Basic net loss per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net loss per share is based on the assumption that potential dilutive shares have been issued. The calculation of basic and diluted loss per share is as follows:


	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
Net loss	$	(48,350)	$	(41,867)	$	(179,478)	$	(113,287)
Basic and diluted weighted average shares outstanding	866,370,379		815,610,094		854,913,465		619,780,680


Basic and diluted net loss per share	$	(0.06)	$	(0.05)	$	(0.21)	$	(0.18)

Convertible debentures of 149,350,644, stock options of 5,670,687, RSUs of 14,899,626, PSUs of 11,378,884, DSUs of 2,145,439, and warrants of 194,900,978 (Note 7, 8 and 9) were excluded from the computation of diluted weighted average shares outstanding for the three and nine months ended September 30, 2026 (September 30, 2025 - convertible debentures and convertible loans of 70,365,388, stock options of 8,856,490, PSUs of 7,960,752 and warrants of 233,298,025, respectively) as their effect would be anti-dilutive. As of September 30, 2026, the conversion value of the 2026 Convertible Debentures was less than their principal amount.