v3.26.1
Share Capital (Tables)
3 Months Ended
Mar. 31, 2026
Share Capital [Abstract]  
Schedule of Outstanding Stock Options

A continuity schedule of outstanding stock options is as follows:

 

    Number
Outstanding
    Weighted
Average
Exercise Price
 
          ($)  
Balance – December 31, 2025     401,557       2.57  
Granted    
-
     
-
 
Exercised    
-
     
-
 
Forfeited     (81,000     2.18  
Balance – March 31, 2026     320,557       2.67  
Vested and exercisable     240,557       2.83  
Schedule of Assumptions for Fair Value of Stock Options

The Company used the following assumptions in calculating the fair value of stock options for the period ended:

 

   March 31,
2025
 
Risk-free interest rate   4.03%
Expected life of options   5 years 
Expected dividend yield   
Nil
 
Volatility   98.83%
Schedule of Share Purchase Warrants Outstanding

At March 31, 2026, the Company had share purchase warrants outstanding as follows:

 

Expiration Date  Warrants
Outstanding
   Exercise
Price
   Weighted
Average
Remaining Life
 
       ($)   (years) 
February 28, 2027   20,689    460.80    0.82 
December 6, 2027   13,781    20.00    1.58 
December 9, 2027   9,876    17.60    1.25 
January 18, 2028   25,906    124.80    1.83 
February 2, 2028   10,938    14.40    1.83 
October 17, 2028   543,468    3.68    2.33 
October 17, 2028   24,457    4.05    2.33 
December 24, 2029   1,077,586    4.00    3.42 
    1,726,701    11.46    3.20