. The Company is a provider of marketing-focused online business solutions. It provides digital marketing solutions that enable entrepreneurs to achieve success online. The Company's Propel IQ platform offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, advertisement management, referral... see more

TSXV:WISH - Post Discussion

Wishpond Technologies Ltd > Stock based compensation expense
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Post by Mythiot on Aug 26, 2021 11:21pm

Stock based compensation expense

Regarding the stock based compensation expense of $562K and $574K in Q1 and Q2 of 2021, the following is from the conference call @ 28:48:

"... We went public in December and so all the stock options that had been issued as a private company were converted to public company shares and those... We had a large issuance in December to incentivise all the management team and all the key employees and directors going forward, now as part of the public company, and so, again, there was a large issuance of options at the time and those will continue to be recognized in our financial statements over the length of the vesting period which is four years. Nothing else major has happened beyond that point..."
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