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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2023
Text block [abstract]  
EARNINGS (LOSS) PER SHARE
18.
EARNINGS (LOSS) PER SHARE
Basic net earnings (loss) per share provides a measure of the interests of each ordinary common share in the Company’s performance over the year. Diluted net earnings (loss) per share adjusts basic net income (loss) per share for the effect of all dilutive potential common shares.
 
   
  
 
For the year ended December 31,  
 
     
2023
      2022    
 Basic earnings (loss) per share
                  
  Net income (loss) attributable to NexGen shareholders
   
 
$  80,816
 
      $  (56,587)    
  Weighted average number of common shares
   
 
498,243,824
 
      479,680,438    
  Basic earnings (loss) per share
   
 
$   0.16
 
      $ (0.12)    
 Diluted earnings (loss) per share
      
  Diluted earnings (loss) available to NexGen shareholders
   
 
$  80,816
 
      $ (56,587)    
  Weighted average number of common shares
   
 
498,243,824
 
      479,680,438    
  Effect of share options on issue
   
 
14,698,606
 
      -    
  Weighted average number of common shares (diluted)
   
 
529,214,619
 
      479,680,438    
  Diluted earnings (loss) per share
   
 
$ 0.16
 
      $ (0.12)    
As at December 31, 2023, 10,349,062 (December 31, 2022 – nil) options were excluded from the diluted weighted average number of common shares calculation.