Shareholders Equity and Capital Stock (Details 2) - $ / shares |
12 Months Ended | ||
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Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Expected forfeiture rate | 5.60% | 6.10% | |
Expected life (years) | 4 years | 3 years 10 months 24 days | 3 years 10 months 24 days |
Expected volatility | 72.70% | 69.50% | |
Risk free rate | 1.90% | 0.70% | |
Expected dividend rate | 0.00% | 0.00% | 0.00% |
Weighted average exercise price (CAD$) | $ 2.23 | $ 1.44 | |
Black-Scholes value (CAD$) | $ 1.22 | $ 0.74 | |
Minimum [Member] | |||
Expected forfeiture rate | 5.10% | ||
Expected volatility | 71.70% | ||
Risk free rate | 3.50% | ||
Weighted average exercise price (CAD$) | $ 1.55 | ||
Black-Scholes value (CAD$) | $ 0.89 | ||
Maximum [Member] | |||
Expected forfeiture rate | 5.30% | ||
Expected volatility | 74.70% | ||
Risk free rate | 3.60% | ||
Weighted average exercise price (CAD$) | $ 2.06 | ||
Black-Scholes value (CAD$) | $ 1.16 |
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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