C-Bond Systems, Inc. Annual report pursuant to Section 13 and 15(d)

Shareholders' Deficit (Tables)

12 Months Ended

Dec. 31, 2023

The following table summarizes activity related to non-vested shares:

	Number of Non-Vested Shares			Weighted Average Grant Date Fair Value
Non-vested, December 31, 2021		14,270,120		$	0.140
Granted		3,500,000			0.014
Shares vested		(800,000	)		(0.037	)
Non-vested, December 31, 2022		16,970,120			0.119
Shares vested		(2,000,000	)		(0.021	)
Non-vested, December 31, 2023		14,970,120		$	0.132

Stock option activities for the years ended December 31, 2023 and 2022 are summarized as follows:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance Outstanding, December 31, 2021		8,445,698	$	0.40		4.43		-
Exercised		-		-		-		-
Balance Outstanding, December 31, 2022		8,445,698		0.40		3.43		-
Exercised		-		-		-		-
Balance Outstanding, December 31, 2023		8,445,698	$	0.40		2.43	$	-
Exercisable, December 31, 2023		8,445,698	$	0.40		2.43	$	-

Warrant activities for the years ended December 31, 2023 and 2022 are summarized as follows:

	Number of Warrants			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance Outstanding December 31, 2021		17,500,000		$	0.05			4.67	$	-
Granted		33,000,000			0.025			-		-
Cancelled		(16,500,000	)		(0.05	)		-		-
Balance Outstanding December 31, 2022		34,000,000			0.011			3.73		-
Granted		-			-			-		-
Balance Outstanding December 31, 2023		34,000,000		$	0.011			2.73	$	-
Exercisable, December 31, 2023		34,000,000		$	0.011			2.73	$	-