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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
EARNINGS PER SHARE  
EARNINGS PER SHARE

12. EARNINGS PER SHARE

Basic and diluted loss per common share have been calculated based on the weighted-average shares outstanding during the period. Additionally, 32,016,628 potentially dilutive shares, comprised of unvested RSUs, outstanding stock options and potential shares to be converted related to the Series A-1 Convertible Notes (see Note 6 Series A-1 Convertible Notes for more details) at the end of the period, were excluded from the calculation of earnings per share because the effect on the basic income per share would be anti-dilutive, as the Company had a net loss for the three and six months ended June 30, 2025.