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v3.24.3

Share Capital (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 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
|  |  |  | ($)
Outstanding – December 31, 2023 |  | 28,990 |  |  | 165.38
Granted |  | — |  |  | —
Exercised |  | — |  |  | —
Forfeited |  | (13,860 | ) |  | 186.49
Outstanding – September 30, 2024 |  | 15,130 |  |  | 146.03
| A continuity schedule of outstanding stock options is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
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 in Calculating the Fair Value of Stock Options and Warrants | The Company used the following assumptions in calculating the grant date fair value of stock options granted for the nine-month period ended September 30, 2023:
|  | September 30, 2023
Risk-free interest rate |  | 3.93%
Expected life of options |  | 5.0 years
Expected dividend yield |  | Nil
Volatility |  | 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 Incentive Stock Options Outstanding |  | 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, 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 in Calculating the Fair Value of Stock Options and Warrants | The Company used the following assumptions in calculating the fair value of the warrants for the period ended:
|  | December 31, 2023
Risk-free interest rate |  | 4.13% – 4.49%
Expected life of warrants |  | 2.06 – 4.80 years
Expected dividend yield |  | Nil
Volatility |  | 132.78%
Weighted average fair value per warrant |  | $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 Continuity Outstanding Share Purchase Warrants | A continuity schedule of outstanding share purchase warrants is as follows:
|  | Number Outstanding |  | Weighted Average Exercise Price
|  |  |  | ($)
Balance – December 31, 2022 |  | 329,908 |  |  | 91.84
Exercised |  | (283,875 | ) |  | 16.19
Expired |  | — |  |  | —
Issued |  | 850,612 |  |  | 3.83
Balance – December 31, 2023 |  | 896,645 |  |  | 32.36
Exercised |  | — |  |  | —
Expired |  | — |  |  | —
Issued |  | — |  |  | —
Balance – September 30, 2024 |  | 896,645 |  |  | 32.36
Schedule of Share Purchase Warrants Outstanding | At September 30, 2024, the Company had share purchase warrants outstanding as follows:
Expiration Date |  | Warrants Outstanding |  | Exercise Price |  | Weighted Average Remaining Life
|  |  |  | ($) |  | (years)
January 20, 2026 |  | 7,030 |  | 1,800.00 |  | 1.31
February 28, 2027 |  | 20,689 |  | 460.80 |  | 2.42
December 6, 2027 |  | 13,781 |  | 20.00 |  | 3.18
December 9, 2027 |  | 9,876 |  | 17.60 |  | 3.19
January 18, 2028 |  | 25,906 |  | 124.80 |  | 3.30
February 2, 2028 |  | 10,938 |  | 14.40 |  | 3.35
October 17, 2028 |  | 783,968 |  | 3.68 |  | 4.05
October 17, 2028 |  | 24,457 |  | 4.05 |  | 4.05
|  | 896,645 |  | 32.36 |  | 3.94
| 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.

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- 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
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- 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
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- 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
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-1 + Details
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- Definition Line items represent financial concepts included in a table. 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