Annual report pursuant to Section 13 and 15(d)

EQUITY (Tables)

v3.24.1
EQUITY (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of common shares reserved for future issuance

​

​

​

​

​

​

​

​

December 31, 

​

​

2023

    

2022

Warrants

​

13,595,987

 

1,873,622

Series 1 Convertible Preferred Shares

​

—

​

1,166,667

Series 2 Convertible Preferred Shares

​

1,166,667

 

—

Options issued and outstanding under stock option plan

​

898,262

 

1,043,025

Deferred Share Units

​

1,061

 

1,061

Common Shares available for grant under stock option plan

​

471,843

 

396,080

Total Common Shares reserved for future issuance

​

16,133,820

 

4,480,455

Warrants.  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of fair value of the liability

​

​

​

​

​

​

    

December 31, 

​

​

2023

Balance at December 31, 2022

​

$

1,859,374

Change in fair value of US$ warrant liability

​

 

(564,548)

Foreign exchange loss

​

 

(7,426)

Fair value of US$ warrant liability as of June 30, 2023

​

​

1,287,400

Fair value of previously liability-classified US$ warrants reclassified to additional paid-in-capital as of July 1, 2023

​

​

(1,287,400)

Fair value of previously equity-classified C$ warrants reclassified to warrant liability as of July 1, 2023

​

​

396,375

Change in fair value of C$ warrant liability

​

​

(302,190)

Balance at December 31, 2023

​

$

94,185

​

​

​

​

​

​

​

December 31, 

​

​

2022

Balance at December 31, 2021

​

$

1,871,687

October 2022 PIPE warrant liability at issuance

​

 

1,520,401

Change in fair value of the warrant liability

​

 

(1,533,644)

Foreign exchange loss

​

 

930

Balance at December 31, 2022

​

$

1,859,374