Quarterly report [Sections 13 or 15(d)]

EQUITY (Tables)

v3.25.3
EQUITY (Tables)
9 Months Ended
Sep. 30, 2025
EQUITY  
Summary of common shares reserved for future issuance

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September 30, 

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December 31, 

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2025

    

2024

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Warrants

 

66,257,259

 

57,141,386

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Options issued and outstanding under stock option plan

 

4,532,860

 

3,574,453

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Deferred Share Units granted

 

1,061

 

1,061

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Common Shares available for grant under stock option plan

 

2,004,978

 

2,963,385

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Total Common Shares reserved for future issuance

 

72,796,158

 

63,680,285

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Summary of fair value of the warrant liability

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December 31, 

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2024

Fair value at December 31, 2023

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$

94,185

July 2024 PIPE AB Warrant Liability at issuance

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31,182,033

Change in fair value of 2024 PIPE AB Warrant Liability

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(22,492,884)

Reclassification of 2024 PIPE AB Warrant Liability to equity

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(8,689,149)

Change in fair value of C$ warrant liability

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(88,593)

Fair value at December 31, 2024

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$

5,592