Quarterly report [Sections 13 or 15(d)]

Share Capital (Tables)

v3.25.1
Share Capital (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Summary Of Potentially Dilutive Securities

The following table summarizes potentially dilutive securities, and the resulting common share equivalents outstanding as of March 31, 2025 and December 31, 2024:

 

 

March 31, 2025

 

December 31, 2024

Common share options

 

7,877

 

7,877

Restricted stock units

 

298,878

 

325,539

Total

 

306,755

 

333,416

Summary Of Option Activity

The following table summarizes certain information in respect of option activity during the period:

 

 

Three Months Ended March 31, 2025

 

 

Year Ended December 31, 2024

 

 

Units

 

 

Weighted Average
Exercise Price

 

Weighted Average Contractual Life

 

 

Units

 

 

Weighted Average
Exercise Price

 

Weighted Average Contractual Life

Options outstanding, beginning

 

7,877

 

$

0.05

 

5.53

 

 

7,877

 

$

0.05

 

6.78

Granted

 

 

 

 

 

 

 

 

 

Cancellations

 

 

 

 

 

 

 

 

 

Forfeitures

 

 

 

 

 

 

 

 

 

Expirations

 

 

 

 

 

 

 

 

 

Options outstanding, ending (1)

 

7,877

 

$

0.05

 

5.28

 

 

7,877

 

$

0.05

 

5.53

 

(1)
As of March 31, 2025, 7,877 of the stock options outstanding were exercisable (December 31, 2024 - 7,877).
Summary Of Restricted Stock Units Activity

The following table summarizes certain information in respect of RSU activity during the period:

 

 

Three Months Ended March 31, 2025

 

Year Ended December 31, 2024

 

 

Units

 

 

Weighted
Average
Grant Price

 

Units

 

 

Weighted
Average
Grant Price

Unvested balance, beginning

 

298,877

 

$

0.01

 

315,668

 

$

0.02

Granted

 

 

 

 

144,500

 

 

0.01

Vested

 

(212)

 

 

0.07

 

(126,957)

 

 

0.02

Forfeited

 

 

 

 

(34,334)

 

 

0.02

Unvested balance, ending

 

298,665

 

$

0.01

 

298,877

 

$

0.01