BASIC AND DILUTED LOSS PER SHARE

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

BASIC AND DILUTED LOSS PER SHARE

BASIC AND DILUTED LOSS PER SHARE

Basic loss per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted loss per share is based on the assumption that potential dilutive shares have been issued. The calculation of basic and diluted loss per share is as follows:

	Three months ended March 31,
	2025		2024
Net loss	$	(41,205)	$	(19,700)
Basic and diluted weighted average shares outstanding	431,341,371		305,323,881
Basic and diluted loss per share	$	(0.10)	$	(0.06)

Convertible debentures and convertible loans of 50,938,127, stock options of 9,223,290 and warrants of 53,185,249 (Note 6 (i)) were excluded from the computation of diluted weighted average shares outstanding for the three months ended March 31, 2025 (2024 - 48,120,362, 11,285,193 and 25,216,409, respectively) as their effect would be anti-dilutive.