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Loss Per Share

6 Months Ended

Jun. 30, 2022

Loss Per Share

Loss Per Share

Note 13: Loss (earnings) per share

For the three and six months ended June 30, 2022, and 2021, the weighted average number of shares outstanding and loss (earnings) per share were as follows:

		Three months ended June 30								Six months ended June 30
		2022				2021				2022				2021
Net loss (earnings)		$	5,577			$	4,060			$	(40,059	)		$	8,985
Weighted average basic number of shares outstanding			136,600,071				117,893,013				131,266,530				117,861,667
Basic loss (earnings) per share		$	0.04			$	0.03			$	(0.31	)		$	0.08
Weighted average diluted number of shares outstanding			136,600,071				117,893,013				139,492,021				117,861,667
Diluted (earnings) loss per share		$	0.04			$	0.03			$	(0.29	)		$	0.08

All of the outstanding share options and share purchase warrants at June 30, 2021 were anti-dilutive for the periods then ended as the Company was in a loss position. Additionally, all of the outstanding share options and share purchase warrants at June 30, 2022 were anti-dilutive for the three months ended June 30, 2022 as the Company was in a loss position.

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- Definition

The entire disclosure for earnings per share.

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-URIDate 2021-03-24

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