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Share-based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Stock-based Compensation Expense

The following table summarizes the total share-based compensation expense associated with the Company’s stock options and RSUs for the three and six months ended June 30, 2024 and 2023:

			For the three months ended June 30,									For the six months ended June 30,
			2024						2023			2024						2023
Stock options			$	33					$	372		$	67					$	1,106
RSUs			2,203						1,959			4,184						3,760
Total share-based compensation			$	2,236					$	2,331		$	4,251					$	4,866

Summary of the Changes in Options and Options Outstanding

The following is a summary of the changes in stock options for the six months ended June 30, 2024 and 2023:

			Weighted-average exercise price (C$) (i)						Number of options						Weighted-average remaining contractual term (years)
Balance as of January 1, 2024			$	14.50					2,103,201						1.84
Cancellation, forfeiture and expiry of options			19.05						(1,381,696)
Balance as of June 30, 2024			$	5.78					721,505						4.13
Exercisable as of June 30, 2024			$	6.59					520,820						3.58

			Weighted-average exercise price (C$) (i)						Number of options						Weighted-average remaining contractual term (years)
Balance as of January 1, 2023			$	10.57					5,350,600						0.73
Issuance of options			2.96						188,317
Cancellation, forfeiture and expiry of options			7.75						(3,435,716)
Balance as of June 30, 2023			$	14.50					2,103,201						2.34
Exercisable as of June 30, 2023			$	18.72					1,426,612						1.00

(i)The weighted-average exercise price reflects the conversion of foreign currency-denominated stock options translated into C$ using the average foreign exchange rate as of the date of issuance.

The following table summarizes stock options outstanding:

			As of June 30, 2024						As of December 31, 2023
2020 Omnibus Plan			702,264						702,264
2018 Stock Option Plan			19,241						1,400,937
Total stock options outstanding			721,505						2,103,201

Summary of Changes in RSUs

The following is a summary of the changes in RSUs for the six months ended June 30, 2024 and 2023:

			Weighted-average grant date fair value (C$)(ii)						Number of RSUs
Balance as of January 1, 2024			$	3.77					7,381,541
Granted(i)			2.95						2,503,835
Vested and issued			3.53						(1,343,425)
Cancellation and forfeitures			2.98						(91,726)
Balance as of June 30, 2024			$	3.57					8,450,225

			Weighted-average grant date fair value (C$)(ii)						Number of RSUs
Balance as of January 1, 2023			$	4.63					5,725,470
Granted(i)			2.66						2,819,174
Vested and issued			5.04						(735,523)
Cancellation and forfeitures			3.93						(254,382)
Balance as of June 30, 2023			$	3.87					7,554,739

(i)RSUs granted in the period vest annually in equal installments over a three-year period from either the grant date or after a three or five year “cliff-period.” All RSUs are subject to such holder’s continued employment through each vesting date. The vesting of such RSUs is not subject to the achievement of any performance criteria.

(ii)The weighted-average grant date fair value reflects the conversion of foreign currency-denominated RSUs translated into C$ using the foreign exchange rate as of the date of issuance.

Summary of Changes in DSUs and Warrants

The following is a summary of the changes in DSUs for the six months ended June 30, 2024 and 2023:

			Financial liability						Number of DSUs
Balance as of January 1, 2024			$	1,092					521,679
DSU liabilities settled			(359)						(155,383)
Loss on revaluation			122						—
Balance as of June 30, 2024			$	855					366,296

			Financial liability						Number of DSUs
Balance as of January 1, 2023			$	674					265,732
Gain on revaluation			(150)						—
Balance as of June 30, 2023			$	524					265,732

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of the change in stock options.

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