v3.25.3
SHAREHOLDERS’ EQUITY (Tables)
 12 Months Ended
Jul. 31, 2025
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF CHANGE IN FAIR VALUE OF WARRANTS

 

   Warrants liability 
     
Balance as of July 31, 2023   29,139,301 
Fair value of BriaPro Warrant Shares at Effective Date (note 1(e))   199,207 
Change in fair value during the year   (28,242,472)
      
Balance as of July 31, 2024  $1,096,036 
Change in fair value during the year   (758,364)
      
Balance as of July 31, 2025  $337,672 

 

  (*) Certain warrants were issued prior to August 1, 2022 in respect of public offerings and private placements that contain terms that require the warrants to be recorded as a liability at fair value under US GAAP. As a result, these warrants are valued at the end of each reporting period. For the year ended July 31, 2025, the Company recorded a gain on the revaluation of the total warrant liability of $758,364 in the consolidated statements of operations and comprehensive loss.
     
    The key inputs used in the valuation of the of the warrant as of July 31, 2025 and at July 31, 2024 and on the issuance dates, were as follows:
SCHEDULE OF VALUATION OF PUBLIC OFFERING BROKER WARRANTS

 

  

February 26,
2021

(Issuance
date)

  

April 12,
2021

(Issuance
date)

   July 31,
2025		   July 31,
2024		 
                 
Share price  $510   $588   $7.50   $112.50 
Exercise price  $796.88   $796.88    796.88-928.50   $796.88-928.50 
Expected life (years)   5.00    5.00    0.57-1.35    1.57-2.35 
Volatility   100%   100%   157-209%   77-79%
Dividend yield   0%   0%   0%   0%
Risk free rate   0.88%   0.97%   4.10%   4.27%
SCHEDULE OF BRIA PRO WARRANTS

The key inputs used in the valuation of the of the BriaPro Warrant Shares as of July 31, 2025 were as follows:

 

       August 31, 
   July, 31   2023 
   2025   (Effective Date) 
         
Share price  $0.0365   $0.0365 
Exercise price  $0.0206-0.0308   $0.0206-0.0308 
Expected life (years)   0.30-1.35    2.21-3.27 
Volatility   157-209%   100%
Dividend yield   0%   0%
Risk free rate   2.68-2.74%   4.40%
Share Purchase Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SUMMARY OF CHANGES IN WARRANTS

A summary of changes in share purchase warrants for the years ending July 31, 2025 and 2024 is presented below:

 

  

Number of options

outstanding

  

Weighted average

exercise price (*)

 
Balance, July 31, 2023   54,144   $863.18 
Granted in the May 2024 Offering   16,019    316.50 
Balance, July 31, 2024   70,163   $738.36 
Exercised   (6,437)   127.50 
Granted in the October 2024 Offering   34,190    127.50 
Granted in the December 2024 Offering   49,333    140.63 
Granted in the April 2025 Offering   306,665    52.50 
Granted in the July 2025 Offering   1,200,000    15.00 
Balance, July 31, 2025   1,653,914   $58.27 

 

(*) See note 7(a).
SCHEDULE OF WARRANTS OUTSTANDING

As of July 31, 2025, warrants outstanding were as follows:

 

Number of

Warrants

   Exercise Price  

Exercisable At

July 31, 2025

   Expiry Date
 (*)346  $588.62    346   November 16, 2025
 (*)25,978  $796.88    25,978   February 26, 2026 – April 26, 2026
 (*)27,820  $928.50    27,820   December 7, 2026
 16,019   $316.50    16,019   November 17, 2029
 27,753   $127.50    27,753   October 2, 2029
 49,333   $140.63    49,333   December 12, 2029
 306,665   $52.50    306,665   April 28, 2030
 1,200,000   $15    1,200,000   July 15, 2030
 1,653,914         1,653,914    

 

(*) Briacell Legacy Warrants – see note 1(d) and note 7(a)
Compensation Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SUMMARY OF CHANGES IN WARRANTS

A summary of changes in compensation warrants for the years ended July 31, 2025 and 2024 is presented below:

 

  

Number of

warrants

outstanding

  

Weighted average

exercise price (*)

 
Balance, July 31, 2023   311    843.52 
Granted in the May 2024 Offering   333    348.00 
Balance, July 31, 2024   644    587.30 
Granted in the September 2024 Offering   4,108    129.38 
Granted in the October 2024 Offering   1,709    182.81 
Granted in the December 2024 Offering   2,466    140.63 
Granted in the February 2025 Offering   3,812    50.00 
Granted in the April 2025 Offering   15,333    52.50 
Balance, July 31, 2025   28,072   $91.35 

 

(*) See note 7(a).
SCHEDULE OF WARRANTS OUTSTANDING

As of July 31, 2025, compensation warrants outstanding were as follows:

 

Number of

Warrants

   Exercise Price  

Exercisable At

July 31, 2025

   Expiry Date
 (*)34  $588.62    34   November 16, 2025
 (*)113  $796.88    113   February 26, 2026
 (*)164  $928.50    164   June 7, 2026
 333   $348.00    333   May 17, 2029
 4,108   $129.38    4,108   September 12, 2029
 1,709   $182.81    1,709   October 2, 2029
 2,466   $140.63    2,466   December 12, 2029
 3,812   $50.00    3,812   February 5, 2030
 15,333   $56.50    15,333   April 28, 2030
 28,072         28,072    

 

(*) Briacell Legacy Warrants – see note 1(d) and note 7(a)