Share Capital and Additional Paid in Capital Authorized (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Share Capital And Additional Paid In Capital Authorized [Abstract] |
|
| Summary of Warrant Activity |
The following is a summary of share purchase warrants activities during the years ended December 31, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
Number of Share Purchase Warrants |
|
|
Weighted Average Exercise Price |
|
Outstanding January 1, 2024 |
|
|
22,571,471 |
|
|
$ |
1.22 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
(4,838,707 |
) |
|
|
1.24 |
|
Outstanding December 31, 2024 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
Issued |
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
Expired |
|
|
— |
|
|
|
— |
|
Outstanding December 31, 2025 |
|
|
17,732,764 |
|
|
$ |
1.21 |
|
|
| Schedule of Purchase Warrants Outstanding and Exercisable |
As of December 31, 2025, the following share purchase warrants were outstanding and exercisable:
|
|
|
|
|
|
|
|
|
|
|
Outstanding |
|
|
Exercise Price |
|
Remaining life (years) |
|
|
Expiry Date |
|
7,537,313 |
|
|
$1.50 |
|
|
0.33 |
|
|
April 29, 2026 |
|
10,195,451 |
|
|
$1.00 |
|
|
4.50 |
|
|
Jun 30, 2030 |
|
17,732,764 |
|
|
|
|
|
|
|
|
As of December 31, 2024, the following share purchase warrants were outstanding and exercisable:
|
|
|
|
|
|
|
|
|
|
|
Outstanding |
|
|
Exercise Price |
|
Remaining life (years) |
|
|
Expiry Date |
|
7,537,313 |
|
|
$1.50 |
|
|
1.33 |
|
|
April 29, 2026 |
|
10,195,451 |
|
|
$1.00 |
|
|
5.50 |
|
|
June 30, 2030 |
|
17,732,764 |
|
|
|
|
|
|
|
|
|
| Summary of Stock Option Activities |
The following is a summary of stock option activities for the years ended December 31, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options |
|
|
Weighted average exercise price |
|
|
Weighted average grant date fair value |
|
Outstanding January 1, 2024 |
|
|
470,668 |
|
|
$ |
0.25 |
|
|
$ |
0.29 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Forfeited |
|
|
(224,001 |
) |
|
|
0.37 |
|
|
|
0.36 |
|
Outstanding December 31, 2024 |
|
|
246,667 |
|
|
$ |
0.25 |
|
|
$ |
0.25 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
(246,667 |
) |
|
|
0.25 |
|
|
|
0.25 |
|
Forfeited |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Outstanding December 31, 2025 |
|
|
— |
|
|
$ |
- |
|
|
$ |
- |
|
|
| Summary of Stock Options Outstanding and Exercisable |
As of December 31, 2024, the following stock options were outstanding and exercisable:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding |
|
|
Exercisable |
|
|
Exercise Price |
|
|
Remaining life (years) |
|
|
Expiry Date |
|
246,667 |
|
|
|
246,667 |
|
|
$ |
0.25 |
|
|
|
— |
|
|
June 23, 2025 |
|
246,667 |
|
|
|
246,667 |
|
|
|
|
|
|
|
|
|
|
| Summary of RSU Activities |
The following is a summary of RSU activities for the years ended December 31, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
Number of RSUs |
|
|
Weighted average grant date fair value per RSU |
|
Outstanding January 1, 2024 |
|
|
5,039,603 |
|
|
$ |
0.98 |
|
Granted |
|
|
4,010,000 |
|
|
|
0.52 |
|
Vested |
|
|
(2,080,648 |
) |
|
|
1.01 |
|
Forfeited |
|
|
(1,700,582 |
) |
|
|
0.92 |
|
Outstanding December 31, 2024 |
|
|
5,268,373 |
|
|
$ |
0.65 |
|
Granted |
|
|
5,211,597 |
|
|
|
0.67 |
|
Vested |
|
|
(3,134,210 |
) |
|
|
0.64 |
|
Forfeited |
|
|
(1,192,723 |
) |
|
|
0.63 |
|
Outstanding December 31, 2025 |
|
|
6,153,037 |
|
|
$ |
0.68 |
|
|