Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

LOSS PER SHARE

v3.22.1
LOSS PER SHARE
 12 Months Ended
Dec. 31, 2021
Disclosure of Loss per share [Abstract]  
LOSS PER SHARE

14. LOSS PER SHARE

Basic income per share is calculated by dividing net income by the weighted average number of common shares outstanding during the year.

Diluted income per share is calculated by adjusting the weighted average number of common shares outstanding to assume conversion of all potential dilutive stock options to common shares.

Year ended December 31,

2021

2020

2019

Numerator:

Net income

($14,858

)

($24,184

)

($41,907

)

Denominator:

Weighted average number of common shares outstanding for basic EPS

108,444,405

67,008,897

30,689,545

Adjustment for stock options

-

-

-

Weighted average number of common shares outstanding for diluted EPS

108,444,405

67,008,897

30,689,545

Basic and diluted loss per share

($0.14

)

($0.36

)

($1.37

)