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

DERIVATIVE WARRANTS LIABILITIES AND PREFUNDED WARRANTS (Tables)

v3.26.1
DERIVATIVE WARRANTS LIABILITIES AND PREFUNDED WARRANTS (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Warrants Liabilities And Prefunded Warrants [Abstract]  
Disclosure of detailed information about observable inputs used in valuation of derivative warrant liabilities [Table Text Block]
   
December 31, 2025
   
December 31, 2024
 
   
Series 2024 (*)
   
Series 2023
   
Series 2021
   
Series 2024
   
Series 2023
   
Series 2021
 
                                     
   Share price (in CAD)
   
1.91
     
1.91
     
1.91
     
3.25
     
3.25
     
3.25
 
   Exercise price (in CAD)
   
3.43
     
12.34
     
59.21
     
4.32
     
12.95
     
62.14
 
   Expected volatility (%)
   
67.72
%
   
67.28
%
   
67.3
%
   
72.2
%
   
75.7
%
   
75.7
%
   Risk-free interest rate (%)
   
2.90
%
   
3.63
%
   
3.63
%
   
2.93
%
   
4.21
%
   
4.21
%
   Dividend yield (%)
   
-
     
-
     
-
     
-
     
-
     
-
 
   Expected term (years)
   
4.59
     
0.37
     
0.37
     
1.88
     
1.35
     
1.35
 
                                                 
   Number of warrants
   
742,517
     
818,818
     
49,058
     
742,517
     
818,818
     
49,058
 
   Fair value per warrant (in CAD)
   
0.81
     
0.00
     
0.00
     
1.06
     
0.14
     
0.00
 
Disclosure of detailed information about reconciliation of fair value of derivative warrant liabilities [Table Text Block]
   
Series 2024
   
Series 2023
   
Series 2021
   
Total
 
                         
   Balances at January 1, 2023
 
$
-
   
$
-
   
$
8
   
$
8
 
   Issued (see Notes 18B1-18B2 below)
   
-
     
7,253
     
-
     
7,253
 
   Changes in fair value (**)
   
-
     
(7,215
)
   
(8
)
   
(7,223
)
   Balances at December 31, 2023
   
-
     
38
     
-
     
38
 
   Issued (see Note 18B3 below)
   
1,154
     
-
     
-
     
1,154
 
   Changes in fair value (**)
   
(367
)
   
62
     
-
     
(305
)
   Balances at December 31, 2024
   
787
     
100
     
-
     
887
 
   Changes in fair value (**)
   
(*) (186
)
   
(100
)
   
-
     
(286
)
   Balances at December 31, 2025
 
$
601
   
$
-
   
$
-
   
$
601
 
 
  (*)
Including, inter alia, the implication of execution of agreements dated August 13, 2025, with the holders of certain common share purchase warrants (the “Warrants”) originally issued as part of its private placement offering that closed on November 12, 2024 (the “2024 Private Placement”), pursuant to which the Company reduced the exercise price of each Warrant from $4.32 per common share to $3.43 per common share and extended the expiration date of each Warrant from November 12, 2026 to July 31, 2030.
 
  (**)
See Note 19F below.