v3.26.1
Loss per share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Loss per share [Text Block]

14. Loss per share

Basic and diluted net loss per share attributable to ordinary shareholders was calculated as follows:

    Three Months Ended June 30,     Six Months Ended June 30,  
    2026     2025     2026     2025  
Net loss attributable to shareholders   (11,617,705 )   (6,176,084 )   (20,659,848 )   (11,278,492 )
Weighted average number of common shares outstanding   55,055,225     14,284,261     47,566,945     13,853,305  
Basic and diluted net loss per share attributable to shareholders   (0.21 )   (0.43 )   (0.43 )   (0.81 )

 

The Company's potentially dilutive securities as of June 30, 2026 and 2025, include stock options, warrants, and debentures. The Company excluded the potential ordinary shares outstanding at each period end from the computation of diluted net loss per share attributable to ordinary shareholders for the period ended June 30, 2026 and 2025 because including them would have had an anti-dilutive effect.

The following potentially dilutive securities have been excluded from the computations of diluted weighted-average shares outstanding as they would be anti-dilutive:

    For the Period Ended  
    June 30, 2026     June 30, 2025  
Stock options   5,510,000     1,285,000  
Warrants   7,281,795     4,596,795  
Debentures   -     5,000,000  
    12,791,795     10,881,795