Earnings per share

9 Months Ended

Sep. 30, 2022

Earnings per share

Earnings per share:

4. Earnings per Share:

Weighted average number of common shares outstanding:

	Three months				Nine months
	ended September 30,				ended September 30,
	2022		2021		2022		2021
Issued common shares at beginning of period		91,265,140		83,730,875		85,545,875		77,961,151
Effect of shares issued		-		20,707		3,710,562		3,130,375
Weighted average number of common shares outstanding – basic		91,265,140		83,751,582		89,256,437		81,091,526
Weighted average number of shares outstanding – diluted		91,265,140		83,751,582		89,256,437		81,091,526

There is no difference in diluted as compared to basic earnings per share for the period when the company has a net loss as the impact would be antidilutive.