Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Consolidated Statements of Changes in Shareholders' Equity

v3.25.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Number of common shares
Share capital
Reserves
Obligation to issue shares
Accumulated Deficit
Accumulated other comprehensive (loss) income
Total
Beginning balance, value at Dec. 31, 2021   $ 16,088,677 $ 4,991,594 $ 24,746 $ (7,977,960) $ 75,540 $ 13,202,597
Beginning balance, Share at Dec. 31, 2021 1,443,293            
Statement              
Shares issued pursuant to public offering   359,868         359,868
Shares issued pursuant to public offering (shares) 155,555            
Share issuance costs   (88,959) (42,687)       (131,646)
Pre-funded warrants exercised   164,768 (164,704)       64
Pre-funded warrants exercised (in shares) 71,223            
Share-based payments     487,940       487,940
Pre-funded warrants issued     925,015       925,015
Comprehensive loss for the year         (7,718,882) (128,145) (7,847,027)
Ending balance, Value at Dec. 31, 2022   16,524,354 6,197,158 24,746 (15,696,842) (52,605) 6,996,811
Ending balance, Share at Dec. 31, 2022 1,670,071            
Statement              
Reclassification of derivative warrant liability     (318,000)       (318,000)
Pre-funded warrants exercised   532,181 (531,885)       296
Pre-funded warrants exercised (in shares) 328,777            
Share-based payments     120,984       120,984
Comprehensive loss for the year         (2,158,065)   (2,158,065)
Ending balance, Value at Dec. 31, 2023   17,056,535 5,468,257 24,746 (17,854,907) (52,605) 4,642,026
Ending balance, Share at Dec. 31, 2023 1,998,848            
Statement              
Reclassification of derivative warrant liability     123,651       123,651
Shares issued pursuant to private placement   1,387,549         1,387,549
Shares issued pursuant to private placement (shares) 1,219,717            
Share issuance costs   (331,541) (224,140)       (555,681)
Pre-funded warrants exercised   359,214 (359,211)       3
Warrants exercised   21,814         21,814
Warrants exercised (in shares) 5,000            
Pre-funded warrants exercised (in shares) 257,810            
Share-based payments     122,527       122,527
Pre-funded warrants issued     907,994       907,994
Comprehensive loss for the year         (3,313,346)   (3,313,346)
Ending balance, Value at Dec. 31, 2024   $ 18,493,571 $ 6,039,078 $ 24,746 $ (21,168,253) $ (52,605) $ 3,336,537
Ending balance, Share at Dec. 31, 2024 3,481,375           109,807