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Equity-Settleable Convertible Notes (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about borrowings [abstract]  
Schedule of Convertible Notes

The Convertible Notes represent financial instruments that include a debt host accounted for at amortized cost and conversion option and redemption option derivatives, which are separated from the debt host and accounted for at fair value with changes in fair value recorded in the statement of comprehensive loss. These derivatives are accounted for together as a single derivative when separated from the debt host.

 

 

 

Debt host

 

 

Convertible
note
derivative

 

 

Total

 

 

 

$

 

 

$

 

 

$

 

Convertible notes

 

 

 

 

 

 

 

 

 

As at December 31, 2022

 

 

169,127

 

 

 

35,345

 

 

 

204,472

 

Gain on change in fair value of convertible notes derivative

 

 

-

 

 

 

(22,207

)

 

 

(22,207

)

Accrued Interest

 

 

22,623

 

 

 

-

 

 

 

22,623

 

Interest payment

 

 

(2,452

)

 

 

-

 

 

 

(2,452

)

Reclassification of short-term accrued interest to short-term liability

 

 

(2,075

)

 

 

-

 

 

 

(2,075

)

As at December 31, 2023

 

 

187,223

 

 

 

13,138

 

 

 

200,361

 

Gain on change in fair value of convertible notes derivative

 

 

-

 

 

 

(12,530

)

 

 

(12,530

)

Accrued Interest

 

 

25,134

 

 

 

-

 

 

 

25,134

 

Interest payment

 

 

(2,453

)

 

 

-

 

 

 

(2,453

)

Reclassification of short-term accrued interest to short-term liability

 

 

(2,075

)

 

 

-

 

 

 

(2,075

)

As at December 31, 2024

 

 

207,829

 

 

 

608

 

 

 

208,437