XML 72 R50.htm IDEA: XBRL DOCUMENT v3.25.4
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of stock-based compensation expense

Stock-based compensation expense

 

 

For the Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Equity-settled awards

 

 

3,138

 

 

 

2,466

 

 

 

2,331

 

Cash-settled awards

 

 

(101

)

 

 

499

 

 

 

(25

)

 

 

3,037

 

 

 

2,965

 

 

 

2,306

 

Summary of PSUs, DSUs and RSUs granted, exercised, forfeited and expired

The following summarizes RSUs, PRSUs, PSUs (each as defined herein) and DSUs activity during the periods:

 

 

RSU Time-

 

 

RSU Performance-

 

 

 

 

 

 

 

 

 

Based

 

 

Based

 

 

PSU

 

 

DSU

 

 

 

Number of

 

 

Number of

 

 

Number of

 

 

Number of

 

 

 

units

 

 

units

 

 

units

 

 

units

 

Outstanding at December 31, 2023

 

 

3,530,564

 

 

 

64,029

 

 

 

1,845,608

 

 

 

3,086,172

 

Granted

 

 

8,612,553

 

 

 

-

 

 

 

-

 

 

 

1,689,028

 

Vested or settled

 

 

(1,350,754

)

 

 

(12,574

)

 

 

-

 

 

 

(741,306

)

Withheld to settle employee tax obligations

 

 

(351,672

)

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

(179,900

)

 

 

(6,278

)

 

 

-

 

 

 

-

 

Outstanding at December 31, 2024

 

 

10,260,791

 

 

 

45,177

 

 

 

1,845,608

 

 

 

4,033,894

 

Granted

 

 

735,000

 

 

 

-

 

 

 

1,262,000

 

 

 

1,013,209

 

Vested or settled

 

 

(1,883,839

)

 

 

-

 

 

 

-

 

 

 

(1,582,115

)

Withheld to settle employee tax obligations

 

 

(421,185

)

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

(509,182

)

 

 

(45,177

)

 

 

(510,000

)

 

 

-

 

Outstanding at December 31, 2025

 

 

8,181,585

 

 

 

-

 

 

 

2,597,608

 

 

 

3,464,988

 

Summary of options granted, exercised, surrendered, forfeited and expired

The following summarizes options granted, forfeited and expired during the periods:

 

 

 

 

 

Number of

 

 

Weighted average

 

 

 

 

 

options

 

 

exercise price C$

 

Outstanding at December 31, 2023

 

 

 

 

209,409

 

 

 

7.71

 

Forfeited

 

 

 

 

(2,000

)

 

 

7.84

 

Expired

 

 

 

 

(207,409

)

 

 

7.70

 

Outstanding and exercisable at December 31, 2024

 

 

 

 

-

 

 

 

-

 

Outstanding and exercisable at December 31, 2025

 

 

 

 

-

 

 

 

-

 

Summary of options outstanding by range of exercise prices

Range of exercise prices outstanding at December 31, 2023:

 

 

Options outstanding

 

 

Options exercisable

 

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

 

average

 

 

average

 

 

 

 

 

average

 

 

average

 

 

 

Number

 

 

remaining

 

 

exercise

 

 

Number

 

 

remaining

 

 

exercise

 

 Range of exercise prices

 

outstanding

 

 

life

 

 

price C$

 

 

exercisable

 

 

life

 

 

price C$

 

C$6.01 – C$7.00

 

 

16,350

 

 

 

0.71

 

 

$

6.12

 

 

 

16,350

 

 

 

0.71

 

 

$

6.12

 

C$7.01 – C$8.00

 

 

193,059

 

 

 

0.38

 

 

$

7.84

 

 

 

193,059

 

 

 

0.38

 

 

$

7.84

 

Total

 

 

209,409

 

 

 

 

 

 

 

 

 

209,409