XML 22 R12.htm IDEA: XBRL DOCUMENT v3.23.2
Warrants
6 Months Ended
Jun. 30, 2023
Warrants and Rights Note Disclosure [Abstract]  
Warrants
6.
WARRANTS

Following is a summary of the warrant activity during the three and six months periods ended June 30, 2023 and 2022:

 

 

Number of
Share
Purchase
Warrants

 

 

Weighted
Average
Exercise Price

 

Outstanding, January 1, 2022

 

 

17,631,350

 

 

$

1.05

 

Issued

 

 

4,838,707

 

 

 

1.24

 

Exercised

 

 

(20,700

)

 

 

0.49

 

Expired

 

 

-

 

 

 

-

 

Outstanding, March 31, 2022

 

 

22,449,357

 

 

 

1.09

 

Issued

 

 

-

 

 

 

-

 

Exercised

 

 

(1,078,470

)

 

 

0.48

 

Expired

 

 

(40,261

)

 

 

0.48

 

Outstanding, June 30, 2022

 

 

21,330,626

 

 

 

1.32

 

 

 

 

 

 

 

 

Outstanding, January 1, 2023

 

 

19,633,911

 

 

$

1.18

 

Issued

 

 

-

 

 

 

-

 

Exercised

 

 

(2,499,453

)

 

 

0.43

 

Expired

 

 

-

 

 

 

-

 

Outstanding, March 31, 2023

 

 

17,134,458

 

 

 

1.29

 

Issued

 

 

-

 

 

 

-

 

Exercised

 

 

(227,630

)

 

 

0.97

 

Expired

 

 

(4,530,808

)

 

 

0.99

 

Outstanding, June 30, 2023

 

 

12,376,020

 

 

 

1.40

 

 

As of June 30, 2022, the following common stock share purchase warrants were outstanding and exercisable:

 

Outstanding

 

 

Exercise Price

 

Remaining life
(years)

 

Expiry Date

 

1,685,375

 

 

USD$0.48

 

0.18

 

September 3, 2022

 

203,840

 

 

USD$0.62

 

0.82

 

April 26, 2023

 

4,882,838

 

 

USD$1.00

 

0.82

 

April 26, 2023

 

2,182,553

 

 

USD$0.39

 

0.84

 

May 4, 2023

 

4,838,707

 

 

USD$1.24

 

1.75

 

March 28, 2024

 

7,537,313

 

 

USD$1.50

 

3.83

 

April 29, 2026

 

21,330,626

 

 

 

 

 

 

 

 

As of June 30, 2023, the following common stock share purchase warrants were outstanding and exercisable:

 

Outstanding

 

 

Exercise Price

 

Remaining life
(years)

 

Expiry Date

 

4,838,707

 

 

USD$1.24

 

0.75

 

March 28, 2024

 

7,537,313

 

 

USD$1.50

 

2.83

 

April 29, 2026

 

12,376,020