Annual report [Section 13 and 15(d), not S-K Item 405]

EQUITY (Tables)

v3.25.1
EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of common shares reserved for future issuance

December 31, 

2024

    

2023

Warrants

57,141,386

 

13,595,987

Series 2 Convertible Preferred Shares

 

1,166,667

Options issued and outstanding under stock option plan

3,574,453

 

898,262

Deferred Share Units granted

1,061

 

1,061

Common Shares available for grant under stock option plan

2,963,385

 

471,843

Total Common Shares reserved for future issuance

63,680,285

 

16,133,820

Warrants.  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of fair value of the liability

    

December 31, 

2024

Fair value at December 31, 2023

$

94,185

July 2024 PIPE AB Warrant Liability at issuance

 

31,182,033

Change in fair value of 2024 PIPE AB Warrant Liability

(22,492,884)

Reclassification of 2024 PIPE AB Warrant Liability to equity

(8,689,149)

Change in fair value of C$ warrant liability

(88,593)

Fair value at December 31, 2024

$

5,592

December 31, 

2023

Fair value at December 31, 2022

$

1,859,374

Change in fair value of the warrant liability

 

(564,548)

Foreign exchange loss

 

(7,426)

Fair value of US$ warrant liability as of June 30, 2023

1,287,400

Fair value of previously liability-classified US$ warrants reclassified to additional paid-in-capital as of July 1, 2023

(1,287,400)

Fair value of previously equity-classified C$ warrants reclassified to warrant liability as of July 1, 2023

396,375

Change in fair value of C$ warrant liability

(302,190)

Fair value at December 31, 2023

$

94,185