Share Capital (Tables)
|
12 Months Ended |
Dec. 31, 2023 |
|---|
| Share Capital [Line Items] |
|
| Schedule of Outstanding Stock Options |
A continuity schedule of outstanding stock options is as follows:
|
|
|
Number
Outstanding
|
|
Weighted
Average
Exercise
Price
|
| |
|
|
|
($)
|
|
Balance – December 31, 2021
|
|
8,091 |
|
|
1,017.60 |
|
Granted
|
|
6,533 |
|
|
99.04 |
|
Exercised
|
|
|
|
|
|
|
Forfeited
|
|
(386 |
)
|
|
1,484.96 |
|
Balance – December 31, 2022
|
|
14,238 |
|
|
594.08 |
|
Granted
|
|
25,000 |
|
|
14.40 |
|
Exercised
|
|
|
|
|
|
|
Forfeited
|
|
(10,247 |
)
|
|
392.60 |
|
Balance – December 31, 2023
|
|
28,990 |
|
|
165.38 |
|
| Schedule of Assumptions For Fair Value of Stock Options |
The Company used the following assumptions in calculating the fair value of stock options for the period ended:
|
|
|
December 31,
2023
|
|
December 31,
2022
|
|
Risk-free interest rate
|
|
3.93% |
|
2.14% – 4.03% |
|
Expected life of options
|
|
3.69 years |
|
5.0 years |
|
Expected dividend yield
|
|
|
|
|
|
Volatility
|
|
132.65% |
|
96.90% – 112.40% |
|
| Schedule of Share Purchase Warrants Outstanding |
At December 31, 2023, the Company had incentive stock options outstanding as follows:
|
Expiry Date
|
|
Options
Outstanding
|
|
Exercise
Price
|
|
Weighted Average
Remaining Life
|
| |
|
|
|
($)
|
|
(years)
|
|
April 2, 2024
|
|
432 |
|
604.80 |
|
0.25 |
|
June 27, 2024
|
|
26 |
|
614.40 |
|
0.49 |
|
September 27, 2024
|
|
962 |
|
1,087.20 |
|
0.74 |
|
October 22, 2024
|
|
52 |
|
967.20 |
|
0.81 |
|
July 24, 2025
|
|
556 |
|
715.20 |
|
1.56 |
|
July 31, 2025
|
|
546 |
|
715.20 |
|
1.58 |
|
August 10, 2025
|
|
52 |
|
715.20 |
|
1.61 |
|
June 1, 2026
|
|
236 |
|
1,689.60 |
|
2.42 |
|
June 29, 2026
|
|
44 |
|
1,356.00 |
|
2.50 |
|
August 19, 2026
|
|
1,501 |
|
1,008.00 |
|
2.64 |
|
May 10, 2027
|
|
13 |
|
189.60 |
|
3.36 |
|
August 17, 2027
|
|
3,212 |
|
96.00 |
|
3.63 |
|
September 20, 2027
|
|
140 |
|
55.20 |
|
3.72 |
|
February 13, 2028
|
|
21,218 |
|
14.40 |
|
4.12 |
| |
|
28,990 |
|
165.38 |
|
3.69 |
|
| Warrant [Member] |
|
| Share Capital [Line Items] |
|
| Schedule of Outstanding Stock Options |
A continuity schedule of outstanding share purchase warrants is as follows:
|
|
|
Number Outstanding
|
|
Weighted Average
Exercise Price
|
| |
|
|
|
($)
|
|
Balance – December 31, 2021
|
|
18,692 |
|
|
1,639.20 |
|
Exercised
|
|
|
|
|
|
|
Expired
|
|
(11,662 |
)
|
|
1,540.80 |
|
Issued
|
|
322,878 |
|
|
54.72 |
|
Balance – December 31, 2022
|
|
329,908 |
|
|
91.84 |
|
Exercised
|
|
(283,875 |
)
|
|
16.19 |
|
Expired
|
|
|
|
|
|
|
Issued
|
|
850,612 |
|
|
3.83 |
|
Balance – December 31, 2023(1)
|
|
896,645 |
|
|
32.36 |
|
| Schedule of Assumptions For Fair Value of Stock Options |
The Company used the following assumptions in calculating the fair value of the warrants for the period ended:
|
|
|
December 31,
2023
|
|
December 31,
2022
|
|
Risk-free interest rate
|
|
|
4.13% – 4.49% |
|
|
3.99% – 4.22% |
|
Expected life of warrants
|
|
|
2.06 – 4.80 years |
|
|
3.06 – 5.05 years |
|
Expected dividend yield
|
|
|
|
|
|
|
|
Volatility
|
|
|
132.78% |
|
|
119% – 124.9% |
|
Weighted average fair value per warrant
|
|
$
|
4.69 |
|
$
|
4.16 |
|
| Schedule of Share Purchase Warrants Outstanding |
At December 31, 2023, the Company had share purchase warrants outstanding as follows:
|
Expiration Date
|
|
Warrants
Outstanding
|
|
Exercise
Price
|
|
Weighted Average
Remaining Life
|
| |
|
|
|
($)
|
|
(years)
|
|
January 20, 2026(1)
|
|
7,030 |
|
1,800.00 |
|
2.06 |
|
February 28, 2027
|
|
20,689 |
|
460.80 |
|
3.16 |
|
December 6, 2027
|
|
13,781 |
|
20.00 |
|
3.93 |
|
December 9, 2027
|
|
9,876 |
|
17.60 |
|
3.94 |
|
January 18, 2028
|
|
25,906 |
|
124.80 |
|
4.05 |
|
February 2, 2028
|
|
10,938 |
|
14.40 |
|
4.10 |
|
October 17, 2028
|
|
783,968 |
|
3.68 |
|
4.80 |
|
October 17, 2028
|
|
24,457 |
|
4.05 |
|
4.80 |
| |
|
896,645 |
|
32.36 |
|
4.69 |
|