KORU Medical Systems Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

The following table summarizes the status of the Plan with respect to performance-based stock options (Details)

v3.21.2

The following table summarizes the status of the Plan with respect to performance-based stock options (Details) - Stock Option Plan 2015 [Member] - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning	2,922,494	3,647,000
Outstanding at beginning	$ 2.46	$ 1.32
Granted	1,650,000	360,000
Granted	$ 3.75	$ 9.54
Exercised	1,000,000	747,006
Exercised	$ 1.23	$ 0.65
Forfeited	187,494	200,000
Forfeited	$ 3.36	$ 2.09
Outstanding at ending	3,385,000	3,059,994
Outstanding at ending	$ 3.39	$ 2.40
Options exercisable at ending	1,005,625	1,009,629
Options exercisable at ending	$ 2.65	$ 1.36
Weighted average fair value of options granted during the period	$ 2.93	$ 6.53
Total performance stock-based compensation expense	$ 1,934,935	$ 572,775
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning	1,000,000	1,000,000
Outstanding at beginning	$ 1.70	$ 1.70
Granted	0	0
Granted	$ 0	$ 0
Exercised	0	0
Exercised	$ 0	$ 0
Forfeited	1,000,000	0
Forfeited	$ 1.70	$ 0
Outstanding at ending	0	1,000,000
Outstanding at ending		$ 1.70
Options exercisable at ending	0	333,333
Options exercisable at ending	$ 0	$ 1.70
Weighted average fair value of options granted during the period
Total performance stock-based compensation expense	$ (408,747)	$ 438,365

- Definition

Amount of expense for award under share-based payment arrangement. Excludes amount capitalized.

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