v3.26.1
Note 20 - Loss Per Share
12 Months Ended
Dec. 31, 2025
Statement Line Items [Line Items]  
Disclosure of earnings per share [text block]

20.

Loss Per Share

 

The following table sets forth the computation of basic and diluted loss per share for the years ended December 31, 2025, 2024 and 2023:

 

  

For the years ended December 31,

 
  

2025

  

2024

  

2023

 

Numerator

            

Net loss for the period – basic and diluted

 $(133,465) $(29,447) $(64,666)

Gain on financial derivative liability

  -   -   (6,683)

Net loss for the year ended – diluted

          (71,349)

Denominator

            

Basic and Diluted – weighted average number of shares outstanding

  32,104,582   14,256,263   10,857,737 
             

Loss Per Share Basic

 $(4.16) $(2.07) $(5.96)

Loss Per Share Diluted

 $(4.16) $(2.07) $(5.96)

 

Conversion option, share purchase warrants and stock options were excluded from the calculation of diluted weighted average number of common shares outstanding for the years ended December 31, 2025, 2024 and 2023 as the warrants and stock options were anti-dilutive.