Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Psychemedics Corporation
(Exact Name of Registrant as Specified in its Charter)
Table 1—Newly Registered Securities
| Security Type |
Security Class Title
|
Fee Calculation Rule
|
Amount Registered (1)
|
Proposed Maximum Offering Price Per Unit
|
Maximum Aggregate Offering Price
|
Fee Rate
|
Amount of Registration Fee
| |||||||
| Equity | Common Stock $0.001 par value per share | Other | 300,000 (2) | $4.71 (3) | $1,413,000.00 (3) |
$110.20 per $1,000,000
|
$155.71 | |||||||
| Total Offering Amounts | $1,413,000.00 | $155.71 | ||||||||||||
| Total Fee Offsets | — | |||||||||||||
| Net Fee Due | $155.71 | |||||||||||||
| (1) | In accordance with Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall be deemed to cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock dividends or similar transactions. |
| (2) | Consists of shares issuable under new hire inducement stock option awards granted on August 17, 2023, to an employee of the registrant as an inducement material to entry into employment with the registrant in accordance with Nasdaq Listing Rule 5635(c)(4). |
| (3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) of the Securities Act and based upon the closing price of the registrant’s Common Stock as reported on the Nasdaq Stock Market on August 18, 2023. |