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Shareholders' Equity and Share Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Fair Value of Stock Option Valuation Assumptions

The following key assumptions were used in the valuation model to value stock option grants for each respective period:

		2021		2020				2019
Expected volatility		68.3%  - 75.7%			71.1	%			60.7	%
Dividend		$nil		$nil				$nil
Risk-free interest rate		1.07% - 1.54%			0.52	%			1.86	%
Expected life		4.5 years - 6.9 years		7.1 years				5.7 years
Fair value		CA$5.45 - CA$9.28		CA$5.83				CA$9.73

Summary of Stock Based Compensation Stock Option

Stock option transactions under the Company’s plan for the years ended December 31, 2021, 2020 and 2019 are summarized as follows:

		Number of Options				Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)				Aggregate Intrinsic Value
Outstanding at January 1, 2019			2,164,999			CA$2.10			5.69			$	5,553
Granted during 2019			510,000			CA$16.32			9.19
Exercised during 2019			(212,332	)		CA$1.29			4.85
Forfeited/expired during 2019			(10,001	)		CA$2.20
Outstanding at December 31, 2019			2,452,666			CA$5.12			5.60			$	11,435
Exercisable at December 31, 2019			1,707,337			CA$1.78			4.18			$	10,736
Granted during 2020			1,081,488			CA$8.77			9.75
Exercised during 2020			(425,166	)		CA$1.36			1.62
Forfeited during 2020			(41,666	)		CA$6.93
Outstanding at December 31, 2020			3,067,322			CA$6.91			6.82			$	20,051
Exercisable at December 31, 2020			1,618,168			CA$3.91			4.58			$	15,119
Granted during 2021			792,236			CA$10.62			9.78
Exercised during 2021			(177,000	)		CA$1.34			1.14
Forfeited during 2021			(60,000	)		CA$13.41
Outstanding at December 31, 2021			3,622,558			CA$7.88			7.89			$	8,293
Exercisable at December 31, 2021			2,042,663			CA$6.09			5.14			$	7,621

Schedule of Nonvested Stock Options Activity

A summary of the status of the Company’s non-vested stock options, and the changes during the year ended December 31, 2021 is presented below:

		Number of Options		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Non-vested at January 1, 2021		1,449,154		CA$6.52
Granted		792,236		CA$7.52
Vested		(628,161)		CA$6.65
Forfeited		(33,334)		CA$8.58
Non-vested at December 31, 2021		1,579,895		CA$6.93		CA$671

Summary of Performance Base Restricted Share Unit

Performance-based restricted share unit activity for the years ended December 31, 2021, 2020 and 2019 is as follows:

		Number of Performance-based Restricted Share Units				Weighted Average Grant Date Fair Value
Outstanding at January 1, 2019			1,056,666			CA$5.56
Granted			355,000			CA$14.94
Received			(442,666	)		CA$7.82
Forfeited/expired			(230,000	)		CA$12.90
Outstanding at December 31, 2019			739,000			CA$7.92
Exercisable at December 31, 2019			30,000			CA$12.87
Granted			1,068,000			CA$6.36
Issued			(840,000	)		CA$6.47
Forfeited			(98,000	)		CA$9.59
Outstanding at December 31, 2020			869,000			CA$7.51
Exercisable at December 31, 2020			75,000			CA$6.10
Granted			158,000			CA$9.68
Exercised			(487,000	)		CA$7.14
Forfeited/expired			(310,000	)		CA$8.35
Outstanding at December 31, 2021			230,000			CA$8.67
Exercisable at December 31, 2021			200,000			CA$8.24

Summary of Non-Vested Performance-Based Restricted Share Units

A summary of the status of the Company’s non-vested performance-based restricted share units, and the changes during the year ended December 31, 2021, is presented below:

		Number of Performance-based Restricted Share Units				Weighted Average Grant Date Fair Value
Non-vested at January 1, 2021			794,000			C$7.33
Granted			158,000			C$9.69
Vested			(612,000	)		C$7.68
Forfeited			(310,000	)		C$8.34
Non-vested at December 31, 2021			30,000			C$10.46

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Tabular disclosure of the changes in outstanding nonvested performance-based units.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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