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Share capital (Tables)
6 Months Ended
Jun. 30, 2022
Summary of Stock option award

 

 

 

 

 

Outstanding

 

 

Weighted

 

 

 

 

 

Weighted

 

 

average

 

 

 

 

 

average

 

 

remaining

 

 

 

 

 

exercise

 

 

contractual

 

 

 

Number

 

 

Price

 

 

life (in years)

 

Outstanding, December 31, 2021

 

 

6,428,000

 

 

$1.81

 

 

 

3.86

 

Expired / Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, June 30, 2022

 

 

6,428,000

 

 

$1.81

 

 

 

3.36

 

Options exercisable

 

 

6,373,833

 

 

$1.80

 

 

 

3.32

 

Summary of stock option-based compensation

 

 

Three months

 

 

Six months

 

 

 

ended June 30,

 

 

ended June 30,

 

Employee expenses

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock options and compensation granted in:

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

24,482

 

 

 

184,827

 

 

 

86,749

 

 

 

414,015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

32,369

 

 

 

52,858

 

 

 

64,738

 

 

 

105,716

 

2021

 

 

-

 

 

 

1,187,959

 

 

 

-

 

 

 

1,187,959

 

2022

 

 

324,777

 

 

 

-

 

 

 

324,777

 

 

 

-

 

Total stock-based compensation expense recognized

 

$381,628

 

 

$1,425,644

 

 

$476,264

 

 

$1,707,690

 

Summary of stock option-based compensation expense

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based compensation pertaining to general and administrative

 

$337,018

 

 

$1,280,372

 

 

$368,151

 

 

$1,394,966

 

Stock-based compensation pertaining to research and development

 

 

44,610

 

 

 

145,272

 

 

 

108,113

 

 

 

312,724

 

Total

 

$381,628

 

 

$1,425,644

 

 

$476,264

 

 

$1,707,690