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WARRANTS | 3 Months Ended
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Mar. 31, 2023
WARRANTS |
Warrants | 13. WARRANTS The following summarizes the number of warrants outstanding as of March 31, 2023:
|  | Number of warrants |  |  | Weighted average exercise price |
|  | Thousands |  |  |  |
Balance, December 31, 2022 |  |  | 19,210 |  |  | $ | 1.24 |
Exercised |  |  | 0 |  |  |  | 0.40 |
Balance, March 31, 2023 |  |  | 19,210 |  |  | $ | 1.24 |
Date of expiry |  | Warrants outstanding |  |  | Exercise price |  |  | Grant date fair value |  |  | Remaining life in years |
|  | Thousands |  |  |  |  |  |  |  |  |  |
November 18, 2026 |  |  | 4,425 |  |  | $ | 3.75 |  |  | $ | 6,700 |  |  |  | 3.64 |
November 18, 2026 |  |  | 1,325 |  |  |  | 0.40 |  |  |  | 422 |  |  |  | 3.64 |
November 18, 2027 |  |  | 460 |  |  |  | 3.30 |  |  |  | 1,055 |  |  |  | 4.64 |
December 8, 2027 |  |  | 12,500 |  |  |  | 0.40 |  |  |  | 2,033 |  |  |  | 4.69 |
December 8, 2027 |  |  | 500 |  |  |  | 0.44 |  |  |  | 149 |  |  |  | 4.69 |
|  |  | 19,210 |  |  | $ | 1.24 |  |  | $ | 10,359 |  |  |  | 4.38 |

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