v3.25.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Summary of Outstanding Equity-Classified Warrants to Purchase Common Stock
Outstanding equity-classified warrants to purchase common shares consisted of the following:
 
    
December 31, 2024
    
December 31, 2023
 
Expiration
  
Number of Shares
Issued and Exercisable
    
Exercise Price
(Canadian Dollars)
    
Number of Shares
Issued and Exercisable
    
Exercise Price
(Canadian Dollars)
 
September 21, 2026
     11,122,105      $ 1.96        11,122,105      $ 1.96  
October 1, 2025
     648,783        8.12        648,783        8.12  
April 26, 2024
     —         —         5,394,945        10.35  
  
 
 
       
 
 
    
     11,770,888      $ 2.30        17,165,833      $ 4.83  
  
 
 
       
 
 
    
Schedule of Warrant Activity
Warrant activity during the years ended December 31, 2024, and 2023 is summarized in the table below:
 
    
Warrants
    
Weighted average
(Canadian Dollars)
    
Warrants
    
Weighted average
(U.S. Dollars)
 
Balance as of December 31, 2022
  
 
11,482,766
 
  
 
7.22
 
  
 
— 
 
  
 
— 
 
Issued
     11,479,075        1.90      
Exercised
     (356,970      —         
Expired
     (5,439,038      4.01      —         —   
  
 
 
    
 
 
    
 
 
    
 
 
 
Balance as of December 31, 2023
  
 
17,165,833
 
  
 
4.83
 
  
 
— 
 
  
 
— 
 
Expired
     (5,394,945      10.35      —         —   
  
 
 
    
 
 
    
 
 
    
 
 
 
Balance as of December 31, 2024
  
 
11,770,888
 
  
$
2.30
 
  
$
— 
 
  
$
—