XML 156 R36.htm IDEA: XBRL DOCUMENT
v3.24.3

Share Capital (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Share Capital [Line Items] |  |
Schedule of Outstanding Stock Options | A continuity schedule of outstanding stock options is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
Balance – December 31, 2022 |  | 14,238 |  |  | 594.08
Granted |  | 25,000 |  |  | 14.40
Exercised |  | — |  |  | —
Forfeited |  | (10,247 | ) |  | 392.60
Balance – December 31, 2023 |  | 28,990 |  |  | 165.38
Granted |  | — |  |  | —
Exercised |  | — |  |  | —
Forfeited |  | (13,860 | ) |  | 186.49
Balance – June 30, 2024 |  | 15,130 |  |  | 146.03
| A continuity schedule of outstanding stock options is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
Balance – December 31, 2021 |  | 8,091 |  |  | 1,017.60
Granted |  | 6,533 |  |  | 99.04
Exercised |  | — |  |  | —
Forfeited |  | (386 | ) |  | 1,484.96
Balance – December 31, 2022 |  | 14,238 |  |  | 594.08
Granted |  | 25,000 |  |  | 14.40
Exercised |  | — |  |  | —
Forfeited |  | (10,247 | ) |  | 392.60
Balance – December 31, 2023 |  | 28,990 |  |  | 165.38
Schedule of Assumptions For Fair Value of Stock Options | The Company used the following assumptions in calculating the fair value of stock options for the period ended:
|  | June 30, 2024 |  | June 30, 2023
Risk-free interest rate |  | 3.93% |  | 3.93%
Expected life of options |  | 3.38 years |  | 5.0 years
Expected dividend yield |  | Nil |  | Nil
Volatility |  | 132.65% |  | 132.65%
| The Company used the following assumptions in calculating the fair value of stock options for the period ended:
|  | December 31, 2023 |  | December 31, 2022
Risk-free interest rate |  | 3.93% |  | 2.14% – 4.03%
Expected life of options |  | 3.69 years |  | 5.0 years
Expected dividend yield |  | Nil |  | Nil
Volatility |  | 132.65% |  | 96.90% – 112.40%
Schedule of Share Purchase Warrants Outstanding | At June 30, 2024, the Company had incentive stock options outstanding as follows:
Expiry Date |  | Options Outstanding |  | Exercise Price |  | Weighted Average Remaining Life
|  |  |  | ($) |  | (years)
September 27, 2024 |  | 572 |  | 1,087.20 |  | 0.24
July 24, 2025 |  | 287 |  | 715.20 |  | 1.07
July 31, 2025 |  | 276 |  | 715.20 |  | 1.08
June 1, 2026 |  | 59 |  | 1,689.60 |  | 1.92
August 19, 2026 |  | 761 |  | 1,008.00 |  | 2.14
August 17, 2027 |  | 1,504 |  | 96.00 |  | 3.13
September 20, 2027 |  | 140 |  | 55.20 |  | 3.22
February 13, 2028 |  | 11,531 |  | 14.40 |  | 3.62
|  | 15,130 |  | 146.03 |  | 3.27
| At December 31, 2023, the Company had incentive stock options outstanding as follows:
Expiry Date |  | Options Outstanding |  | Exercise Price |  | Weighted Average Remaining Life
|  |  |  | ($) |  | (years)
April 2, 2024 |  | 432 |  | 604.80 |  | 0.25
June 27, 2024 |  | 26 |  | 614.40 |  | 0.49
September 27, 2024 |  | 962 |  | 1,087.20 |  | 0.74
October 22, 2024 |  | 52 |  | 967.20 |  | 0.81
July 24, 2025 |  | 556 |  | 715.20 |  | 1.56
July 31, 2025 |  | 546 |  | 715.20 |  | 1.58
August 10, 2025 |  | 52 |  | 715.20 |  | 1.61
June 1, 2026 |  | 236 |  | 1,689.60 |  | 2.42
June 29, 2026 |  | 44 |  | 1,356.00 |  | 2.50
August 19, 2026 |  | 1,501 |  | 1,008.00 |  | 2.64
May 10, 2027 |  | 13 |  | 189.60 |  | 3.36
August 17, 2027 |  | 3,212 |  | 96.00 |  | 3.63
September 20, 2027 |  | 140 |  | 55.20 |  | 3.72
February 13, 2028 |  | 21,218 |  | 14.40 |  | 4.12
|  | 28,990 |  | 165.38 |  | 3.69
Warrant [Member] |  |
Share Capital [Line Items] |  |
Schedule of Outstanding Stock Options | A continuity schedule of outstanding share purchase warrants is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
Balance – December 31, 2022 |  | 329,908 |  |  | 91.84
Exercised |  | (283,875 | ) |  | 16.19
Expired |  | — |  |  | —
Issued |  | 850,612 |  |  | 3.83
Balance – December 31, 2023 |  | 896,645 |  |  | 32.36
Exercised |  | — |  |  | —
Expired |  | — |  |  | —
Issued |  | — |  |  | —
Balance – June 30, 2024 |  | 896,645 |  |  | 32.36
| A continuity schedule of outstanding share purchase warrants is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
Balance – December 31, 2021 |  | 18,692 |  |  | 1,639.20
Exercised |  | — |  |  | —
Expired |  | (11,662 | ) |  | 1,540.80
Issued |  | 322,878 |  |  | 54.72
Balance – December 31, 2022 |  | 329,908 |  |  | 91.84
Exercised |  | (283,875 | ) |  | 16.19
Expired |  | — |  |  | —
Issued |  | 850,612 |  |  | 3.83
Balance – December 31, 2023(1) |  | 896,645 |  |  | 32.36
(1) Unit A warrant balance is 7,030 as of December 31, 2023 and 2022.
