(Loss) Earnings Per Share

12 Months Ended

Dec. 31, 2024

(Loss) Earnings Per Share

(Loss) Earnings Per Share

Note 20. (Loss) Earnings Per Share

(Loss) earnings per share data for the years ended December 31, 2024, 2023 and 2022 are summarized as follows:


		2024			2023			2022
Basic (loss) earnings attributable to holders of common shares		$	(20,588)		$	1,391		$	(23,398)
Effect of dilutive securities:			—			—			—
Diluted (loss) earnings		$	(20,588)		$	1,391		$	(23,398)


		Number of Shares
		2024			2023			2022
Weighted average number of common shares outstanding-basic			14,822,251			14,822,251			14,811,118
Effect of dilutive securities:
Options			—			10			—
Weighted average number of common shares outstanding-diluted			14,822,251			14,822,261			14,811,118


		2024			2023			2022
Loss (earnings) per share - basic and diluted		$	(1.39)		$	0.09		$	(1.58)

In 2024, 2023 and 2022, the Group’s potential ordinary shares comprised stock options outstanding.

As at December 31, 2024, 2023 and 2022, there were 1,516,120, 1,839,977, and 1,894,127 stock options outstanding, respectively, that could potentially dilute basic earnings per share in the future, but some or all of them were not included in the calculation of diluted earnings per share because they were antidilutive for the years ended December 31, 2024, 2023 and 2022.