Genius Group Limited Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

EQUITY (Tables)

v3.22.1

EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

EQUITY

Schedule of stock options using the Black-Scholes option pricing model and used the assumptions

The Company values stock options using the Black-Scholes option pricing model and used the following assumptions during the reporting periods:


	For the Years Ended
	December 31,
	2021		2020
Risk-free interest rate	0.73	%	0.13	%
Contractual term (years)	1-3		2.00
Expected volatility	66.00	%	42.00	%
Expected dividends	0.00	%	0.00	%

Summary of option activity

A summary of the option activity during the year ended December 31, 2021 was as follows (revised to give retroactive effect to the 6 for 1 stock split in April 2020):


		Weighted	Weighted
		Average	Average	Aggregate
	No of	Share	Remaining	Intrinsic
	Options	Price	Life	Value
Outstanding Jan. 1, 2021	73,428	5.81	1.00	97,782
Granted	85,836	5.81	2
Exercised	—	—	—	—
Expired	—	—	—	—
Outstanding Dec 31, 2021	159,264	5.81	1.00

The following table presents information related to options outstanding at December 31, 2021 and 2020:


	Options Outstanding				Options Exercisable
					Weighted
					Average
			Outstanding	Underlying	Remaining	Exercisable
	Exercise		Number	Common	Life in	Number of
Year	Price		of options	Stock	Years	Warrants
2021	$	5.81	85,836	Genius Group	1	n/a

- Definition

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- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

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