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SHARE CAPITAL AND SHARE-BASED PAYMENTS (Tables)

3 Months Ended

Mar. 31, 2023

SHARE CAPITAL AND SHARE-BASED PAYMENTS

Schedule Of Stock Options

		Underlying Shares				Weighted Average Exercise Price (C$)

Stock options outstanding, January 1, 2022			2,839,000			$	1.68
Granted			2,390,000			$	1.20
Exercised			(48,000	)		$	0.79
Expired			(880,000	)		$	1.98
Cancelled / Forfeited			(45,000	)		$	1.40
Stock options outstanding, December 31, 2022			4,256,000			$	1.36
Granted			2,395,000			$	1.12
Stock options outstanding, March 31, 2023			6,651,000			$	1.27
Stock options exercisable, March 31, 2023			4,249,750			$	1.36

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)
August 28, 2023		$	1.30				105,000				0.41				105,000				1.41
August 21, 2024		$	0.79				126,000				1.39				126,000				2.39
August 4, 2025		$	1.64				1,660,000				2.35				1,660,000				3.35
March 25, 2027		$	1.20				2,340,000				3.99				2,340,000				3.99
May 4, 2027		$	0.92				25,000				4.10				18,750				4.10
March 29, 2028		$	1.12				2,395,000				5.00				-				4.99
							6,651,000				3.84				4,249,750				3.18

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

		March 31, 2023				December 31, 2022
Weighted average assumptions:
Risk-free interest rate			3.05	%			2.49	%
Expected dividend yield			0	%			0.0	%
Expected option life (years)			5.00				5.00
Expected stock price volatility			61.05	%			59.98	%
Expected forfeiture rate			17	%			20	%
Weighted average fair value		$	0.61			$	0.63

Schedule Of Rsu Outstanding

		Underlying Shares				Weighted Average Price (C$)

RSUs outstanding, January 1, 2022			1,439,477			$	1.32
Granted			1,799,000				1.19
Exercised			(982,879	)		$	1.18
Cancelled / Forfeited			(64,932	)		$	1.40
RSUs outstanding, December 31, 2022			2,190,666			$	1.27
Granted			1,809,000			$	1.12
Exercised			(592,667	)		$	1.19
RSUs outstanding, March 31, 2023			3,406,999			$	1.21

Schedule of summarizes information about the RSUs

Issuance Date		Price (C$)				Number of RSUs Outstanding
August 4, 2020		$	1.64				412,666
March 25, 2022		$	1.19				1,185,333
March 29, 2023		$	1.12				1,809,000
							3,238,477

Schedule Of Basic Earnings Per Share And Diluted Earnings Per Share

		Three months ended March 31,
		2023				2022
Net income (loss) for the period		$	(352	)		$	646
Basic weighted average number of shares outstanding			118,572,700				103,819,481
Effect of dilutive share options, warrants, and RSUs			4,030,229				3,415,476
Diluted weighted average number of shares outstanding			122,602,929				107,234,957
Basic loss per share		$	(0.00	)		$	0.01
Diluted loss per share		$	(0.00	)		$	0.01