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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share  
EARNINGS PER SHARE

 

21. EARNINGS PER SHARE

 

The calculation of earnings per share for the year ended December 31, 2025 and 2024 are as follows:

 

               
    Year ended
December 31,
 
    2025     2024  
    $     $  
Net income (loss)     3,229,957       (15,979,351 )
Weighted average number of SV Shares outstanding     243,446,152       209,441,723  
Dilutive effect of stock options outstanding     3,383,959       -  
Dilutive effect of RSUs outstanding     1,496,500       -  
Dilutive effect of warrants outstanding     2,537,964       -  
Diluted weighted average number of SV Shares outstanding     250,864,575       209,441,723  
                 
Basic net income (loss) per share     0.01       (0.08 )
Diluted net income (loss) per share     0.01       (0.08 )

 

For the year ended December 31, 2024, the number of stock options, RSUs, and warrants excluded from the computation because the effects of these items would be anti-dilutive was 15,365,000, 725,700, and 4,000,000, respectively.