XML 48 R34.htm IDEA: XBRL DOCUMENT

SHARE CAPITAL AND SHAREBASED PAYMENTS (Tables)

6 Months Ended

Jun. 30, 2025

SHARE CAPITAL AND SHAREBASED PAYMENTS

Schedule Of Stock Options

		Underlying Shares				Weighted Average Exercise Price (C$)
Stock options outstanding, January 1, 2024			6,666,000			$	1.27
Granted			2,500,000			$	0.78
Exercised			(1,301,000	)		$	1.04
Cancelled / Forfeited			(190,000	)		$	1.26
Stock options outstanding, December 31, 2024			7,675,000			$	1.15
Granted			2,547,000			$	2.24
Exercised			(2,077,000	)		$	1.43
Stock options outstanding, June 30, 2025			8,145,000			$	1.42
Stock options exercisable, June 30, 2025			5,598,000			$	1.05

Schedule Of Stock Options Outstanding 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 4, 2025		$	1.64				100,000				0.10				100,000				0.35
March 25, 2027		$	1.20				1,775,000				1.73				1,775,000				1.73
March 29, 2028		$	1.12				1,770,000				2.75				1,770,000				2.75
July 10, 2028		$	1.12				150,000				3.03				150,000				3.03
March 25, 2029		$	0.78				1,803,000				3.74				1,803,000				3.74
April 9, 2030		$	2.11				2,397,000				4.78				-				4.78
May 27, 2030		$	4.38				150,000				4.91				-				4.91
							8,145,000				3.36				5,598,000				2.71

Schedule of fair value of stock options and Black-Scholes model

		June 30, 2025				December 31, 2024
Weighted average assumptions:
Risk-free interest rate			2.80	%			3.51	%
Expected dividend yield			0	%			0	%
Expected life (years)			5				5
Expected stock price volatility			60.28	%			60.73	%
Expected forfeiture rate			13	%			15	%
Weighted average fair value		C$1.06				C$0.43

Schedule Of Restricted Share Units Outstanding

		Underlying Shares				Weighted Average Price (C$)
RSUs outstanding, January 1, 2024			2,994,709			$	1.03
Granted			1,881,000			$	1.02
Exercised			(1,197,709	)		$	1.15
Cancelled / Forfeited			(137,132	)		$	1.08
RSUs outstanding, December 31, 2024			3,540,868			$	1.08
Granted			1,547,715			$	2.50
Exercised			(1,308,296	)		$	1.10
Cancelled / Forfeited			(443,572	)		$	1.11
RSUs outstanding, June 30, 2025			3,336,715			$	1.72

Schedule of summarizes information about Restricted Share Units

Issuance Date		Price (C$)				Number of RSUs Outstanding
March 29, 2023		$	1.12				560,000
July 10, 2023		$	0.94				25,000
April 1, 2024		$	1.02				1,204,000
April 9, 2025		$	2.41				1,476,000
May 27, 2025		$	4.38				71,715
							3,336,715

Schedule Of Basic Earnings Per Share And Diluted Earnings Per Share

		Three months ended June 30,								Six months ended June 30,
		2025				2024				2025				2024
Net income for the period		$	2,864			$	1,240			$	8,481			$	1,839
Basic weighted average number of shares outstanding			144,108,234				133,622,131				142,194,583				131,834,975
Effect of dilutive share options, warrants, and RSUs (‘000)			10,026,250				5,326,470				9,706,798				5,372,565
Diluted weighted average number of shares outstanding			154,134,484				138,948,601				151,901,381				137,207,540
Basic income per share		$	0.02			$	0.01			$	0.06			$	0.01
Diluted income per share		$	0.02			$	0.01			$	0.06			$	0.01