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Note 10 - Basic and Diluted Loss per Common Share
 3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

10. Basic and Diluted Loss per Common Share:

 

The following table reconciles the numerators and denominators of the basic and diluted loss per common share computation (Dollar amounts in thousands of U.S. dollars, except for share data):

 

  

Three Months Ended March 31,

 
  

2026

  

2025

 
         

Numerator for basic and diluted loss per common share:

        

Net loss for the period

 $(18,107) $(15,133)
         

Denominator for basic and diluted loss per common share:

        

Basic and diluted weighted average number of common shares outstanding

  11,124,592   11,032,086 
         

Basic and diluted loss per common share

 $(1.63) $(1.37)

 

For the three months ended March 31, 2026 and March 31, 2025, the Company recorded a net loss, thus all outstanding options were considered anti-dilutive and excluded from the computation of diluted income per common share.