| NET LOSS PER SHARE |
The following table sets forth the computation of basic and diluted net loss per share attributable to common shareholders:
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Three Months Ended March 31, |
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2023 |
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2022 |
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Numerator: |
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Net loss attributable to common shareholders |
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$ |
(4,959,431) |
|
$ |
(2,094,845) |
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Denominator: |
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Weighted-average shares outstanding used in computing net loss per share attributable to common shareholders, basic and diluted |
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|
8,579,284 |
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|
7,195,529 |
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Net loss per share attributable to common shareholders, basic and diluted |
|
$ |
0.58 |
|
$ |
0.29 |
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The following outstanding potentially dilutive Common Shares equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:
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March 31, |
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2023 |
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2022 |
Options issued and outstanding under stock option plan |
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1,043,025 |
|
738,037 |
Warrants |
|
1,873,622 |
|
1,560,688 |
Convertible debt |
|
— |
|
1,166,667 |
Series 1 Convertible Preferred Shares |
|
1,166,667 |
|
— |
Deferred Share Units |
|
1,061 |
|
1,061 |
Total |
|
4,084,375 |
|
3,466,453 |
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