Quarterly report pursuant to Section 13 or 15(d)

Shareholders Equity and Capital Stock (Tables)

v3.22.2
Shareholders Equity and Capital Stock (Tables)
6 Months Ended
Jun. 30, 2022
Shareholders Equity and Capital Stock  
Schedule Of Share-based Compensation, Stock Options, Activity

 

 

Outstanding

 

 

Weighted-average

 

Stock Option Activity

 

Options

 

 

exercise price

 

 

 

#

 

 

$

 

 

 

 

 

 

 

 

December 31, 2021

 

 

10,064,024

 

 

$ 0.68

 

 

 

 

 

 

 

 

 

 

Granted

 

 

175,000

 

 

 

1.74

 

Exercised

 

 

(320,025 )

 

 

0.72

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

 

9,918,999

 

 

$ 0.69

 

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

 

 

 

200,000

 

 

 

0.2

 

 

 

98,602

 

 

 

200,000

 

 

 

0.2

 

 

 

98,602

 

 

2022-09-07

 

0.70

 

 

 

1,144,095

 

 

 

0.5

 

 

 

412,984

 

 

 

1,144,095

 

 

 

0.5

 

 

 

412,984

 

 

2022-12-15

 

0.60

 

 

 

200,000

 

 

 

0.7

 

 

 

92,388

 

 

 

200,000

 

 

 

0.7

 

 

 

92,388

 

 

2023-03-30

 

0.72

 

 

 

807,997

 

 

 

1.1

 

 

 

272,836

 

 

 

807,997

 

 

 

1.1

 

 

 

272,836

 

 

2023-08-20

 

0.71

 

 

 

716,674

 

 

 

1.5

 

 

 

253,131

 

 

 

716,674

 

 

 

1.5

 

 

 

253,131

 

 

2023-12-14

 

0.61

 

 

 

2,528,579

 

 

 

2.4

 

 

 

1,128,775

 

 

 

1,815,616

 

 

 

2.4

 

 

 

810,504

 

 

2024-11-05

 

0.49

 

 

 

2,824,490

 

 

 

3.4

 

 

 

1,611,877

 

 

 

1,248,735

 

 

 

3.4

 

 

 

712,627

 

 

2025-11-13

 

1.12

 

 

 

1,322,164

 

 

 

4.2

 

 

 

-

 

 

 

189,285

 

 

 

4.2

 

 

 

-

 

 

2026-08-27

 

1.73

 

 

 

175,000

 

 

 

4.7

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

2027-03-14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.69

 

 

 

9,918,999

 

 

 

2.5

 

 

 

3,870,593

 

 

 

6,322,402

 

 

 

1.9

 

 

 

2,653,072

 

 

 

RSUs outstanding

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

average

 

 

 

 

 

 

 

 

 

 

remaining

 

 

Aggregate

 

 

 

 

Number

 

 

contractual

 

 

intrinsic

 

 

Redemption

 

of RSUs

 

 

life (years)

 

 

value

 

 

Date

 

#

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

706,130

 

 

 

0.4

 

 

 

748,498

 

 

2022-11-13

 

 

305,530

 

 

 

1.2

 

 

 

323,862

 

 

2023-08-27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,011,660

 

 

 

0.6

 

 

 

1,072,360

 

 

 

 
Schedule Of Stock Option Fair Value Assumptions

Stock Options Fair Value Assumptions

 

 2022

 

 

 2021

 

 

 

 

 

 

 

 

Expected forfeiture rate

 

 

5.6 %

 

 

6.1 %

Expected life (years)

 

 

3.9

 

 

 

3.9

 

Expected volatility

 

 

72.7 %

 

 

69.5 %

Risk free rate

 

 

1.9 %

 

 

0.7 %

Expected dividend rate

 

 

0.0 %

 

 

0.0 %

Black-Scholes value (CAD$)

 

$1.22

 

 

$0.74

 

Schedule Of Restricted Share Unit Activity

 

 

 

 

 Weighted average

 

 

 

 Outstanding

 

 

 grant date

 

 Restricted Share Unit Activity

 

 RSUs

 

 

 fair value

 

 

 

 #

 

 

$

 

December 31, 2021

 

 

1,011,660

 

 

 

0.69

 

 

 

 

 

 

 

 

 

 

 Granted

 

 

-

 

 

 

0.00

 

 Released

 

 

-

 

 

 

0.00

 

 Forfeited

 

 

-

 

 

 

0.00

 

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

1,011,660

 

 

 

0.69

 

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

Restricted Share Unit Fair Value Assumptions

 

 2021

 

 

 2020

 

 

 

 

 

 

 

 

Expected forfeiture rate

 

 

4.4 %

 

 

4.2 %

Grant date fair value (CAD$)

 

$1.44

 

 

$0.63

 

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, 2021

 

 

24,368,530

 

 

 

12,184,265

 

 

 

1.16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(518,000 )

 

 

(259,000 )

 

 

0.75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

23,850,530

 

 

 

11,925,265

 

 

 

1.17

 

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

 

$

 

 

#

 

 

 

 

 

 $

 

 

 

 

 

0.75

 

 

 

7,120,000

 

 

 

0.1

 

 

 

1,103,600

 

 

2022-08-04

 

 

1.35

 

 

 

16,730,530

 

 

 

1.6

 

 

 

-

 

 

2024-02-04

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.17

 

 

 

23,850,530

 

 

 

1.2

 

 

 

1,103,600