NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

NET LOSS PER SHARE

17. NET LOSS PER SHARE

On November 21, 2023, the Company announced a Rights Offering which allowed holders of common shares, as of the close of business on December 12, 2023, transferable subscription rights to purchase up to an aggregate of 85,714,285 common shares at a subscription price of C$0.35 per common share (refer to Note 23). An adjustment is required on the calculation of net loss per share for the year ended December 31, 2023, as well as retrospectively for the years ended December 31, 2022 and December 31, 2021, to account for the bonus factor that resulted from this event.

	For the year ended December 31,
	2023			2022			2021
Net loss per share − basic and diluted
Net loss after tax (thousands of U.S. dollars)	$	(14,584	)	$	(54,963	)	$	(53,668	)
Weighted average number of shares outstanding (thousands of shares as previously reported)		101,984			87,662			85,027
Weighted average number of shares outstanding (thousands of shares restated)		116,135			99,826			96,826
Net loss per share − basic and diluted (as previously calculated, prior to Rights Offering)	$	(0.14	)	$	(0.63	)	$	(0.63	)
Net loss per share − basic and diluted (as on the Consolidated Statement of Comprehensive Income)	$	(0.13	)	$	(0.55	)	$	(0.55	)