STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Stock Options And Restricted Stock Units |
|
| Schedule of stock option |
| Schedule of stock option |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Number of
stock options |
|
|
Weighted
average
exercise price |
|
|
Aggregate
intrinsic value
($USD) |
|
| Balance, December 31, 2024 |
|
|
|
15,365,000 |
|
|
$ |
0.37(CAD$0.51 |
) |
|
$ |
4,527,243 |
|
| Granted |
|
|
|
2,330,000 |
|
|
$ |
0.61(CAD$0.83 |
) |
|
|
- |
|
| Exercised |
|
|
|
(2,764,167 |
) |
|
$ |
0.15(CAD$0.21 |
) |
|
|
703,068 |
|
| Forfeited |
|
|
|
(1,040,833 |
) |
|
$ |
0.43(CAD$0.60 |
) |
|
|
- |
|
| Balance, December 31, 2025 |
|
|
|
13,890,000 |
|
|
$ |
0.45(CAD$0.61 |
) |
|
$ |
1,835,510 |
|
| Granted |
|
|
|
225,000 |
|
|
$ |
0.39(CAD$0.55 |
) |
|
|
- |
|
| Exercised |
|
|
|
(200,000 |
) |
|
$ |
0.11(CAD$0.15 |
) |
|
|
38,740 |
|
| Forfeited |
|
|
|
(250,000 |
) |
|
$ |
0.44(CAD$0.62 |
) |
|
|
- |
|
| Balance, March 31, 2026 |
|
|
|
13,665,000 |
|
|
$ |
0.37(CAD$0.52 |
) |
|
$ |
768,885 |
|
|
| Schedule of outstanding stock options |
| Schedule of outstanding stock options |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expiry Date |
|
Outstanding
(#) |
|
|
Aggregate
intrinsic value
($) |
|
|
Exercisable
(#) |
|
|
Aggregate
intrinsic value
($) |
|
|
Exercise price
($) |
|
|
Remaining
contractual life
(years) |
|
| April 19, 2026 |
|
|
300,000 |
|
|
|
58,110 |
|
|
|
300,000 |
|
|
|
58,110 |
|
|
$ |
0.11(CAD$0.15 |
) |
|
|
0.05 |
|
| January 10, 2027 |
|
|
3,525,000 |
|
|
|
682,796 |
|
|
|
3,525,000 |
|
|
|
682,796 |
|
|
$ |
0.11(CAD$0.15 |
) |
|
|
0.78 |
|
| September 14, 2027 |
|
|
200,000 |
|
|
|
17,218 |
|
|
|
133,333 |
|
|
|
11,479 |
|
|
$ |
0.22(CAD$0.30 |
) |
|
|
1.46 |
|
| November 16, 2027 |
|
|
500,000 |
|
|
|
10,761 |
|
|
|
500,000 |
|
|
|
10,761 |
|
|
$ |
0.28(CAD$0.39 |
) |
|
|
1.63 |
|
| August 31, 2027 |
|
|
4,610,000 |
|
|
|
- |
|
|
|
3,189,988 |
|
|
|
- |
|
|
$ |
0.60(CAD$0.84 |
) |
|
|
1.42 |
|
| December 31, 2028 |
|
|
500,000 |
|
|
|
- |
|
|
|
166,666 |
|
|
|
- |
|
|
$ |
0.67(CAD$0.93 |
) |
|
|
2.76 |
|
| February 3, 2029 |
|
|
2,000,000 |
|
|
|
- |
|
|
|
520,000 |
|
|
|
- |
|
|
$ |
0.62(CAD$0.87 |
) |
|
|
2.85 |
|
| March 18, 2028 |
|
|
30,000 |
|
|
|
- |
|
|
|
15,000 |
|
|
|
- |
|
|
$ |
0.53(CAD$0.74 |
) |
|
|
1.97 |
|
| August 31, 2028 |
|
|
75,000 |
|
|
|
- |
|
|
|
49,999 |
|
|
|
- |
|
|
$ |
0.60(CAD$0.84 |
) |
|
|
2.42 |
|
| September 3, 2029 |
|
|
300,000 |
|
|
|
- |
|
|
|
75,000 |
|
|
|
- |
|
|
$ |
0.44(CAD$0.61 |
) |
|
|
3.43 |
|
| August 31, 2029 |
|
|
1,400,000 |
|
|
|
- |
|
|
|
933,333 |
|
|
|
- |
|
|
$ |
0.60(CAD$0.84 |
) |
|
|
3.42 |
|
| December 31, 2029 |
|
|
225,000 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
$ |
0.39(CAD$0.55 |
) |
|
|
3.76 |
|
| Balance, March 31, 2026 |
|
|
13,665,000 |
|
|
|
768,885 |
|
|
|
9,408,319 |
|
|
|
763,146 |
|
|
$ |
0.37(CAD$0.52 |
) |
|
|
1.79 |
|
|
| Schedule of summarizes the rsu movements |
| Schedule of summarizes the rsu movements |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Number of
RSUs
(#) |
|
|
Weighted average
issue price
($) |
|
|
Aggregate
intrinsic value
($) |
|
| Balance, December 31, 2024 |
|
|
725,700 |
|
|
$ |
0.63(CAD$0.86 |
) |
|
|
469,040 |
|
| Granted to employees |
|
|
1,234,375 |
|
|
$ |
0.66(CAD$0.91 |
) |
|
|
729,045 |
|
| Exercised |
|
|
(463,575 |
) |
|
$ |
0.66(CAD$0.90 |
) |
|
|
257,250 |
|
| Balance, December 31, 2025 |
|
|
1,496,500 |
|
|
$ |
0.65(CAD$0.89 |
) |
|
|
764,300 |
|
| Balance, March 31, 2026 |
|
|
1,496,500 |
|
|
$ |
0.65(CAD$0.89 |
) |
|
|
450,915 |
|
|
| Schedule of outstanding RSU |
| Schedule of outstanding RSU |
|
|
|
|
|
|
|
|
|
|
|
|
| Expiry Date |
|
Exercise price |
|
|
Outstanding at
March 31,
2026 |
|
|
Weighted
average
remaining
contractual life
(years) |
|
| December 31, 2026 |
|
$ |
0.66(CAD$0.91 |
) |
|
|
60,000 |
|
|
|
0.75 |
|
| January 1, 2027 |
|
$ |
0.61(CAD$0.83 |
) |
|
|
1,436,500 |
|
|
|
0.76 |
|
| |
|
$ |
0.65(CAD$0.89 |
) |
|
|
1,496,500 |
|
|
|
0.76 |
|
|