Share Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Fair Value of Options Granted with Assumptions

In determining the amount of share-based compensation related to options issued during the periods ending June 30, 2022 and 2021, the Company used the Black-Scholes pricing model to establish the fair value of the options granted with the following assumptions:

	For the Six Months Ended June 30, 2022	For the Six Months Ended June 30, 2021
Fair value at grant date	$8.39-$11.01	$11.20
Stock price at grant date	$21.48-$25.41	$33.42
Exercise price at grant date	$21.48-$25.41	$33.42
Expected life in years	3.50 - 4.46	3.00
Expected volatility	51.81% - 52.87%	49.88%
Expected annual rate of dividends	0%	0%
Risk free annual interest rate	1.20% - 1.79%	0.16%

Schedule of Stock Option Activity

The following is a summary of stock option activity:

	Number of options			Weighted average exercise price		Weighted average remaining contractual life (Years)		Aggregate intrinsic value
Outstanding, January 1, 2022		2,973,895		$	27.61		6.26	$	—
Granted		864,051			21.56
Exercised		(92,811	)		11.25
Forfeited		(279,496	)		35.12
Outstanding, June 30, 2022		3,465,639		$	25.93		6.04	$	—
Exercisable, June 30, 2022		1,769,965		$	25.39		4.59	$	—

	Number of options		Weighted average exercise price		Weighted average remaining contractual life (yrs)		Aggregate intrinsic value
Outstanding, January 1, 2021		1,129,779	$	11.72		4.01	$	19.90
Granted		326,867		33.42
Exercised		—		—
Forfeited		—		—
Outstanding, June 30, 2021		1,456,646	$	16.59		3.80	$	20.91
Exercisable, June 30, 2021		554,459	$	11.70		3.59	$	25.80

Schedule of Restricted Stock Units Activity

The following is a summary of RSU activity:

	Number of restricted stock units			Weighted average grant price
Unvested balance as of January 1, 2022		332,428		$	26.86
Granted		821,800			21.51
Vested		(30,549	)		27.92
Forfeited		(87,917	)		24.54
Unvested balance as of June 30, 2022		1,035,762		$	22.94

Summary of Warrants Issued and Outstanding To Certain Employees and Director

The following table summarizes the activity related to warrants issued and outstanding to certain employees and directors of the Company for the six-month period ending June 30, 2021. There were no outstanding warrants as of June 30, 2022 and December 31, 2021.

	Number of warrants			Weighted average exercise price ($CAD)		Weighted average remaining contractual life (Years)
Outstanding, December 31, 2020		6,061,561			6.00		0.72
Granted		—			—		—
Exercised		(795,022	)		6.00		—
Forfeited		(116,333	)		—		—
Outstanding, June 30, 2021		5,150,206			6.00		0.24