Stock-Based Compensation (Tables)
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3 Months Ended |
Mar. 31, 2026 |
| Stock-Based Compensation |
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| 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 | |
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| 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 |
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| 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 | | — | | $ | — | | — |
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| 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 |
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