11.
NET LOSS PER SHARE
Basic
net loss per share is computed using the weighted average number of common shares outstanding during the year. The following table sets
forth the computation of basic and diluted net loss per share for the years ended December 31, 2023 and 2022:
SCHEDULE OF COMPUTATION OF
BASIC AND DILUTED NET LOSS PER SHARE
| Schedule of computation of net loss per share: | |
For the year ended
December 31, 2023 (Audited) | | |
For the year ended
December 31, 2022 (Audited) | |
| Net loss attributable to common shareholders | |
$ | (302,872 | ) | |
$ | (94,276 | ) |
| | |
| | | |
| | |
| Weighted average common shares outstanding – Basic and diluted | |
| 97,304,864 | | |
| 92,519,843 | |
| | |
| | | |
| | |
| Net loss per share – Basic and diluted (cent)# | |
$ | (0.00 | ) | |
$ | (0.09 | ) |
# For
the year ended December 31, 2023 and 2022, diluted weighted-average common shares outstanding is equal to basic weighted-average
common shares, due to the Company’s net loss position. Hence, no common stock equivalents were included in the computation of
diluted net loss per share since such inclusion would have been antidilutive.
|