Year ended December 31,

2023

2022

2021

Numerator for basic and diluted earnings per common share:

Net income (loss) for the period

$

(96,197

)

$

(27,571

)

$

3,364

Denominator for basic and diluted earnings per common share:

Basic weighted average number of common shares outstanding

10,864,086

10,769,280

10,662,337

Effect of outstanding stock options

-

155,132

Diluted weighted average number of shares outstanding

10,864,086

10,769,280

10,817,468

Basic earnings per common share

$

(8.85

)

$

(2.56

)

$

0.32

Diluted earnings per common share

$

(8.85

)

$

(2.56

)

$

0.31