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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of income tax [Abstract]  
Schedule of Provision for income taxes
The provision for income taxes recorded in the consolidated financial statements differs from the amount which would be obtained by applying the statutory income tax rate to the loss before income taxes as follows:
202420232022
Loss before income taxes$(31,580)$(27,655)$(24,751)
Statutory Canadian corporate tax rate23.00%23.00%23.00%
Anticipated tax recovery(7,263)(6,361)(5,693)
Difference in tax rates3,3232,8413,552
Share-based compensation expense668441547
Revaluation of tax balances(639)2(338)
Impact of Barbados rate change—(9,088)—
Other permanent differences94325(368)
Expiry of tax benefits1,8043,3821,614
Change in fair value of warrant derivative(286)(1,215)5
Provision to offset deferred tax asset2,4299,770765
Current income taxes$130$97$84
Schedule of unrecognized non-capital losses, non-refundable credits and deferred tax assets
Deferred tax assets are recognized, to the extent that it is probable that taxable income will be available to utilize the deductible temporary differences. The components of our unrecognized deferred tax asset are as follows:
202420232022
Non-capital losses carried forward$40,078 $37,174 $26,726 
Scientific research and experimental development7,861 7,742 7,648 
Investment tax credits2,956 3,123 3,363 
Property and equipment453 382 366 
Share issue costs666 833 518 
Net capital losses carried forward6 6 6 
Unrecognized deferred tax asset$52,020 $49,260 $38,627