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(Loss) Earnings Per Share

12 Months Ended

Dec. 31, 2022

(Loss) Earnings Per Share

(Loss) Earnings Per Share

Note 21. (Loss) Earnings Per Share

(Loss) earnings per share data for the years ended December 31, 2022, 2021 and 2020 are summarized as follows:


		2022			2021			2020
Basic (loss) earnings attributable to holders of common shares		$	(23,398)		$	7,564		$	369
Effect of dilutive securities:			—			—			—
Diluted (loss) earnings		$	(23,398)		$	7,564		$	369


		Number of Shares
		2022		2021		2020
Weighted average number of common shares outstanding - basic		14,811,118		14,779,302		14,779,302
Effect of dilutive securities:
Options		—		129,010		—
Weighted average number of common shares outstanding - diluted		14,811,118		14,908,312		14,779,302


		2022			2021			2020
(Loss) earnings per share - basic and diluted		$	(1.58)		$	0.51		$	0.03

In 2022, 2021 and 2020, the Group’s potential ordinary shares include stock options outstanding.

As at December 31, 2022, 2021 and 2020, there were 1,894,127, 1,538,596 and 501,485 stock options outstanding, respectively, that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted earnings per share because they were antidilutive for the year ended December 31, 2022, 2021 and 2020.