| LOSS PER SHARE |
NOTE 16: LOSS PER SHARE
The following table presents the computation of
basic and diluted loss per share from continuing operations:
| | |
Three months ended March 31, | |
| | |
2026 | | |
2025 | |
| From continuing operations: | |
| | |
| |
| Numerator: | |
| | |
| |
| Loss from continuing operations | |
(127,574 | ) | |
(38,373 | ) |
| Effect of Convertible Notes | |
— | | |
— | |
| Numerator for diluted loss per share | |
(127,574 | ) | |
(38,373 | ) |
| | |
| | |
| |
| Denominator: | |
| | |
| |
| Denominator for basic loss per share - weighted average shares outstanding | |
602,578,453 | | |
500,163,441 | |
| Dilutive impact of Convertible Notes | |
— | | |
— | |
| Denominator for diluted loss per share - weighted average shares outstanding | |
602,578,453 | | |
500,163,441 | |
| | |
| | |
| |
| Loss from continuing operations per common share attributable to common shareholders: | |
| | |
| |
| Basic | |
(0.21 | ) | |
(0.08 | ) |
| Diluted | |
(0.21 | ) | |
(0.08 | ) |
The following
table presents the computation of basic and diluted loss per share from discontinued operations:
| | |
Three months ended March 31, | |
| | |
2026 | | |
2025 | |
| From discontinued operations | |
| | |
| |
| Numerator: | |
| | |
| |
| Loss from discontinued operations | |
(17,779 | ) | |
(17,180 | ) |
| Effect of Convertible Notes | |
— | | |
— | |
| Numerator for diluted loss per share | |
(17,779 | ) | |
(17,180 | ) |
| | |
| | |
| |
| Denominator: | |
| | |
| |
| Denominator for basic loss per share - weighted average shares outstanding | |
602,578,453 | | |
500,163,441 | |
| Dilutive impact of Convertible Notes | |
— | | |
— | |
| Denominator for diluted loss per share - weighted average shares outstanding | |
602,578,453 | | |
500,163,441 | |
| | |
| | |
| |
| Loss from discontinued operations per common share attributable to common shareholders: | |
| | |
| |
| Basic | |
(0.03 | ) | |
(0.03 | ) |
| Diluted | |
(0.03 | ) | |
(0.03 | ) |
Earnings
per share
For the three
months ended March 31, 2026 and 2025 potentially dilutive securities were excluded from the calculation of diluted loss per share
due to their anti-dilutive effect.
The following table presents additional potentially
dilutive securities that were excluded from the calculation of diluted loss per share as their inclusion would be anti-dilutive:
| | |
Three months ended March 31, | |
| | |
2026 | | |
2025 | |
| Options | |
3,866,972 | | |
1,703,868 | |
| Warrants | |
5,825,069 | | |
1,381,644 | |
| RSUs | |
4,064,399 | | |
1,772,666 | |
| PSUs | |
3,508,275 | | |
— | |
| Convertible note shares | |
85,664,309 | | |
— | |
| | |
102,929,024 | | |
4,858,178 | |
|