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