v3.22.1
Net loss per share
3 Months Ended
Mar. 31, 2022
Net loss per share  
Net loss per share

7     Net loss per share

Basic net loss per common share is determined by dividing net loss applicable to common shareholders by the weighted average number of common shares and pre-funded warrants outstanding during the period.

For the three months March 31, 2022 and 2021, the Company was in a net loss position. Dilutive net loss per common share is determined by dividing net loss applicable to common shareholders by the weighted average number of common shares and shares issuable upon exercise of pre-funded warrants outstanding during the period. The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as of March 31, as they would be anti-dilutive:

    

2022

    

2021

Share options

 

7,427,189

 

5,632,224

Amounts above reflect the common share equivalents of the noted instruments.