WARRANTS AND OPTIONS (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
| Warrants And Options |
|
| SCHEDULE OF WARRANTS TRANSACTIONS |
SCHEDULE OF WARRANTS TRANSACTIONS
| | |
Number | | |
Weighted
Average Exercise Price | |
| Balance,
January 1, 2025 | |
| 4,928,329 | | |
$ | 6.17 | |
| Expiry of warrants | |
| (721,239 | ) | |
| | |
| Exercise of warrants | |
| (3,474,595 | ) | |
| | |
| Warrants issued in
the January 2025 Registered Direct Offering and September 2025 underwritten public offering | |
| 554,313 | | |
| | |
| Balance, December 31,
2025 | |
| 1,286,808 | | |
$ | 13.39 | |
| Exercise of warrants | |
| (252,967 | ) | |
| | |
| Balance,
March 31, 2026 | |
| 1,033,841 | | |
$ | 16.15 | |
|
| SCHEDULE OF OUTSTANDING WARRANTS |
(ii) As
at March 31, 2026, the Company had outstanding warrants, enabling the holders to acquire Common Shares as follows:
SCHEDULE OF OUTSTANDING WARRANTS
March
31, 2026 | | |
Expiry
date | |
Exercise
price | | |
Exercise
price (USD) | |
| | 88,440 | | |
April 18, 2026 | |
ILS | 72.563 | | |
$ | 22.93 | |
| | 433,825 | | |
May 28, 2026 | |
ILS | 72.563 | | |
$ | 22.93 | |
| | 3,200 | | |
October 2, 2026 | |
USD | 1.88 | | |
$ | 1.88 | |
| | 183,751 | | |
January 29, 2030 | |
USD | 8.00 | | |
$ | 8.00 | |
| | 324,625 | | |
September 16, 2030 | |
USD | 10.00 | | |
$ | 10.00 | |
| | 1,033,841 | | |
| |
| | | |
| | |
|
| SCHEDULE OF STOCK OPTION TRANSACTIONS |
(i) Stock
option transactions for the three months ended March 31, 2026, and for the year ending December 31, 2025, are as follows:
SCHEDULE OF STOCK OPTION TRANSACTIONS
| | |
Number | | |
Weighted
Average Exercise Price (CAD) | | |
Weighted
Average Exercise Price (USD) | |
| Balance
January 1, 2025 | |
| 1,756,670 | | |
$ | 5.39 | | |
$ | 3.75 | |
| Options cancelled | |
| (127,668 | ) | |
| | | |
| | |
| Options exercised | |
| (225,332 | ) | |
| | | |
| | |
| Options granted | |
| 2,863,500 | | |
| | | |
| | |
| Balance
December 31, 2025 | |
| 4,267,170 | | |
$ | 6.14 | | |
$ | 8.41 | |
| Options cancelled | |
| (70,000 | ) | |
| | | |
| | |
| Options exercised | |
| (4,000 | ) | |
| | | |
| | |
| Options granted | |
| 25,000 | | |
| | | |
| | |
| Balance
March 31, 2026 | |
| 4,218,170 | | |
$ | 8.52 | | |
$ | 6.11 | |
|
| SCHEDULE OF OUTSTANDING STOCK OPTIONS |
(ii) As
at March 31, 2026, the Company had outstanding stock options, enabling the holders to acquire Common Shares as follows:
SCHEDULE
OF OUTSTANDING STOCK OPTIONS
Outstanding
as of
March 31, 2026 | | |
Exercisable
as of
March 31, 2026 | | |
Expiry
date | |
Exercise
price (CAD) | | |
Exercise
price (USD) | |
| | 20,000 | | |
| 20,000 | | |
June 3, 2026 | |
CAD | 21.00 | | |
$ | 15.07 | |
| | 6,670 | | |
| 6,670 | | |
October 28, 2026 | |
CAD | 20.00 | | |
$ | 14.35 | |
| | 360,000 | | |
| 360,000 | | |
August 2, 2032 | |
CAD | 8.90 | | |
$ | 6.38 | |
| | 120,000 | | |
| 120,000 | | |
August 21, 2032 | |
CAD | 10.00 | | |
$ | 7.17 | |
| | 220,000 | | |
| 220,000 | | |
January 4, 2033 | |
CAD | 4.13 | | |
$ | 2.96 | |
| | 100,000 | | |
| 100,000 | | |
January 4, 2033 | |
CAD | 4.13 | | |
$ | 2.96 | |
| | 40,000 | | |
| 40,000 | | |
November 25, 2027 | |
CAD | 5.03 | | |
$ | 3.60 | |
| | 99,000 | | |
| 91,000 | | |
April 18, 2033 | |
CAD | 4.00 | | |
$ | 2.87 | |
| | 441,000 | | |
| 146,333 | | |
August 14, 2034 | |
CAD | 2.47 | | |
$ | 1.78 | |
| | 105,000 | | |
| 35,000 | | |
January 15, 2035 | |
CAD | 8.92 | | |
$ | 6.40 | |
| | 500,000 | | |
| 500,000 | | |
February 2, 2035 | |
CAD | 8.92 | | |
$ | 6.40 | |
| | 30,000 | | |
| 10,000 | | |
June 20, 2035 | |
CAD | 2.47 | | |
$ | 1.775 | |
| | 177,000 | | |
| - | | |
June 20, 2035 | |
CAD | 8.92 | | |
$ | 6.40 | |
| | 224,000 | | |
| 6,667 | | |
October 9, 2035 | |
CAD | 11.15 | | |
$ | 8.00 | |
| | 500,000 | | |
| 500,000 | | |
December 30, 2035 | |
CAD | 8.36 | | |
$ | 6.00 | |
| | 1,250,500 | | |
| 805,000 | | |
December 30, 2035 | |
CAD | 11.15 | | |
$ | 8.00 | |
| | 25,000 | | |
| - | | |
March 27, 2036 | |
CAD | 11.15 | | |
$ | 8.00 | |
| | 4,218,170 | | |
| 2,960,670 | | |
| |
| | | |
| | |
|
| SCHEDULE OF RSU’S TRANSACTIONS |
RSUs
transactions for the three months ended March 31, 2026, and for the year ending December 31, 2025, are as follows:
SCHEDULE
OF RSU’S TRANSACTIONS
| | |
Number | |
| Balance, January 1, 2025 | |
| 110,667 | |
| RSUs granted | |
| 1,545,000 | |
| Expiry of RSUs | |
| (6,000 | ) |
| Exercise of RSUs | |
| (219,667 | ) |
| Balance, December 31,
2025 | |
| 1,430,000 | |
| Exercise of RSUs | |
| (400,000 | ) |
| Balance, March 31,
2026 | |
| 1,030,000 | |
|