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Basic and diluted earnings per share
3 Months Ended
Mar. 31, 2017
Basic and diluted earnings per share  
Basic and diluted earnings per share

 

11Basic and diluted earnings per share

 

Diluted earnings per share is calculated by adjusting the weighted average number of common shares outstanding, assuming conversion of all potentially dilutive common shares. As the Company has incurred a loss, all potentially dilutive common shares would have an antidilutive effect, if converted, and thus have been excluded from the computation of loss per share.

 

 

 

March 31,

 

March 31,

 

 

 

2017

 

2016

 

 

 

common shares

 

BMS warrants

 

3,587,333

 

3,442,655

 

Warrants

 

37,175

 

37,175

 

Stock options under 2012 Plan

 

348,032

 

964,155

 

Stock options under 2014 Plan

 

2,267,943

 

1,567,236

 

Stock options (other)

 

337,500

 

1,000,000

 

RSUs and PSUs

 

620,252

 

195,940

 

 

 

 

 

 

 

Total potential dilutive common shares

 

7,198,235

 

7,207,161