Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity and Capital Stock (Tables)

v3.8.0.1
Shareholders' Equity and Capital Stock (Tables)
3 Months Ended
Mar. 31, 2018
Shareholders' Equity and Capital Stock [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

average

 

 

 

Options

 

exercise price

 

 

 

#

 

$

Balance, December 31, 2017

 

 

9,459,401

 

0.70

 

 

 

 

 

 

Granted

 

 

200,000

 

0.60

Exercised

 

 

(67,719)

 

0.61

Forfeited

 

 

(119,735)

 

0.74

 

 

 

 

 

 

Outstanding, March 31, 2018

 

 

9,471,947

 

0.68

 

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

$

 

 

 

 

 

$

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.60

 

452,232

 

0.1

 

 -

 

452,232

 

0.1

 

 -

 

25-Apr-18

0.96

 

100,000

 

0.3

 

 -

 

100,000

 

0.3

 

 -

 

01-Aug-18

0.93

 

715,236

 

0.7

 

 -

 

715,236

 

0.7

 

 -

 

27-Dec-18

1.30

 

100,000

 

1.0

 

 -

 

100,000

 

1.0

 

 -

 

31-Mar-19

0.79

 

754,110

 

1.7

 

 -

 

754,110

 

1.7

 

 -

 

12-Dec-19

0.88

 

200,000

 

2.2

 

 -

 

200,000

 

2.2

 

 -

 

29-May-20

0.67

 

617,654

 

2.4

 

 -

 

617,654

 

2.4

 

 -

 

17-Aug-20

0.62

 

1,021,690

 

2.7

 

 -

 

1,021,690

 

2.7

 

 -

 

11-Dec-20

0.57

 

2,674,875

 

3.7

 

92

 

2,059,127

 

3.7

 

71

 

16-Dec-21

0.79

 

300,000

 

3.9

 

 -

 

162,000

 

3.9

 

 -

 

02-Mar-22

0.57

 

200,000

 

4.4

 

 7

 

 -

 

 -

 

 -

 

07-Sep-22

0.70

 

2,136,150

 

4.7

 

 

 

120,000

 

4.7

 

 

 

15-Dec-22

0.60

 

200,000

 

5.0

 

 -

 

 -

 

 -

 

 -

 

30-Mar-23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.68

 

9,471,947

 

3.1

 

99

 

6,302,049

 

2.5

 

71

 

 

 

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

 

 

 

 

 

 

 

 

 

Number

 

Weighted

 

 

 

of

 

average grant

 

 

 

RSUs

 

date fair value

 

 

 

 

 

$

Unvested, December 31, 2017

 

 

1,175,952

 

0.65

 

 

 

 

 

 

Vested

 

 

(80,514)

 

0.70

 

 

 

 

 

 

Unvested, March 31, 2018

 

 

1,095,438

 

0.63

 

Schedule Of Share-Based Compensation, Shares Authorized Under Restricted Stock Units, By Grant Date

 

 

 

 

 

 

 

 

 

Number of

 

Remaining

 

Aggregate

 

 

unvested

 

life

 

intrinsic

Grant date

 

RSUs

 

(years)

 

value

 

 

 

 

 

 

$

December 16, 2016

 

591,404

 

0.71

 

361

December 15, 2017

 

504,034

 

1.71

 

307

 

 

 

 

 

 

 

 

 

1,095,438

 

1.42

 

668

 

Schedule Of Share-Based Compensation, Warrants, Activity

 

 

 

 

 

 

 

 

 

Number

 

Weighted-

 

 

 

of

 

average

 

 

 

warrants

 

exercise price

 

 

 

 

 

$

Outstanding, December 31, 2017

 

 

5,844,567

 

0.94

 

 

 

 

 

 

Outstanding, March 31, 2018

 

 

5,844,567

 

0.94

 

Schedule Of Share-based Compensation Shares Authorized Under Warrants Plans by exercise price range

 

 

 

 

 

 

 

 

 

 

 

 

 

Remaining

 

Aggregate

 

 

Exercise

 

Number

 

contractual

 

Intrinsic

 

 

price

 

of warrants

 

life (years)

 

Value

 

Expiry

$

 

 

 

 

 

$

 

 

0.93

 

4,294,167

 

0.2

 

 -

 

24-Jun-18

0.97

 

1,550,400

 

0.4

 

 -

 

27-Aug-18

 

 

 

 

 

 

 

 

 

0.94

 

5,844,567

 

0.3

 

 -

 

 

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

 

 

 

Three months ended  March 31,

 

2018

Expected option life (years)

 3.74

Expected volatility

54.59%

Risk-free interest rate

1.90%

Expected dividend rate

0%

Forfeiture rate

6.0%