LOSS PER SHARE

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

LOSS PER SHARE

9. LOSS PER SHARE

Net loss per share is provided in accordance with FASB ASC 260-10, “Earnings per share”. Basic net loss per common share (“EPS”) is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted loss per share is computed by dividing net loss by the weighted average shares outstanding, assuming all dilutive potential common shares were issued, unless doing so is anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per share for the years ended December 31, 2023 and 2022:

	Year ended December 31,
	2023			2022
Net loss for the year	$	(1,383,447	)	$	(2,652,929	)
Weighted average number of common shares outstanding, basic and diluted		150,877,491			152,899,640
Basic and diluted loss per common share	$	(0.01	)	$	(0.02	)