Annual report pursuant to Section 13 and 15(d)

Note 15 - Stock-based Compensation (Tables)

v3.20.2
Note 15 - Stock-based Compensation (Tables)
12 Months Ended
Mar. 31, 2020
Notes Tables  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
    Number of
options
    Weighted average
exercise price
    Weighted average
grant date fair value
 
          CAD $     CAD $  
Outstanding, March 31, 2018    
2,284,388
     
1.81
     
1.16
 
Granted    
2,173,523
     
0.77
     
0.51
 
Exercised    
(4,167
)    
0.77
     
0.55
 
Forfeited    
(407,067
)    
1.84
     
1.21
 
Outstanding, March 31, 2019    
4,046,677
     
1.25
     
0.81
 
Granted    
6,140,517
     
0.85
     
0.85
 
Exercised    
(54,625
)    
1.11
     
0.79
 
Forfeited    
(188,583
)    
1.64
     
1.16
 
Expired    
(7,500
)    
6.50
     
3.02
 
Outstanding, March 31, 2020    
9,936,486
     
1.00
     
0.83
 
Exercisable at end of year    
3,172,234
     
1.34
     
0.98
 
    March 31,
2020
    March 31,
2019
 
Weighted average fair value of the options granted to employees and directors of the Corporation    
CAD$0.85
     
CAD$0.51
 
Schedule of Nonvested Option Activity [Table Text Block]
    Number of
options
    Weighted average
grant date fair value
 
          CAD ($)  
Non- vested, March 31, 2019    
2,433,477
     
1.05
 
Options granted    
6,140,517
     
0.85
 
Options vested    
(1,798,075
)    
1.19
 
Options forfeited and cancelled    
(11,667
)    
1.04
 
                 
Non- vested, March 31, 2020    
6,764,252
     
0.83
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
             
    March 31, 2020
CAD
Weighted average
    March 31, 2019
CAD
Weighted average
 
             
Exercise price   $
0.85
    $
0.77
 
Share price   $
1.09
    $
0.73
 
Dividend    
     
 
Risk-free interest    
0.88
%    
2.21
%
Estimated life (years)    
5.71
     
5.68
 
Expected volatility    
99.11
     
86.10
 
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
March 31, 2020
Exercise price CAD      
Weighted average
remaining
contractual life
     
Number of
options
outstanding
     
Number of
options
exercisable
 
$
0.53
     
10.00
     
3,836,000
     
-
 
$
0.77
     
8.25
     
1,862,106
     
1,012,674
 
$
0.78
     
8.48
     
200,000
     
100,000
 
$
0.91
     
8.66
     
50,000
     
20,833
 
$
1.28
     
9.04
     
1,991,059
     
540,573
 
$
1.46
     
9.24
     
150,000
     
37,500
 
$
1.56
     
3.11
     
525,000
     
525,000
 
$
1.65
     
6.90
     
123,333
     
123,333
 
$
1.77
     
7.20
     
747,500
     
498,333
 
$
1.99
     
3.15
     
265,700
     
265,700
 
$
2.82
     
9.63
     
150,000
     
12,500
 
$
4.50
     
2.16
     
22,500
     
22,500
 
$
4.80
     
2.38
     
13,288
     
13,288
 
 
 
     
 
     
9,936,486
     
3,172,234