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Earnings (loss) per share
9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2022
Earnings per share [abstract]    
Earnings (loss) per share [Text Block]

17. Earnings (loss) per share

As disclosed in Note 1, the 1-for-70 Reverse Split effected on October 28, 2022 has been applied retrospectively herein.

The following table summarizes the calculation of the weighted average basic number of basic and diluted common shares:

    Nine months
ended
September 30,
2020
    Twelve
months ended
December 31,
2019
 
Issued common shares,  beginning of period   383,996     3  
             
Effect of shares issued from:            
             
Conversion of directors converted loans   -     101,174  
Conversion of parent company converted loans   -     126,055  
Exercise of options   447     -  
Conversion of convertible notes, including  interest   7,126     21,769  
Issuance for services   1,373     -  
Issuance for technology acquisition (Note 4 (b))   1,272     -  
Issuance of for equity private placements   45,665     -  
Qualifying transaction (Note 4(a))   752     -  
Weighted average number of basic common shares   440,631     249,001  
             
Dilutive securities:            
Stock options   -     -  
Warrants   -     -  
             
Weighted average number of dilutive common shares   440,631     249,001  

At September 30, 2020 and December 31, 2019, all the stock options and warrants were anti-dilutive because of KWESST's net loss for both periods.

16. Earnings (loss) per share

The following table summarizes the calculation of the weighted average basic number of basic and diluted common shares:

    Year ended     Year ended     Nine months ended  
    September 30,     September 30,     September 30,  
    2022     2021     2020  
Issued common shares, beginning of year   699,511     589,518     383,996  
Effect of shares issued from:                  
Exercise of warrants   10,593     4,383     -  
Issuance of bonus shares (Note 10)   8,262     -     -  
Private placements   4,571     21,810     45,665  
Conversion of stock units   3,703     31     -  
Acquisition of Police Ordnance (Note 4(a))   3,144     -     -  
Conversion of contingent shares (Note 4(a))   386     -     -  
Debt settlements   132     1,038     -  
Exercise of options   -     9,118     447  
Asset acquisitions (Note 4(b))   -     6,027     1,272  
Amended license agreement (Note 26)   -     626     -  
Exercise of broker options   -     170     -  
Conversion of convertible notes, including interest   -     -     7,126  
Services rendered   -     -     1,373  
Foremost's QT   -     -     752  
Weighted average number of basic common shares   730,302     632,721     440,631  
                   
Dilutive securities:                  
Stock options   -     -     -  
Warrants   -     -     -  
Weighted average number of dilutive common shares   730,302     632,721     440,631  

At September 30, 2022 and 2021, all the stock options and warrants were anti-dilutive because of we incurred net loss for both fiscal years.