Share-Based Payments (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Summary of change in outstanding share DSU

The following table summarizes the change in outstanding RSUs:

	Number of RSUs (#)			Weighted Average grant date fair value
Outstanding, December 31, 2021		300,000		$	6.43
Granted		6,445,652			1.50
Awards forfeited		(97,468	)		1.77
Outstanding, June 30, 2022		6,648,184		$	1.72
Vested, June 30, 2022		960,235		$	2.83

Summary of change in share outstanding options

The following table summarizes the change in our outstanding stock options:

	Number of Options (#)			Weighted Average exercise price per stock option		Weighted Average exercise remaining contractual term (years)		Aggregate intrinsic value
Outstanding, December 31, 2021		21,404,641		$	0.36	$	7.34	$	56,924,556
Granted		11,193,297			1.74
Forfeited		(56,201	)		0.27
Exercised		(1,132,277	)		0.27
Outstanding, June 30, 2022		31,409,460		$	0.86	$	9.02	$	14,395,531
X
Exercisable, June 30, 2022		21,820,803		$	0.80	$	8.29	$	11,540,092

Summary of stock options outstanding

Below is a summary of the outstanding options as of June 30, 2022 and December 31, 2021:

		June 30,				December 31,
		2022				2021
Exercise price		Number outstanding #		Number exercisable #		Number outstanding #		Number exercisable #
$	0.12		518,112		518,113		518,112		518,112
	0.15		369,000		369,000		369,000		369,000
	0.27		17,879,051		14,121,894		19,067,529		10,893,918
	1.00		375,000		375,000		375,000		325,000
	1.17		1,730,138		367,843		—		—
	1.21		1,219,120		552,752		—		—
	1.51		741,987		741,987		—		—
	1.58		5,107,941		1,305,103		—		—
	1.97		1,894,111		1,894,111		—		—
	2.00		1,075,000		1,075,000		1,075,000		1,125,000
	3.47		200,000		200,000		—		—
	7.96		300,000		300,000		—		—
			31,409,460		21,820,803		21,404,641		13,231,030

Summary of fair value grant using weighted-average assumptions

The fair value of options granted was estimated at the grant date using the following weighted-average assumptions:

	Six months ended
	June 30, 2022
Grant date fair value	0.92
Weighted average expected volatility	83%
Weighted average risk-free interest rate	2.16%
Weighted average expected life of the options	4.67 years

Restricted Stock Units (RSUs) [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Summary of stock-based compensation expenses

Total stock-based compensation expense related to RSUs included in the condensed consolidated interim statements of operations was as follows:

	Three months ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Cost of sales	$	157,818		-	$	208,471		-
Selling & marketing		114,707		-		130,200		-
General & administrative		396,997		-		517,162		-
Research & development		1,096,021		-		1,193,232		-
	$	1,765,543		-	$	2,049,065		-

Employee Stock Option Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Summary of stock-based compensation expenses

Total stock-based compensation expense related to stock options included in the condensed consolidated interim statements of operations and comprehensive loss was as follows:

	Three months ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Selling & marketing	$	60,622	$	9,690	$	65,015	$	20,959
General & administrative		985,932		104,727		4,269,400		348,617
Research & development		815,669		110,507		1,239,727		282,142
	$	1,862,223	$	224,924	$	5,574,142	$	651,718