v3.26.1
Stock Options (Tables)
6 Months Ended
Jun. 30, 2026
Stock Options  
Schedule of assumptions used to value stock options

 

 

Year-ended December 31, 2024

 

Risk free interest rate

 

4.0%-4.1

%

Stock volatility factor

 

90%-98

%

Weighted average expected life of options

 

3.4-5 years

 

Expected dividend yield

 

 

0%
Schedule of stock options activity

 

 

Six Months Ended

June 30, 2026

 

 

Six Months Ended

June 30, 2025

 

 

 

Options

 

 

Weighted Average Exercise Price

 

 

Options

 

 

Weighted Average Exercise Price

 

Outstanding, beginning of period

 

 

3,500,000

 

 

$0.04

 

 

 

4,100,000

 

 

$0.10

 

Repricing

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(0.06)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, end of period

 

 

3,500,000

 

 

$0.04

 

 

 

4,100,000

 

 

$0.04

 

Schedule of stock options outstanding

Issue Date

 

Number

 

 

Price

 

 

Expiry Date

 

Outstanding at

June 30, 2026

 

 

Weighted Average Remaining Contractual Life

(in years)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

May 26, 2022

 

 

3,500,000

 

 

$0.04

 

 

May 26, 2027

 

 

3,500,000

 

 

 

0.99