Shareholders' Equity and Capital Stock (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| Shareholders' Equity and Capital Stock |
|
| Schedule of Restricted Share Unit Activity |
|
|
|
|
|
Weighted average |
|
|
|
Outstanding |
|
|
grant date |
|
Restricted Share Unit Activity |
|
RSUs |
|
|
fair value |
|
|
|
|
|
|
|
|
December 31, 2017 |
|
|
1,175,952 |
|
|
$ |
0.65 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
470,756 |
|
|
$ |
0.71 |
|
Released |
|
|
(621,092 |
) |
|
$ |
0.63 |
|
Forfeited |
|
|
(40,120 |
) |
|
$ |
0.57 |
|
|
|
|
|
|
|
|
|
|
December 31, 2018 |
|
|
985,496 |
|
|
$ |
0.67 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
713,106 |
|
|
$ |
0.61 |
|
Released |
|
|
(542,674 |
) |
|
$ |
0.68 |
|
|
|
|
|
|
|
|
|
|
December 31, 2019 |
|
|
1,155,928 |
|
|
$ |
0.65 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
737,553 |
|
|
$ |
0.48 |
|
Released |
|
|
(475,086 |
) |
|
$ |
0.70 |
|
Forfeited |
|
|
(13,433 |
) |
|
$ |
0.61 |
|
|
|
|
|
|
|
|
|
|
December 31, 2020 |
|
|
1,404,962 |
|
|
$ |
0.54 |
|
|
| Schedule of Stock Option Fair Value Assumptions |
Stock Option Fair Value Assumptions |
|
2020 |
|
|
2019 |
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
|
Expected forfeiture rate |
|
|
6.1 |
% |
|
|
6.2 |
% |
|
5.8% - 6.0% |
|
Expected life (years) |
|
|
3.9 |
|
|
|
3.7 |
|
|
3.7 - 3.8 |
|
Expected volatility |
|
|
63.2 |
% |
|
|
58.6 |
% |
|
54.6% - 55.0% |
|
Risk free rate |
|
|
0.4 |
% |
|
|
1.6 |
% |
|
1.9% - 2.1% |
|
Expected dividend rate |
|
|
0.0 |
% |
|
|
0.0 |
% |
|
|
0.0 |
% |
Black-Scholes value (CAD$) |
|
$ |
0.30 |
|
|
$ |
0.35 |
|
|
$0.33 - $0.39 |
|
|
| Schedule Of Share-Based Compensation, Warrants, Activity |
|
|
|
|
|
Number of |
|
|
|
|
|
|
Outstanding |
|
|
shares to be issued |
|
|
Per share |
|
Warrant Activity |
|
warrants |
|
|
upon exercise |
|
|
exercise price |
|
|
|
|
|
|
|
|
|
|
|
December 31, 2017 |
|
|
5,844,567 |
|
|
|
5,844,567 |
|
|
|
0.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issued |
|
|
13,062,878 |
|
|
|
6,531,439 |
|
|
|
1.00 |
|
Expired |
|
|
(5,844,567 |
) |
|
|
(5,844,567 |
) |
|
|
0.97 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2018 |
|
|
13,062,878 |
|
|
|
6,531,439 |
|
|
|
1.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2019 |
|
|
13,062,878 |
|
|
|
6,531,439 |
|
|
|
1.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issued |
|
|
9,000,000 |
|
|
|
4,500,000 |
|
|
|
0.75 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2020 |
|
|
22,062,878 |
|
|
|
11,031,439 |
|
|
|
0.90 |
|
|
| Schedule Of Share-based Compensation Shares Authorized Under Warrants Plans by exercise price range |
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
|
|
|
|
|
|
remaining |
|
|
Aggregate |
|
|
|
|
Exercise |
|
|
Number |
|
|
contractual |
|
|
Intrinsic |
|
|
|
|
price |
|
|
of warrants |
|
|
life (years) |
|
|
Value |
|
|
Expiry |
|
$ |
|
|
# |
|
|
|
|
|
$ |
|
|
|
|
|
1.00 |
|
|
|
13,062,878 |
|
|
|
0.7 |
|
|
|
- |
|
|
2021-09-25 |
|
|
0.75 |
|
|
|
9,000,000 |
|
|
|
1.6 |
|
|
|
225,000 |
|
|
2022-08-04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.90 |
|
|
|
22,062,878 |
|
|
|
1.1 |
|
|
|
225,000 |
|
|
|
|
|
| Schedule Of Share-Based Compensation, Shares Authorized Under Restricted Stock Units, By Grant Date |
Restricted Share Unit Fair Value Assumptions |
|
2020 |
|
|
2019 |
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
|
Expected forfeiture rate |
|
|
4.2 |
% |
|
|
4.8 |
% |
|
5.5% - 5.9% |
|
Grant date fair value (CAD$) |
|
$ |
0.63 |
|
|
$ |
0.79 |
|
|
$0.91 - $0.93 |
|
|
| Schedule of Share-based Compensation, Restricted Stock Units Award Activity |
RSUs outstanding |
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
