v3.22.1
Shareholders' Equity
3 Months Ended
Mar. 31, 2022
Shareholders' Equity  
Shareholders' Equity

5      Shareholders’ equity

Authorized share capital

The Company has authorized and issued common shares, voting and participating, without par value, of which unlimited shares were authorized and 29,917,326 shares were issued and outstanding as of March 31, 2022.

As of March 31, 2022, there were 1,121,076 common shares available for issuance under the Employee Stock Purchase Plans and no common shares have been issued under such plan.

Additional paid-in capital

The additional paid-in capital balance as of March 31 were as follows:

2022

    

2021

Opening balance

$

15,711

 

$

8,530

Share-based compensation expense

2,114

 

1,368

Exercise of stock options

(40)

 

(15)

Closing balance

$

17,785

 

$

9,883