Schedule of Assumptions For Fair Value of Stock Options | The Company used the following assumptions in calculating the fair value of the warrants for the period ended:
|  | June 30, 2024 |  | December 31, 2023
Risk-free interest rate |  | 4.13% – 4.49% |  | 4.13% – 4.49%
Expected life of warrants |  | 1.81 – 4.55 years |  | 2.06 – 4.80 years
Expected dividend yield |  | Nil |  | Nil
Volatility |  | 132.78% |  | 132.78%
Weighted average fair value per warrant |  | $4.44 |  | $4.69
| The Company used the following assumptions in calculating the fair value of the warrants for the period ended:
|  | December 31, 2023 |  | December 31, 2022
Risk-free interest rate |  |  | 4.13% – 4.49% |  |  | 3.99% – 4.22%
Expected life of warrants |  |  | 2.06 – 4.80 years |  |  | 3.06 – 5.05 years
Expected dividend yield |  |  | Nil |  |  | Nil
Volatility |  |  | 132.78% |  |  | 119% – 124.9%
Weighted average fair value per warrant |  | $ | 4.69 |  | $ | 4.16
Schedule of Share Purchase Warrants Outstanding | At June 30, 2024, the Company had share purchase warrants outstanding as follows:
Expiration Date |  | Warrants Outstanding |  | Exercise Price |  | Weighted Average Remaining Life
|  |  |  | ($) |  | (years)
January 20, 2026 |  | 7,030 |  | 1,800.00 |  | 1.56
February 28, 2027 |  | 20,689 |  | 460.80 |  | 2.67
December 6, 2027 |  | 13,781 |  | 20.00 |  | 3.43
December 9, 2027 |  | 9,876 |  | 17.60 |  | 3.44
January 18, 2028 |  | 25,906 |  | 124.80 |  | 3.55
February 2, 2028 |  | 10,938 |  | 14.40 |  | 3.60
October 17, 2028 |  | 783,968 |  | 3.68 |  | 4.30
October 17, 2028 |  | 24,457 |  | 4.05 |  | 4.30
|  | 896,645 |  | 32.36 |  | 4.19
| At December 31, 2023, the Company had share purchase warrants outstanding as follows:
Expiration Date |  | Warrants Outstanding |  | Exercise Price |  | Weighted Average Remaining Life
|  |  |  | ($) |  | (years)
January 20, 2026(1) |  | 7,030 |  | 1,800.00 |  | 2.06
February 28, 2027 |  | 20,689 |  | 460.80 |  | 3.16
December 6, 2027 |  | 13,781 |  | 20.00 |  | 3.93
December 9, 2027 |  | 9,876 |  | 17.60 |  | 3.94
January 18, 2028 |  | 25,906 |  | 124.80 |  | 4.05
February 2, 2028 |  | 10,938 |  | 14.40 |  | 4.10
October 17, 2028 |  | 783,968 |  | 3.68 |  | 4.80
October 17, 2028 |  | 24,457 |  | 4.05 |  | 4.80
|  | 896,645 |  | 32.36 |  | 4.69
(1) Unit A warrant balance is 7,030 as of December 31, 2023 and 2022.

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 35 -Paragraph 1D -Publisher FASB -URI https://asc.fasb.org/1943274/2147480483/718-10-35-1D Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 35 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480483/718-10-35-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(02) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(03) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(02) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(03) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(v) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |