var resizeImage = function (settings) {
    var file = settings.file;
    var maxSize = settings.maxSize;
    var reader = new FileReader();
    var image = new Image();
    var canvas = document.createElement('canvas');
    var dataURItoBlob = function (dataURI) {
        var bytes = dataURI.split(',')[0].indexOf('base64') >= 0 ?
            atob(dataURI.split(',')[1]) :
            unescape(dataURI.split(',')[1]);
        var mime = dataURI.split(',')[0].split(':')[1].split(';')[0];
        var max = bytes.length;
        var ia = new Uint8Array(max);
        for (var i = 0; i < max; i++)
            ia[i] = bytes.charCodeAt(i);
        return new Blob([ia], { type: mime });
    };
    var resize = function () {
        var width = image.width;
        var height = image.height;
        if (width > height) {
            if (width > maxSize) {
                height *= maxSize / width;
                width = maxSize;
            }
        } else {
            if (height > maxSize) {
                width *= maxSize / height;
                height = maxSize;
            }
        }
        canvas.width = width;
        canvas.height = height;
        canvas.getContext('2d').drawImage(image, 0, 0, width, height);
        var dataUrl = canvas.toDataURL('image/jpeg');
        return dataURItoBlob(dataUrl);
    };
    return new Promise(function (ok, no) {
        if (!file.type.match(/image.*/)) {
            no(new Error("Not an image"));
            return;
        }
        reader.onload = function (readerEvent) {
            image.onload = function () { return ok(resize()); };
            image.src = readerEvent.target.result;
        };
        reader.readAsDataURL(file);
    });
};

resizeImage({
    file: $image.files[0],
    maxSize: 500
}).then(function (resizedImage) {
    console.log("upload resized image")
}).catch(function (err) {
    console.error(err);
});

or (async/await):

const config = {
    file: $image.files[0],
    maxSize: 500
};
const resizedImage = await resizeImage(config)
console.log("upload resized image")