|
|
|
remaining |
|
|
Aggregate |
|
|
|
|
Number |
|
|
contractual |
|
|
intrinsic |
|
|
Redemption |
|
of RSUs |
|
|
life (years) |
|
|
value |
|
|
Date |
|
# |
|
|
|
|
|
$ |
|
|
|
|
|
667,409 |
|
|
|
0.8 |
|
|
|
533,927 |
|
|
2021-11-05 |
|
|
737,553 |
|
|
|
1.9 |
|
|
|
590,042 |
|
|
2022-11-13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,404,962 |
|
|
|
1.4 |
|
|
|
1,123,969 |
|
|
|
|
|
| Schedule of Share-based Compensation, Stock Options, Activity |
|
|
Outstanding |
|
|
Weighted-average |
|
Stock Option Activity |
|
Options |
|
|
exercise price |
|
|
|
# |
|
|
$ |
|
December 31, 2017 |
|
|
9,459,401 |
|
|
$ |
0.70 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
2,182,955 |
|
|
|
0.70 |
|
Exercised |
|
|
(496,838 |
) |
|
|
0.58 |
|
Forfeited |
|
|
(275,085 |
) |
|
|
0.72 |
|
Expired |
|
|
(1,138,821 |
) |
|
|
0.83 |
|
|
|
|
|
|
|
|
|
|
December 31, 2018 |
|
|
9,731,612 |
|
|
$ |
0.64 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
2,852,386 |
|
|
|
0.61 |
|
Exercised |
|
|
(323,618 |
) |
|
|
0.63 |
|
Forfeited |
|
|
(395,851 |
) |
|
|
0.71 |
|
Expired |
|
|
(787,946 |
) |
|
|
0.83 |
|
|
|
|
|
|
|
|
|
|
December 31, 2019 |
|
|
11,076,583 |
|
|
$ |
0.64 |
|
|
|
|
|
|
|
|
|
|
Granted |
|
|
2,950,180 |
|
|
|
0.48 |
|
Exercised |
|
|
(159,982 |
) |
|
|
0.63 |
|
Forfeited |
|
|
(534,425 |
) |
|
|
0.64 |
|
Expired |
|
|
(1,421,932 |
) |
|
|
0.66 |
|
|
|
|
|
|
|
|
|
|
December 31, 2020 |
|
|
11,910,424 |
|
|
$ |
0.61 |
|
|
| Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range |
|
|
|
Options outstanding |
|
|
Options exercisable |
|
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
|
|
|
|
|
remaining |
|
|
Aggregate |
|
|
|
|
|
remaining |
|
|
Aggregate |
|
|
|
Exercise |
|
|
Number |
|
|
contractual |
|
|
intrinsic |
|
|
Number |
|
|
contractual |
|
|
intrinsic |
|
|
|
price |
|
|
of options |
|
|
life (years) |
|
|
value |
|
|
of options |
|
|
life (years) |
|
|
value |
|
|
Expiry |
$ |
|
|
# |
|
|
|
|
|
$ |
|
|
|
|
|
|
|
|
$ |
|
|
|
|
0.57 |
|
|
|
2,238,988 |
|
|
|
1.0 |
|
|
|
514,967 |
|
|
|
2,238,988 |
|
|
|
1.0 |
|
|
|
514,967 |
|
|
2021-12-16 |
|
0.80 |
|
|
|
300,000 |
|
|
|
1.2 |
|
|
|
- |
|
|
|
300,000 |
|
|
|
1.2 |
|
|
|
- |
|
|
2022-03-02 |
|
0.57 |
|
|
|
200,000 |
|
|
|
1.7 |
|
|
|
46,000 |
|
|
|
200,000 |
|
|
|
1.7 |
|
|
|
46,000 |
|
|
2022-09-07 |
|
0.71 |
|
|
|
1,668,089 |
|
|
|
2.0 |
|
|
|
150,128 |
|
|
|
1,668,089 |
|
|
|
2.0 |
|
|
|
150,128 |
|
|
2022-12-15 |
|
0.60 |
|
|
|
200,000 |
|
|
|
2.2 |
|
|
|
40,000 |
|
|
|
133,333 |
|
|
|
2.2 |
|
|
|
26,667 |
|
|
2023-03-30 |
|
0.73 |
|
|
|
929,269 |
|
|
|
2.6 |
|
|
|
65,049 |
|
|
|
622,298 |
|
|
|
2.6 |
|
|
|
43,561 |
|
|
2023-08-20 |
|
0.71 |
|
|
|
777,037 |
|
|
|
3.0 |
|
|
|
69,933 |
|
|
|
515,660 |
|
|
|
3.0 |
|
|
|
46,409 |
|
|
2023-12-14 |
|
0.62 |
|
|
|
2,646,861 |
|
|
|
3.8 |
|
|
|
476,435 |
|
|
|
867,128 |
|
|
|
3.8 |
|
|
|
156,083 |
|
|
2024-11-05 |
|
0.49 |
|
|
|
2,950,180 |
|
|
|
4.9 |
|
|
|
914,556 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
2025-11-13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.61 |
|
|
|
11,910,424 |
|
|
|
3.0 |
|
|
|
2,277,068 |
|
|
|
6,545,496 |
|
|
|
2.0 |
|
|
|
983,815 |
|
|
|
|
| Schedule of Warrant Fair Value Assumptions |
Warrant Fair Value Assumptions |
|
2020 |
|
|
2019 |
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
|
Expected forfeiture rate |
|
|
0.0 |
% |
|
|
- |
|
|
|
0.0 |
% |
Expected life (years) |
|
|
2.0 |
|
|
|
- |
|
|
|
3.0 |
|
Expected volatility |
|
|
71.2 |
% |
|
|
- |
|
|
|
55.2 |
% |
Risk free rate |
|
|
0.2 |
% |
|
|
- |
|
|
|
2.2 |
% |
Expected dividend rate |
|
|
0.0 |
% |
|
|
- |
|
|
|
0.0 |
% |
Black-Scholes value (CAD$) |
|
$ |
0.26 |
|
|
$ |
0.00 |
|
|
$ |
0.34 |
|
|