LOSS PER SHARE

3 Months Ended

Mar. 31, 2023

LOSS PER SHARE The Company computes loss per share of common shares. Basic net loss per common share is computed by dividing the net loss by the weighted-average number of common shares outstanding. Diluted loss per common share is computed by dividing the net loss by the weighted-average number of common shares together with the number of additional common shares that would have been outstanding if all potentially dilutive common shares had been issued, unless anti-dilutive.

The following table sets forth the computation of basic and dilutive net loss per share attributable to common shareholders:


	Three Months Ended March 31,
	2023		2022
Net loss	$	(2,912)	$	(8,626)
Weighted-average number of common shares - basic	152,314,150		144,990,224
Dilutive effect of stock options and awards	—		—
Weighted-average number of common shares - diluted	152,314,150		144,990,224
Loss per common share – basic and diluted	$	(0.02)	$	(0.06)

As of March 31, 2023 and March 31, 2022, potentially dilutive securities include stock options, restricted share units, common share warrants, and convertible debenture conversion. When the Company recognizes a net loss from continuing operations, all potentially dilutive shares are anti-dilutive and are consequently excluded from the calculation of diluted net loss per share. The potentially dilutive awards outstanding for each year are presented in the table below:


	March 31,
	2023	2022
Outstanding options	4,386,215	4,867,464
Outstanding restricted share units	2,216,022	2,569,689
Outstanding common share warrants	—	6,983,140
Convertible debenture conversion	37,870,349	—
Total	44,472,586	14,420,293