(Amounts in US$'s, except share data)

For the Three
Months Ended
March 31,
2020

January 10,
2019

(Inception) to
March 31,
2019

Numerator:

Net loss

$

(7,025,538

)

$

(770,677

)

Numerator for basic earnings per share - loss available to common shareholders

$

(7,025,538

)

$

(770,677

)

Denominator:

Denominator for basic earnings per share - weighted average common shares outstanding

128,365,109

28,065,385

Dilutive effect of warrants and options

—

Denominator for diluted earnings per share - weighted average common shares outstanding and assumed conversions

128,365,109

28,065,385

Basic loss per common share

$

(0.05

)

$

(0.03

)

Diluted loss per common share

$

(0.05

)

$

(0.04

)