XML 51 R34.htm IDEA: XBRL DOCUMENT v3.26.1
Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Share Based Payment Arrangement Option Exercise Price Range

A summary of stock option activity for the stock option plans for the years ended December 31, 2025 and 2024 are as follows:

  

  

Number of

options

  

Weighted average

exercise price

 
Outstanding December 31, 2022   8,629,000   $0.43 
           
Granted   1,885,000    0.22 
Expired   (1,988,000)   (0.46)
Cancelled   (460,000)   (0.44)
Outstanding December 31, 2023   8,066,000   $0.39 
           
Granted   2,318,750    0.14 
Cancelled   (25,000)   (0.14)
Outstanding December 31, 2024   10,359,750   $0.31 
           
Granted   2,158,333    0.18 
Expired   (1,930,400)   (0.33)
Cancelled   (110,000)   (0.19)
Outstanding December 31, 2025   10,477,683   $0.29 

 

The aggregate intrinsic value for options as of December 31, 2025 was $784,196 (2024 - $nil).

The following table summarizes information concerning outstanding and exercisable stock options at December 31, 2025:

 

Exercise prices per share 

Number outstanding

  

Number exercisable

   Expiry date
CAD$0.20   2,268,750    952,875   March 25, 2029
CAD$0.25   2,113,333    169,467   August 21, 2030
CAD$0.30   1,805,000    1,227,400   February 21, 2028
CAD$0.50   789,600    789,600   February 1, 2026
CAD$0.50   2,295,000    2,111,400   February 1, 2027
CAD$0.66   200,000    200,000   July 12, 2026
CAD$1.02   1,006,000    1,006,000   April 6, 2026
    10,477,683    6,456,742    
Schedule of Share Based Payment Arrangement Option Exercise Price Range

The following table summarizes information concerning outstanding and exercisable stock options at December 31, 2025:

 

Exercise prices per share 

Number outstanding

  

Number exercisable

   Expiry date
CAD$0.20   2,268,750    952,875   March 25, 2029
CAD$0.25   2,113,333    169,467   August 21, 2030
CAD$0.30   1,805,000    1,227,400   February 21, 2028
CAD$0.50   789,600    789,600   February 1, 2026
CAD$0.50   2,295,000    2,111,400   February 1, 2027
CAD$0.66   200,000    200,000   July 12, 2026
CAD$1.02   1,006,000    1,006,000   April 6, 2026
    10,477,683    6,456,742