Shareholders' Equity and Capital Stock (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Shareholders' Equity and Capital Stock |
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| Schedule Of activity with respect to stock options |
| | | | | | | Outstanding | | Weighted-average | | | Options | | Exercise Price | Stock Option Activity | | # | | $ | | | | | | December 31, 2025 | | 8,883,608 | | 1.31 | | | | | | Granted | | 120,000 | | 1.65 | Exercised | | (475,005) | | 1.09 | Forfeited | | (113,649) | | 1.42 | Expired | | (19,250) | | 1.48 | | | | | | June 30, 2026 | | 8,395,704 | | 1.32 |
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| Schedule of outstanding stock options |
As of June 30, 2026, outstanding stock options are as follows (expressed in U.S. dollars): | | | | | | | | | | | | | | | | | Options Outstanding | | Options Exercisable | | | Weighted- | | | | Weighted- | | | | | | Weighted- | | | | | average | | | | average | | Aggregate | | | | average | | Aggregate | | | exercise | | Number | | remaining | | intrinsic | | Number | | remaining | | intrinsic | | | Price | | of options | | contractual | | value | | of options | | contractual | | value | | | $ | | # | | life (years) | | $ | | # | | life (years) | | $ | | Expiry | | | | | | | | | | | | | | | | 1.01 | | 905,598 | | 0.2 | | 313,163 | | 905,598 | | 0.2 | | 313,163 | | 2026-08-27 | 1.57 | | 175,000 | | 0.7 | | — | | 175,000 | | 0.7 | | — | | 2027-03-14 | 1.09 | | 1,080,700 | | 1.5 | | 289,990 | | 1,080,700 | | 1.5 | | 289,990 | | 2028-01-04 | 1.45 | | 994,811 | | 2.4 | | — | | 656,176 | | 2.4 | | — | | 2028-12-07 | 1.73 | | 500,000 | | 2.9 | | — | | 333,332 | | 2.9 | | — | | 2029-05-08 | 1.25 | | 1,792,043 | | 3.5 | | 203,198 | | 568,107 | | 3.5 | | 64,417 | | 2029-12-12 | 1.21 | | 175,000 | | 4.1 | | 26,006 | | — | | — | | — | | 2030-08-07 | 1.47 | | 120,000 | | 4.2 | | — | | — | | — | | — | | 2030-09-19 | 1.42 | | 2,532,552 | | 4.5 | | — | | — | | — | | — | | 2030-12-22 | 1.61 | | 120,000 | | 4.5 | | — | | — | | — | | — | | 2031-01-12 | | | | | | | | | | | | | | | | 1.32 | | 8,395,704 | | 3.0 | | 832,357 | | 3,718,913 | | 1.7 | | 667,570 | | |
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| Summary of activity with respect to liability-classified stock options outstanding |
| | | Liability-classified Stock Option Activity | | Total | | | | December 31, 2025 | | 1,346 | | | | Stock compensation expense as adjusted | | 519 | Options exercised | | (245) | Options forfeited | | (4) | Foreign exchange adjustments | | (67) | Increase (decrease) in liability due to fair value recalculations | | (102) | | | | June 30, 2026 | | 1,447 |
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| Schedule of fair value assumptions |
| | | Black-Scholes assumptions | | June 30, 2026 | | | | Expected life (years) | | 0.2 - 3.6 | Volatility | | 60.4% -95.9% | Risk free rate | | 2.7% - 2.9% | Expected dividend rate | | —% | Exercise price (CAD$) | | $1.44 - $2.46 | Market price (CAD$) | | $1.92 |
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| Schedule of activity with respect to RSUs outstanding |
| | | | | | | | | Weighted-average | | | Outstanding | | grant date | | | RSUs | | fair value | Restricted Share Unit Activity | | # | | $ | | | | | | December 31, 2025 | | 1,127,706 | | 1.38 | | | | | | Redeemed | | (23,206) | | 1.36 | Forfeited | | (6,571) | | 1.47 | | | | | | June 30, 2026 | | 1,097,929 | | 1.38 |
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| Schedule Of Schedule Of Restricted Share Unit Outstanding |
As of June 30, 2026, outstanding RSUs were as follows (expressed in U.S. dollars): | | | | | | | RSUs Outstanding | | | Weighted- | | | | | | | Average | | Aggregate | | | Number | | Remaining | | Fair | | | of RSUs | | contractual | | Value | | Vesting | # | | life (years) | | $ | | Date | | | | | | | | 464,782 | | 0.5 | | 632,104 | | 2026-12-12 | 633,147 | | 1.5 | | 861,080 | | 2027-12-22 | 1,097,929 | | 1.0 | | 1,493,184 | | |
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| Schedule Of warrant activity |
| | | | | | | | | | | Number of | | Weighted- | | | | | shares to | | Average | | | Outstanding | | be issued | | exercise price | | | Warrants | | upon exercise | | per common share | Warrant Activity | | # | | # | | $ | | | | | | | | December 31, 2025 | | 38,273,500 | | 19,136,750 | | 1.50 | | | | | | | | Exercised | | (38,259,998) | | (19,129,999) | | 1.50 | Expired | | (13,502) | | (6,751) | | 1.50 | | | | | | | | June 30, 2026 | | — | | — | | — |
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