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Net Loss Per Share | 12 Months Ended
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Nov. 30, 2023
Loss per share |
Net Loss Per Share | Note 12: Net Loss Per Share The following table provides reconciliation between earnings per share of common stock: Schedule of Earnings Per Common Share
|  | 2023 |  |  | 2022 |
|  | Year Ended November 30 |
|  | 2023 |  |  | 2022 |
Numerator |  |  |  |  |  |
Net loss for the year |  | $ | (9,356,577 | ) |  | $ | (1,738,657 | )
Denominator |  |  |  |  |  |  |  |
Weighted average number of shares, basic and diluted |  |  | 11,480,346 |  |  |  | 9,937,248 |
Net loss per share, basic and diluted |  | $ | (0.82 | ) |  | $ | (0.17 | )
The basic and diluted net loss per share are the same as the Company is in a net loss position. The Company’s potentially dilutive securities, includes stock options (82,500 outstanding as at November 30, 2023, nil as at November 30, 2022) and warrants (1,741,292 outstanding as at November 30, 2023, nil as at November 30, 2022), have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same.

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