v3.26.1
BASIC AND DILUTED LOSS PER SHARE
12 Months Ended
Dec. 31, 2025
BASIC AND DILUTED LOSS PER SHARE  
BASIC AND DILUTED LOSS PER SHARE

18.

BASIC AND DILUTED LOSS PER SHARE

  ​ ​ ​

Year ended December 31

  ​ ​ ​

2025

  ​ ​ ​

2024

Basic weighted average number of common shares outstanding

234,636,355

194,032,544

Effect of outstanding securities

Diluted weighted average number of common shares outstanding

234,636,355

194,032,544

Loss and comprehensive loss for the year

$

(47,572,620)

$

(50,268,354)

Loss per share – basic and diluted

$

(0.20)

$

(0.26)

For the years ended December 31, 2025 and 2024, the Company incurred net loss and comprehensive loss. As such, diluted loss per share excludes any potential conversion of 7,631,500 (2024 – 10,556,750) share purchase options, 2,694,348 RSU’s (2024 – Nil) and 14,952,035 (2024 – Nil) warrants, as their inclusion would be anti-dilutive.