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

Shareholders' Deficit (Tables)

9 Months Ended

Sep. 30, 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, 2022		16,970,120		$	0.119
Granted		-			-
Shares vested		(2,000,000	)		0.021
Non-vested, September 30, 2023		14,970,120		$	0.132

Stock option activities for the nine months ended September 30, 2023 are summarized as follows:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance Outstanding, December 31, 2022		8,445,698	$	0.40		3.43		-
Exercised		-		-		-		-
Balance Outstanding, September 30, 2023		8,445,698	$	0.40		2.60	$	-
Exercisable, September 30, 2023		8,445,698	$	0.40		2.60	$	-

Warrant activities for the nine months ended September 30, 2023 are summarized as follows:

	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance Outstanding December 31, 2022		34,000,000	$	0.011		3.73	$	-
Granted		-		-		-		-
Balance Outstanding September 30, 2023		34,000,000	$	0.011		2.99	$	-
Exercisable, September 30, 2023		34,000,000	$	0.011		2.99	$	-