Shareholders' Equity and Capital Stock (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Shareholders' Equity and Capital Stock |
|
| Schedule Of activity with respect to stock options |
|
|
|
|
|
|
|
Outstanding |
|
Weighted-average |
|
|
Options |
|
Exercise Price |
Stock Option Activity |
|
# |
|
$ |
|
|
|
|
|
December 31, 2025 |
|
8,883,608 |
|
1.31 |
|
|
|
|
|
Granted |
|
120,000 |
|
1.65 |
Exercised |
|
(32,145) |
|
1.24 |
Forfeited |
|
(87,357) |
|
1.41 |
|
|
|
|
|
March 31, 2026 |
|
8,884,106 |
|
1.34 |
|
| Schedule of outstanding stock options |
As of March 31, 2026, outstanding stock options are as follows (expressed in U.S. dollars):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Outstanding |
|
Options Exercisable |
|
|
Weighted- |
|
|
|
Weighted- |
|
|
|
|
|
Weighted- |
|
|
|
|
average |
|
|
|
average |
|
Aggregate |
|
|
|
average |
|
Aggregate |
|
|
exercise |
|
Number |
|
remaining |
|
intrinsic |
|
Number |
|
remaining |
|
intrinsic |
|
|
Price |
|
of options |
|
contractual |
|
value |
|
of options |
|
contractual |
|
value |
|
|
$ |
|
# |
|
life (years) |
|
$ |
|
# |
|
life (years) |
|
$ |
|
Expiry |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.48 |
|
19,250 |
|
— |
|
182 |
|
19,250 |
|
0.0 |
|
182 |
|
2026-04-02 |
1.03 |
|
1,223,247 |
|
0.4 |
|
556,665 |
|
1,223,247 |
|
0.4 |
|
556,665 |
|
2026-08-27 |
1.60 |
|
175,000 |
|
1.0 |
|
— |
|
175,000 |
|
1.0 |
|
— |
|
2027-03-14 |
1.11 |
|
1,164,196 |
|
1.8 |
|
437,755 |
|
1,164,196 |
|
1.8 |
|
437,755 |
|
2028-01-04 |
1.48 |
|
1,015,905 |
|
2.7 |
|
9,629 |
|
677,270 |
|
2.7 |
|
6,419 |
|
2028-12-07 |
1.77 |
|
500,000 |
|
3.1 |
|
— |
|
166,665 |
|
3.1 |
|
— |
|
2029-05-08 |
1.27 |
|
1,812,664 |
|
3.7 |
|
394,981 |
|
588,728 |
|
3.7 |
|
128,284 |
|
2029-12-12 |
1.24 |
|
175,000 |
|
4.4 |
|
44,421 |
|
— |
|
— |
|
— |
|
2030-08-07 |
1.50 |
|
120,000 |
|
4.5 |
|
— |
|
— |
|
— |
|
— |
|
2030-09-19 |
1.45 |
|
2,558,844 |
|
4.7 |
|
97,814 |
|
— |
|
— |
|
— |
|
2030-12-22 |
1.65 |
|
120,000 |
|
4.8 |
|
— |
|
— |
|
— |
|
— |
|
2031-01-12 |
1.34 |
|
8,884,106 |
|
3.1 |
|
1,541,447 |
|
4,014,356 |
|
1.8 |
|
1,129,305 |
|
|
|
| Summary of activity with respect to liability-classified stock options outstanding |
|
|
|
Liability-classified Stock Option Activity |
|
Total |
|
|
|
December 31, 2025 |
|
1,346 |
|
|
|
Stock compensation expense as adjusted |
|
249 |
Options exercised |
|
(17) |
Options forfeited |
|
(1) |
Foreign exchange adjustments |
|
(28) |
Increase (decrease) in liability due to fair value recalculations |
|
170 |
|
|
|
March 31, 2026 |
|
1,719 |
|
| Schedule of activity with respect to RSUs outstanding |
|
|
|
|
|
|
|
|
|
Weighted-average |
|
|
Outstanding |
|
grant date |
|
|
RSUs |
|
fair value |
Restricted Share Unit Activity |
|
# |
|
$ |
|
|
|
|
|
December 31, 2025 |
|
1,127,706 |
|
1.38 |
|
|
|
|
|
Forfeited |
|
(23,206) |
|
1.36 |
|
|
|
|
|
March 31, 2026 |
|
1,104,500 |
|
1.38 |
|
| Schedule Of Schedule Of Restricted Share Unit Outstanding |
As of March 31, 2026, outstanding RSUs were as follows (expressed in U.S. dollars):
|
|
|
|
|
|
|
RSUs Outstanding |
|
|
Weighted- |
|
|
|
|
|
|
Average |
|
Aggregate |
|
|
Number |
|
Remaining |
|
Fair |
|
|
of RSUs |
|
contractual |
|
Value |
|
Vesting |
# |
|
life (years) |
|
$ |
|
Date |
|
|
|
|
|
|
|
464,782 |
|
0.7 |
|
692,525 |
|
2026-12-12 |
639,718 |
|
1.7 |
|
953,180 |
|
2027-12-22 |
1,104,500 |
|
1.3 |
|
1,645,705 |
|
|
|
| Schedule Of warrant activity |
|
|
|
|
|
|
|
|
|
|
|
Number of |
|
Weighted- |
|
|
|
|
shares to |
|
Average |
|
|
Outstanding |
|
be issued |
|
exercise price |
|
|
Warrants |
|
upon exercise |
|
per common share |
Warrant Activity |
|
# |
|
# |
|
$ |
|
|
|
|
|
|
|
December 31, 2025 |
|
38,273,500 |
|
19,136,750 |
|
1.50 |
|
|
|
|
|
|
|
Exercised |
|
(38,259,998) |
|
(19,129,999) |
|
1.50 |
Expired |
|
(13,502) |
|
(6,751) |
|
1.50 |
|
|
|
|
|
|
|
March 31, 2026 |
|
— |
|
— |
|
— |
|