XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
SHARE CAPITAL AND SHAREBASED PAYMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Schedule Of Stock Options

 

 

Underlying

Shares

 

 

Weighted Average Exercise Price (C$)

 

 

 

 

 

 

 

 

Stock options outstanding, January 1, 2021

 

 

3,483,000

 

 

$1.77

 

Exercised

 

 

(264,000)

 

$1.16

 

Expired

 

 

(360,000)

 

$2.95

 

Cancelled / Forfeited

 

 

(20,000)

 

$1.64

 

Stock options outstanding, December 31, 2021

 

 

2,839,000

 

 

$1.68

 

Granted

 

 

2,365,000

 

 

$1.20

 

Exercised

 

 

(48,000)

 

$0.79

 

Stock options outstanding, March 31, 2022

 

 

5,156,000

 

 

$1.47

 

Stock options exercisable, March 31, 2022

 

 

2,791,000

 

 

$1.70

 

Schedule Of Stock Options Outsanding And Exercisable

 

 

 

 

Outstanding

 

 

Exercisable

 

 Expiry Date

 

Price (C$)

 

 

Number of Options

 

 

Weighted Average Remaining Contractual Life (Years)

 

 

Number of Options

 

 

Weighted Average Remaining Contractual Life (Years)

 

September 20, 2022

 

$1.98

 

 

 

880,000

 

 

 

0.47

 

 

 

880,000

 

 

 

0.47

 

August 28, 2023

 

$1.30

 

 

 

105,000

 

 

 

1.41

 

 

 

105,000

 

 

 

1.41

 

August 21, 2024

 

$0.79

 

 

 

126,000

 

 

 

2.39

 

 

 

126,000

 

 

 

2.39

 

August 4, 2025

 

$1.64

 

 

 

1,680,000

 

 

 

3.35

 

 

 

1,680,000

 

 

 

3.35

 

March 25, 2027

 

$1.20

 

 

 

2,365,000

 

 

 

4.99

 

 

 

-

 

 

 

4.99

 

 

 

 

 

 

 

 

5,156,000

 

 

 

3.55

 

 

 

2,791,000

 

 

 

2.33

 

Schedule of fair value of the stock options was calculated using the Black-Scholes model

 

 

March 31,

2022

 

 

December 31,

2021

 

Weighted average assumptions:

 

 

 

 

 

 

Risk-free interest rate

 

 

2.49%

 

-

Expected dividend yield

 

 

0%

 

-

Expected warrant life (years)

 

 

5.00

 

 

 

-

 

Expected stock price volatility

 

 

59.97%

 

-

Expected forfeiture rate

 

 

20%

 

-

Weighted average fair value

 

$0.63

 

 

 

-

 

Schedule Of Rsu Outstanding

 

 

Underlying

Shares

 

 

Weighted Average Price (C$)

 

 

 

 

 

 

 

 

RSUs outstanding, January 1, 2021

 

 

2,874,000

 

 

$1.28

 

Exercised

 

 

(1,330,167)

 

$1.22

 

Cancelled / Forfeited

 

 

(104,356)

 

$1.54

 

RSUs outstanding, December 31, 2021

 

 

1,439,477

 

 

$1.32

 

Granted

 

 

1,799,000

 

 

$1.19

 

RSUs outstanding, March 31, 2022

 

 

3,238,477

 

 

$1.25

 

Schedule of fair value of options granted

Issuance Date

 

Price (C$)

 

 

Number of RSUs Outstanding

 

August 21, 2019

 

$0.79

 

 

 

539,733

 

August 4, 2020

 

$1.64

 

 

 

899,744

 

March 23, 2022

 

$1.19

 

 

 

1,799,000

 

 

 

 

 

 

 

 

3,238,477

 

Schedule Of Basic Earnings Per Share And Diluted Earnings Per Share

 

 

Three months ended March 31,

 

 

 

 2022

 

 

 2021

 

Net income (loss) for the period

 

$646

 

 

$(1,818)

Basic weighted average number of shares outstanding

 

 

103,819,481

 

 

 

96,204,148

 

Effect of dilutive share options, warrants, and RSUs

 

 

3,415,476

 

 

 

-

 

Diluted weighted average number of shares outstanding

 

 

107,234,957

 

 

 

96,204,148

 

Basic loss per share

 

$0.01

 

 

$(0.02)

Diluted loss per share

 

$0.01

 

 

$(0.02)