LOSS PER SHARE

6 Months Ended

Jun. 30, 2022

Basic and diluted net loss per share is reflected in the following table:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net loss	$	(9,581,303)	$	(7,632,972)	$	(18,735,935)	$	(14,209,010)



Weighted-average number of common shares used in calculating basic and dilutive earnings per share(1)	17,930,926		15,753,324		17,019,262		14,926,734

Basic and diluted net loss per weighted-average share	$	(0.53)	$	(0.48)	$	(1.10)	$	(0.95)

__________________________

(1)For the three and six months ended June 30, 2021, the weighted-average number of common shares used in calculating basic and dilutive earnings per share was adjusted to reflect the impact of the exchange ratio caused by the Redomiciliation.

For the three and six months ended June 30, 2022 and 2021, potentially dilutive shares were not included in the calculation of diluted net loss per share because their effect would have been anti-dilutive due to net losses in those periods. The anti-dilutive shares are presented in the following table:


	June 30,
	2022	2021
Stock options	394,733	392,504
RSUs	35,973	36,745
PRAs	69,468	60,000
Total potentially dilutive shares	500,174	489,249