Annual report [Section 13 and 15(d), not S-K Item 405]

Note 13 - Share Capital (Tables)

v3.26.1
Note 13 - Share Capital (Tables)
12 Months Ended
Dec. 31, 2025
Notes To Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

Loss per Common Share is calculated using the weighted average number of Common Shares outstanding and is presented in the table below:

 

 

 

Year ended December 31, 2025

 

 

Year ended December 31, 2024

 

Net loss

 

$

(25,468

)

 

$

(25,430

)

Weighted-average number of common shares outstanding, basic and diluted

 

 

2,447,353

 

 

 

698,980

 

Net loss per common share, basic and diluted

 

$

(10.41

)

 

$

(36.38

)

Schedule of Total Anti-dilutive Shares

The effect of any potential exercise of the Company’s stock options and warrants outstanding during the years ended December 31, 2025 and December 31, 2024 has been excluded from the calculation of diluted loss per common share as it would be anti‑dilutive.

 

 

 

Year ended December 31, 2025

 

 

Year ended December 31, 2024

 

Outstanding stock options

 

 

37,370

 

 

 

39,489

 

Outstanding warrants to purchase common shares

 

 

1,267,585

 

 

 

1,267,585

 

Total anti-dilutive shares

 

 

1,304,955

 

 

 

1,307,074