Annual report [Section 13 and 15(d), not S-K Item 405]

EQUITY (Tables)

v3.25.1
EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of common shares reserved for future issuance

​

​

​

​

​

​

​

​

December 31, 

​

​

2024

    

2023

Warrants

​

57,141,386

 

13,595,987

Series 2 Convertible Preferred Shares

​

—

 

1,166,667

Options issued and outstanding under stock option plan

​

3,574,453

 

898,262

Deferred Share Units granted

​

1,061

 

1,061

Common Shares available for grant under stock option plan

​

2,963,385

 

471,843

Total Common Shares reserved for future issuance

​

63,680,285

 

16,133,820

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

​

​

​

​

​

​

    

December 31, 

​

​

2024

Fair value at December 31, 2023

​

$

94,185

July 2024 PIPE AB Warrant Liability at issuance

​

 

31,182,033

Change in fair value of 2024 PIPE AB Warrant Liability

​

​

(22,492,884)

Reclassification of 2024 PIPE AB Warrant Liability to equity

​

​

(8,689,149)

Change in fair value of C$ warrant liability

​

​

(88,593)

Fair value at December 31, 2024

​

$

5,592

​

​

​

​

​

​

​

December 31, 

​

​

2023

Fair value at December 31, 2022

​

$

1,859,374

Change in fair value of the 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)

Fair value at December 31, 2023

​

$

94,185