v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock-Based Compensation  
Schedule of weighted average valuation assumptions for stock options

  ​ ​ ​

March 31,

March 31,

 

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Risk-Free Interest Rate

N/A

4.53

%

Weighted Average Exercise Price

N/A

$

0.49

Weighted Average Stock Price

N/A

$

0.49

Expected Life of Options (years)

N/A

7.00

Expected Annualized Volatility

N/A

100.00

%

Grant Fair Value

N/A

$

0.41

Expected Forfeiture Rate

N/A

 

N/A

Expected Dividend Yield

N/A

 

N/A

Schedule of stock option activity

  ​ ​ ​

  ​ ​ ​

Weighted Average  

  ​ ​ ​

Weighted Avg. 

Number of Options

Exercise Price

Remaining Life

Balance, December 31, 2024

 

31,232,633

$

0.43

 

5.45

Forfeitures

 

(2,955,723)

 

0.26

 

Exercised

 

(723,165)

 

0.17

 

Granted

 

7,159,156

 

0.62

 

Options Outstanding at December 31, 2025

 

34,712,901

$

0.48

 

5.76

Forfeitures

 

(83,009)

 

0.47

 

Options Outstanding at March 31, 2026

 

34,629,892

$

0.48

 

5.52

Options Exercisable at March 31, 2026

 

26,355,637

$

0.45

 

4.28

Summary of warrants outstanding

  ​ ​ ​

Number of 

  ​ ​ ​

Weighted Average 

  ​ ​ ​

Weighted Average 

SVS Warrants

Warrants

Exercise Price

Remaining Life

Warrants outstanding at December 31, 2024

15,919,563

$

0.22

 

3.56

Expired

(150,000)

1.49

Exercised

(265,626)

0.15

Warrants outstanding at December 31, 2025, and March 31, 2026

 

15,503,937

$

0.22

 

2.36

Warrants exercisable at March 31, 2026

 

15,503,937

$

0.22

 

2.36

  ​ ​ ​

Number of 

  ​ ​ ​

Weighted Average 

  ​ ​ ​

Weighted Average 

SVS Warrants Denominated in C$

Warrants

Exercise Price

Remaining Life

Warrants outstanding at December 31, 2024 and 2025

3,037,649

$

3.50

0.23

Expired

 

(3,037,649)

Warrants outstanding at March 31, 2026

 

$

 

Summary of RSU activity

  ​ ​ ​

  ​ ​ ​

Weighted Avg.

Number of Shares

Fair Value

Balance, December 31, 2024

11,327,530

$

0.40

Granted

71,109,925

0.42

Settled

(22,805,897)

0.49

Forfeitures

(66,341)

1.81

Balance, December 31, 2025, and March 31, 2026

59,565,217

$

0.38

Vested at March 31, 2026

4,401,065

$

0.43