XML 48 R20.htm IDEA: XBRL DOCUMENT v3.24.0.1
Net Loss Per Share
 12 Months Ended
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:

 

   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.