Share-based Compensation (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Stock-based Compensation Expense |
The following table summarizes the total share-based compensation expense associated with the Company’s stock options, RSUs and DSUs for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | | | | | Three months ended March 31, | | | | 2026 | | 2025 | | | | | | Stock options | $ | 18 | | | $ | 74 | | | | | | | RSUs | 1,338 | | | 2,014 | | | | | | DSUs | (43) | | | — | | | | | | | Total share-based compensation | $ | 1,313 | | | $ | 2,088 | | | | | |
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| Schedule of the Changes in Options and Options Outstanding |
The following is a summary of the changes in stock options for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | | | | | | | Weighted-average exercise price (C$) (i) | | Number of options | | Weighted-average remaining contractual term (years) | | Balance as of December 31, 2025 | $ | 5.68 | | | 588,317 | | | 2.48 | | | | | | | | | | | | | | | | | | | | Balance as of March 31, 2026 | $ | 5.68 | | | 588,317 | | | 2.24 | | Exercisable as of March 31, 2026 | $ | 5.92 | | | 541,237 | | | 2.09 |
| | | | | | | | | | | | | | | | | | | Weighted-average exercise price (C$) (i) | | Number of options | | Weighted-average remaining contractual term (years) | | Balance as of December 31, 2024 | $ | 5.63 | | | 717,264 | | | 3.65 | | | | | | | | | | | | | | | | | | | | Balance as of March 31, 2025 | $ | 5.63 | | | 717,264 | | | 3.40 | | Exercisable as of March 31, 2025 | $ | 6.20 | | | 573,253 | | | 3.04 |
(i)The weighted-average exercise price reflects the conversion of foreign currency-denominated stock options translated into C$ using the average foreign exchange rate as of the date of issuance. The following table summarizes stock options outstanding: | | | | | | | | | | | | | | | | | As of March 31, 2026 | | As of December 31, 2025 | | | | | | 2020 Omnibus Plan | 588,317 | | | 588,317 | | | | | | | | | | | | | | | | | | | | | | | Total stock options outstanding | 588,317 | | | 588,317 | | | | | |
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| Schedule of Changes in RSUs |
The following is a summary of the changes in RSUs for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | Weighted-average grant date fair value (C$)(ii) | | Number of RSUs | | Balance as of December 31, 2025 | $ | 2.85 | | | 5,385,106 | | Granted(i) | 3.49 | | | 1,507,369 | | | Vested and issued | 2.66 | | | (1,635,895) | | | | | | | Balance as of March 31, 2026 | $ | 3.05 | | | 5,256,580 | |
| | | | | | | | | | | | | Weighted-average grant date fair value (C$)(ii) | | Number of RSUs | | Balance as of December 31, 2024 | $ | 3.50 | | | 8,382,213 | | Granted(i) | 2.73 | | | 1,775,668 | | | Vested and issued | 4.00 | | | (4,459,280) | | | Cancellation and forfeitures | 3.47 | | | (134,999) | | | Balance as of March 31, 2025 | $ | 2.86 | | | 5,563,602 | |
(i)RSUs granted in the period vest annually in equal installments over a three-year period from the grant date. All RSUs are subject to such holder’s continued employment through each vesting date. The vesting of such RSUs is not subject to the achievement of any performance criteria. (ii)The weighted-average grant date fair value reflects the conversion of foreign currency-denominated RSUs translated into C$ using the foreign exchange rate as of the date of issuance.
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| Schedule of Changes in DSUs and Warrants |
The following is a summary of the changes in DSUs for the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | Financial liability | | Number of DSUs | | Balance as of December 31, 2025 | $ | 1,993 | | | 758,499 | | | | | | | | | | | Gain on revaluation | (43) | | | — | | Foreign exchange effect | (31) | | | — | | | Balance as of March 31, 2026 | $ | 1,919 | | | 758,499 | |
| | | | | | | | | | | | | Financial liability | | Number of DSUs | | Balance as of December 31, 2024 | $ | 1,129 | | | 560,261 | | | | | | | | | | | Gain on revaluation | (117) | | | — | | Foreign exchange effect | (3) | | | — | | | Balance as of March 31, 2025 | $ | 1,009 | | | 560,261 | |
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