Years ended December 31, | ||||||||||||||||||
2017 | 2016 | 2015 | ||||||||||||||||
US dollar-denominated options | Number | Weighted average exercise price (US$) | Number | Weighted average exercise price (US$) | Number | Weighted average exercise price (US$) | ||||||||||||
Balance – Beginning of the year | 966,539 | 7.23 | 272,874 | 25.88 | 33,956 | 187.36 | ||||||||||||
Granted | 390,000 | 2.05 | 713,573 | 3.47 | 243,000 | 5.17 | ||||||||||||
Forfeited | (643,271 | ) | 6.02 | (10,034 | ) | 99.22 | (4,082 | ) | 136.17 | |||||||||
Cancelled | — | — | (9,874 | ) | 157.00 | — | — | |||||||||||
Expired | (853 | ) | 704.88 | — | — | — | — | |||||||||||
Balance – End of period | 712,415 | 4.66 | 966,539 | 7.23 | 272,874 | 25.88 |
Years ended December 31, | ||||||||||||||||||
2017 | 2016 | 2015 | ||||||||||||||||
Canadian dollar-denominated options | Number | Weighted average exercise price (CAN$) | Number | Weighted average exercise price (CAN$) | Number | Weighted average exercise price (CAN$) | ||||||||||||
Balance – Beginning of the year | 1,858 | 820.27 | 3,787 | 845.46 | 4,909 | 1,010.40 | ||||||||||||
Forfeited | — | — | (1,028 | ) | 967.63 | (271 | ) | 923.20 | ||||||||||
Cancelled | — | — | (901 | ) | 758.00 | — | — | |||||||||||
Expired | (355 | ) | 1,728.15 | — | — | (851 | ) | 1,772.17 | ||||||||||
Balance – End of the year | 1,503 | 605.84 | 1,858 | 820.27 | 3,787 | 845.46 |