v3.25.2
Share Capital (Tables)
6 Months Ended
Jun. 30, 2025
Share Capital [Abstract]  
Schedule of Outstanding Stock Options

A continuity schedule of outstanding stock options is as follows:

 

   Number
Outstanding
   Weighted
Average
Exercise Price
 
       ($) 
Balance – December 31, 2024   2,555    64.99 
Granted   399,078    2.18 
Exercised   
-
    
-
 
Forfeited   
-
    
-
 
Balance – June 30, 2025   401,633    2.58 
Vested and exercisable   250,383    2.82 
Schedule of Assumptions for Fair Value of Stock Options

The Company used the following assumptions in calculating the fair value of stock options for the period ended:

 

   June 30,
2025
   June 30,
2024
 
Risk-free interest rate   4.03%   3.93%
Expected life of options   5 years    3.38 years 
Expected dividend yield   Nil    Nil 
Volatility   98.83%   132.65%
Schedule of Share Purchase Warrants Outstanding

At June 30, 2025, the Company had share purchase warrants outstanding as follows:

 

Expiration Date 

Warrants

Outstanding

  

Exercise

Price

   Weighted Average Remaining Life 
       ($)   (years) 
January 20, 2026(1)   7,030    1,800.00    0.58 
February 28, 2027   20,689    460.80    1.57 
December 6, 2027   13,781    20.00    2.32 
December 9, 2027   9,876    17.60    2.32 
January 18, 2028   25,906    124.80    2.58 
February 2, 2028   10,938    14.40    2.58 
October 17, 2028   543,468    3.68    3.08 
October 17, 2028   24,457    4.05    3.08 
December 24, 2029   1,077,586    4.00    4.17 
    1,733,741    18.71    3.71 

 

(1) Unit A warrant balance is 7,030 as of June 30, 2025.