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Loss per share
6 Months Ended 12 Months Ended
Apr. 30, 2022
Oct. 31, 2021
Statement [Line Items]    
Loss per share
18.
Earnings per share
For comparability, the stated weighted average number of common shares and the number of potential common shares have been scaled by the Business Combination exchange ratio of 1:39.91 for periods prior to the completion of the business combination on August 10, 2021.
 
     Three months ended April 30,      Six months ended April 30,  
    
2022
     2021     
2022
     2021  
Net profit (loss)
  
$
(20,650,375
   $ (7,848,142   
$
7,896,265
 
   $ (14,693,465
Weighted average number of common shares
  
 
168,971,679
 
     95,060,429     
 
166,365,628
 
     94,254,557  
    
 
 
    
 
 
    
 
 
    
 
 
 
Effect of dilutive securities
                                   
Stock options
  
 
—  
 
     —       
 
3,840,066
 
     —    
Restricted share units
  
 
—  
 
     —       
 
1,493,766
 
     —    
Convertible debt
  
 
—  
 
     —       
 
—  
 
     —    
Warrants
  
 
—  
 
     —       
 
1,097
 
     —    
    
 
 
    
 
 
    
 
 
    
 
 
 
Effect of dilutive securities
  
 
—  
 
     —       
 
5,334,929
 
     —    
    
 
 
    
 
 
    
 
 
    
 
 
 
Dilutive number of shares
  
 
168,971,679
 
     95,060,429     
 
171,700,557
 
     94,254,557  
    
 
 
    
 
 
    
 
 
    
 
 
 
Basic earnings (loss) per share
  
$
(0.12
   $ (0.08   
$
0.05
 
   $ (0.16
Diluted earnings (loss) per share
  
$
(0.12
   $ (0.08   
$
0.05
 
   $ (0.16
    
 
 
    
 
 
    
 
 
    
 
 
 
Adjustments for diluted loss per share were not made for the three months ended April 30, 2022 and three and six months ended April 30, 2021 as they would be anti-dilutive in nature. The following table represents
instruments that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted earnings per share because they are antidilutive for the periods presented:
 
    
April 30,
     April 30,  
    
2022
     2021  
Stock options
  
 
1,085,571
 
     6,415,533  
Convertible debt
  
 
7,917,948
 
     —    
    
 
 
    
 
 
 
    
 
9,003,519
 
     6,415,533  
    
 
 
    
 
 
 
19.
Loss per share
For comparability, the weighted average number of ordinary shares and the number of potential common shares have been scaled by the exchange ratio of 1:39.91 for periods prior to the completion of the business combination on August 10, 2021.
 
     Year Ended October 31,  
    
2021
     2020      2019  
Net loss
  
$
(226,559,288
   $ (9,275,962    $ (4,100,782
Weighted average number of ordinary shares
  
 
110,119,135
 
     82,571,828        71,891,372  
    
 
 
    
 
 
    
 
 
 
Basic and diluted loss per share
  
$
(2.06
   $ (0.11    $ (0.06
    
 
 
    
 
 
    
 
 
 
Adjustments for diluted loss per share were not made for the twelve months ended October 31, 2021, 2020 and 2019 as they would be anti-dilutive in nature. The following potential common shares are anti-dilutive and are therefore excluded from the weighted average number of common shares for the purpose of diluted earnings per share:
 
     Year Ended October 31,  
    
2021
     2020      2019  
Stock options
  
 
5,296,553
 
     5,327,985        3,991,000  
Warrants
  
 
22,999,894
 
     —          —    
Convertible debt
  
 
7,493,795
 
    
  
       536,231  
Restricted share units
  
 
716,763
 
     87,084        —    
    
 
 
    
 
 
    
 
 
 
    
 
36,507,005
 
     5,415,069        4,527,231