Basic and Diluted Earning or Loss Per Share

9 Months Ended

Mar. 31, 2025

Basic and Diluted Earning or Loss Per Share [Abstract]

Basic and diluted earning or loss per share

17. Basic and diluted earning or loss per share

The calculation of basic and diluted loss per share for three and nine months ended March 31, 2025 was based on the net loss attributable to common shareholders of $25,163,438 and $2,354,505, respectively (March 31, 2024 – net loss of $13,096,933 and $25,604,984 for the three and nine months, respectively) and the weighted average number of common shares outstanding of 50,566,406 and 21,855,268, respectively for the three and nine months ended March 31, 2025 (March 31, 2024 –12,303,733 and 12,135,890 for the three and nine months, respectively).

The following table presents the potentially dilutive shares that were excluded from the computation of diluted loss per share because their effect was anti-dilutive:

	March 31, 2025		June 30, 2024
Stock options		1,330,250		1,948,260
Warrants		118,750,208		1,191,280
Preferred shares		-		7,392,418
SAFE		-		268,835
Convertible notes		-		3,221,447
		120,080,458		14,022,240