Exhibit 107
CALCULATION OF FILING FEE TABLES
FORM S-3
(Form Type)
GSE Systems, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit(2) | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial effective date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | ||||||||||||||||||||||||||||||
| Newly Registered Securities | |||||||||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Common Stock, par value $0.01 per share | 457(c) | 5,428,276(3) | $1.92 | $10,422,290 | $92.70 per $1,000,000 | $966.15 | |||||||||||||||||||||||||||||||||
Fees Previously Paid | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||
| Carry Forward Securities | |||||||||||||||||||||||||||||||||||||||||
| Carry Forward Securities | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||
| Total Offering Amounts | $ | 10,422,290 | $ | 966.15 | |||||||||||||||||||||||||||||||||||||
| Total Fees Previously Paid | $ | 0.00 | |||||||||||||||||||||||||||||||||||||||
| Total Fee Offsets | $ | 0.00 | |||||||||||||||||||||||||||||||||||||||
| Net Fee Due | $ | 966.15 | |||||||||||||||||||||||||||||||||||||||
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of common stock, par value $0.01 per share, of GSE Systems, Inc. that become issuable by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without receipt of consideration. | ||||||||||||||||||||||||||||||||||||||||
(2) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, as amended, based on the average of the high and low reported trading prices of the registrant’s common stock as reported on the NASDAQ Capital Market on March 29, 2022. | ||||||||||||||||||||||||||||||||||||||||
(3) | Comprised of (i) 4,144,544 shares of common stock that may be sold by the selling stockholder named herein upon the conversion of the Note (as defined herein) and (ii) 1,283,732 shares of common stock that may be sold by the selling stockholder named herein upon the exercise of the Warrant (as defined herein). | ||||||||||||||||||||||||||||||||||||||||
Table 2: Fee Offset Claims and Sources
| Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Security Type Associated with Fee Offset Claimed | Security Title Associated with Fee Offset Claimed | Unsold Securities Associated with Fee Offset Claimed | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed | Fee Paid with Fee Offset Source | ||||||||||||||||||||||||||||||||
| Rules 457(b) and 0-11(a)(2) | ||||||||||||||||||||||||||||||||||||||||||
Fee Offset Claims | - | - | - | - | ||||||||||||||||||||||||||||||||||||||
| Fee Offset Sources | - | - | - | - | - | |||||||||||||||||||||||||||||||||||||
| Rule 457(p) | ||||||||||||||||||||||||||||||||||||||||||
Fee Offset Claims | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||||||||
| Fee Offset Sources | - | - | - | - | - | |||||||||||||||||||||||||||||||||||||
Table 3: Combined Prospectuses
| Security Type | Security Class Title | Amount of Securities Previously Registered | Maximum Aggregate Offering Price of Securities Previously Registered | Form Type | File Number | Initial Effective Date | ||||||||||||||||||||
| - | - | - | - | - | - | - |