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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2024
Text block [abstract]  
EARNINGS (LOSS) PER SHARE
17.
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, 
     
2024
     
2023 
  
 
Diluted earnings (loss) per share
      
Diluted earnings (loss) available to NexGen shareholders
   
$  (77,559)
  
$  80,816 
 
Weighted average number of common shares
   
554,755,412
  
498,243,824 
Effect of share options on issue
   
-
  
14,698,606 
Weighted average number of common shares (diluted)
   
554,755,412
  
529,214,619 
Diluted earnings (loss) per share
   
$    (0.14)
  
$   0.16 
 
 
For the year ended December 31, 2024, 48,616,795 (December 31, 2023 – 10,349,062) options were excluded from the diluted weighted average number of common shares calculation.