Stockholders' Equity |
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Stockholders' Equity | Stockholders’ Equity The authorized shares of the Company consist of an unlimited number of common and preferred shares, both without par value. All proceeds received for issuances of common shares are attributed to common shares on the Company’s consolidated balance sheets. During the three months ended June 30, 2025, the Company issued: i)672,043 common shares on the exercise of stock options, for gross proceeds of $549. In connection with the stock options exercised, the Company reclassified $444 from additional paid in capital to common shares. During the three months ended June 30, 2024, the Company issued: i)1,888,350 common shares on the exercise of warrants, for gross proceeds of $5,120. In connection with the warrants exercised, the Company reclassified $1,477 from additional paid in capital to share capital. ii)1,239,113 common shares on the exercise of stock options, for gross proceeds of $540. In connection with the stock options exercised, the Company reclassified $381 from additional paid in capital to common shares. During the six months ended June 30, 2025, the Company issued: i)90,000 common shares on the exercise of warrants, for gross proceeds of $236. In connection with the warrants exercised, the Company reclassified $66 from additional paid in capital to share capital. ii)853,376 common shares on the exercise of stock options, for gross proceeds of $690. In connection with the stock options exercised, the Company reclassified $544 from additional paid in capital to common shares. During the six months ended June 30, 2024, the Company issued: i)2,564,102 units to Boss in February of 2024, for a private placement at a price of $3.90 per unit for gross proceeds of $10,000. ii)6,872,143 common shares to extinguish the convertible note with a carrying value of $23,117 in February 2024. iii)7,467,735 common shares on the exercise of warrants, for gross proceeds of $22,054. In connection with the warrants exercised, the Company reclassified $6,840 from additional paid in capital to share capital. iv)1,936,867 common shares on the exercise of stock options, for gross proceeds of $1,441. In connection with the stock options exercised, the Company reclassified $1,489 from additional paid in capital to common stock. v)495,765 common shares sold in accordance with the Company’s ATM program for gross proceeds of $2,008. Share Purchase Warrants A summary of the status of the Company’s warrants as of June 30, 2025, and changes during the three months then ended is as follows:
As of June 30, 2025, share purchase warrants outstanding were as follows:
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