EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2023

Basic earnings per share are computed by dividing net loss attributable to common shareholders of the Company by the weighted average number of outstanding shares for the period. Diluted earnings per share are calculated based on the weighted number of outstanding common shares plus the dilutive effect of stock options and warrants, as if they were exercised, and restricted stock units and profits interests, as if they vested and NCI convertible units, as if they converted.

Basic and diluted loss per share is as follows:


	Three Months Ended March 31,
		2023		2022
Net loss attributable to common shareholders of the Company		$	(14,590)	$	(12,694)
Weighted average shares outstanding - basic		112,546		106,900
Effect of dilutive securities		—		—
Weighted average shares - diluted		112,546		106,900
Net loss per share attributable to common shareholders of the Company - basic		$	(0.13)	$	(0.12)
Net loss per share attributable to common shareholders of the Company - diluted		$	(0.13)	$	(0.12)

During the three months ended March 31, 2023, 5,817 Fixed warrants, 2,524 Floating warrants, 6,206 Fixed Share RSUs, 449 Floating Share RSUs, 7,337 Fixed Share stock options, 2,236 Floating Share stock options and 22,698 NCI convertible units were excluded from the calculation of net loss per share attributable to common shareholders of the Company - diluted, as they were anti-dilutive. During the three months ended March 31, 2022, 5,817 Fixed warrants, 2,524 Floating warrants, 2,916 Fixed Share RSUs, 1,251 Floating Share RSUs, 1,525 Fixed Share stock options, 2,413 Floating Share stock options and 22,698 NCI convertible units were excluded from the calculation of net loss per share attributable to common shareholders of the Company - diluted, as they were anti-dilutive.