SHARE CAPITAL (Tables)

The following table summarizes changes in the Company’s outstanding stock options for the year ended September 30, 2024:


	NUMBER	WEIGHTED AVERAGE EXERCISE PRICE




Balance - September 30, 2023	2,829,676	$	9.94
Granted	62,000	$	5.60
Exercised	(3,942)	$	1.49
Cancelled / Forfeited	(70,813)	$	10.26
Expired	(125,585)	$	9.02
Balance - September 30, 2024	2,691,336	$	9.89

The following is a summary of the outstanding stock options as at September 30, 2024:


OPTIONS OUTSTANDING			OPTIONS EXERCISABLE
Range of Exercise Prices	Quantity Outstanding	Weighted Average Remaining Contractual Life (years)	Quantity Exercisable
$1.20 - $3.00	71,865	4.0	61,665
$3.01 - $5.00	217,087	7.5	213,687
$5.01 - $10.00	1,539,917	7.4	1,514,150
$10.01 - $20.00	650,642	4.9	650,642
$20.01 - $30.00	96,825	4.1	96,825
$30.01 - $45.08	115,000	4.4	115,000

	2,691,336	7.3	2,651,969

The following inputs were used to fair value the options that were granted during the year ended September 30, 2024 and the thirteen months ended September 30, 2023:


	SEPTEMBER 30, 2024	SEPTEMBER 30, 2023
Risk free interest rate	3.57% - 3.60%	3.03% - 3.47%
Expected life of options	5.0 - 5.7 years	5.0 - 6.0 years
Expected annualized volatility	87.72% - 89.09%	83.68% - 87.51%
Expected dividend yield	—	—
Forfeiture rate	10.4%	11.3% - 11.7%

The following table summarizes the movements in the Company’s outstanding RSUs:


			NUMBER




Balance - September 30, 2023			881,149
Granted			3,440,578
Exercised			(1,193,789)
Cancelled / Forfeited			(154,295)
Balance - September 30, 2024			2,973,643

The following table summarizes the movements in the Company’s outstanding PSUs:


			NUMBER




Balance - September 30, 2023			260,713
Granted			911,213
Exercised			(2,216)
Cancelled / Forfeited			(52,492)
Balance - September 30, 2024			1,117,218