XML 57 R35.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of share-based payment arrangement [Abstract] |
Schedule of stock options and weighted average exercise prices of share options | Our stock option activity for the years ended December 31 was as follows:
| 2023 |  | 2022 |  | 2021
| Number of options | Weighted Average Exercise Price $ |  | Number of options | Weighted Average Exercise Price $ |  | Number of options | Weighted Average Exercise Price $
Outstanding, beginning of year | 5,963,185 |  | 2.91 |  | 5,334,420 |  | 3.53 |  | 3,764,055 |  | 4.08
Granted | 2,145,400 |  | 2.23 |  | 1,005,000 |  | 2.04 |  | 1,832,500 |  | 2.99
Forfeited | (280,288) |  | 2.86 |  | (62,962) |  | 3.83 |  | (110,612) |  | 6.21
Expired | (314,573) |  | 4.17 |  | (304,940) |  | 10.80 |  | (28,364) |  | 37.63
Exercised | (450,391) |  | 1.74 |  | (8,333) |  | 1.45 |  | (123,159) |  | 1.94
Outstanding, end of year | 7,063,333 |  | 2.72 |  | 5,963,185 |  | 2.91 |  | 5,334,420 |  | 3.53
Exercisable, end of year | 5,039,604 |  | 2.85 |  | 4,420,482 |  | 3.01 |  | 3,165,679 |  | 3.82
Schedule of stock options outstanding and exercisable by range of exercise price | The following table summarizes information about the stock options outstanding and exercisable at December 31, 2023:
Range of Exercise Prices |  | Number Outstanding |  | Weighted Average Remaining Contractual Life (years) |  | Weighted Average Exercise Price $ |  | Number Exercisable |  | Weighted Average Exercise Price $
$1.14 - $2.00 |  | 2,015,400 |  |  | 3.7 |  | 1.75 |  | 1,082,629 |  |  | 1.61
$2.01 - $2.70 |  | 1,260,664 |  |  | 2.4 |  | 2.25 |  | 1,063,990 |  |  | 2.23
$2.71 - $3.11 |  | 978,033 |  |  | 4.1 |  | 2.78 |  | 364,165 |  |  | 2.80
$3.12 - $4.00 |  | 2,665,769 |  |  | 1.5 |  | 3.32 |  | 2,385,353 |  |  | 3.30
$4.01 - $16.53 |  | 143,467 |  |  | 0.5 |  | 9.20 |  | 143,467 |  |  | 9.20
|  | 7,063,333 |  |  | 2.6 |  | 2.72 |  | 5,039,604 |  |  | 2.85
Schedule of weighted average remaining contractual life and outstanding stock options by exercise price | The following table summarizes information about the stock options outstanding and exercisable at December 31, 2023:
Range of Exercise Prices |  | Number Outstanding |  | Weighted Average Remaining Contractual Life (years) |  | Weighted Average Exercise Price $ |  | Number Exercisable |  | Weighted Average Exercise Price $
$1.14 - $2.00 |  | 2,015,400 |  |  | 3.7 |  | 1.75 |  | 1,082,629 |  |  | 1.61
$2.01 - $2.70 |  | 1,260,664 |  |  | 2.4 |  | 2.25 |  | 1,063,990 |  |  | 2.23
$2.71 - $3.11 |  | 978,033 |  |  | 4.1 |  | 2.78 |  | 364,165 |  |  | 2.80
$3.12 - $4.00 |  | 2,665,769 |  |  | 1.5 |  | 3.32 |  | 2,385,353 |  |  | 3.30
$4.01 - $16.53 |  | 143,467 |  |  | 0.5 |  | 9.20 |  | 143,467 |  |  | 9.20
|  | 7,063,333 |  |  | 2.6 |  | 2.72 |  | 5,039,604 |  |  | 2.85
Disclosure weighted average assumptions and fair value of options | The estimated fair value of stock options granted during the years ended December 31 were determined using the following weighted average assumptions:
| 2023 |  | 2022 |  | 2021
Risk-free interest rate | 4.1% |  | 3.4% |  | 0.7%
Expected life | 3.0 years |  | 3.0 years |  | 3.0 years
Expected volatility | 72.0% |  | 96.0% |  | 110.5%
Expected dividend yield | Nil |  | Nil |  | Nil
Weighted average fair value of options | $1.12 |  | $1.24 |  | $1.99
Schedule of number of other equity instruments | Our share award activity for the years ended December 31 was as follows:
| 2023 |  | 2022 |  | 2021
Outstanding, beginning of year | — |  |  | 40,560 |  |  | 134,618 |
Granted | 403,200 |  |  | — |  |  | — |
Forfeited | (4,760) |  |  | — |  |  | — |
Released | — |  |  | (40,560) |  |  | (94,058) |
Outstanding, end of year | 398,440 |  |  | — |  |  | 40,560 |
(1) The weighted average fair value of the RSAs granted was $2.23in 2023.
Schedule of compensation warrants weighted average assumptions | We used the following weighted average assumptions:
Underlying share price | US$2.28
Risk-free interest rate | 3.8%
Expected life | 5.0 years
Expected volatility | 36.5%
Expected dividend yield | Nil
Weighted average fair value of options | US$0.88

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 47 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_b&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedOtherEquityInstrumentsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 47 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_b&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of share-based payment arrangement [Abstract] + References No definition available. + Details
Name: | oncyf_DisclosureofsharebasedpaymentarrangementAbstract
Namespace Prefix: | oncyf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration