v3.25.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2025
Net Loss Per Share  
Net Loss Per Share

9     Net Loss Per Share

Basic and diluted net loss per common share is determined by dividing net loss applicable to common shareholders by the weighted average number of common shares and pre-funded warrants outstanding during the period. In addition to the conversion feature on the 2029 Convertible Notes described above, which the Company reviewed and concluded that if-converted would be anti-dilutive due to the facts surrounding the feature, the following potentially dilutive securities have also been excluded from the computation of diluted weighted average shares outstanding as of March 31, as they would be anti-dilutive:

    

2025

    

2024

Stock options, PSUs and RSUs

 

13,041,341

 

8,273,105

Amounts above reflect the common share equivalents of the noted instruments.