Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

LOSS PER SHARE

v3.25.1
LOSS PER SHARE
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
LOSS PER SHARE

NOTE 32 — LOSS PER SHARE

 

    2024     2023     2022  
    Years ended December 31,  
    2024     2023     2022  
                   
Loss per share, basic and diluted   $ (1.03 )   $ (1.03 )   $ (24.65 )
The calculation of basic and diluted loss per share has been based on the following loss attributable to ordinary shareholders and the weighted average number of ordinary shares                        
Net Loss   $ (24,939,822 )   $ (5,711,222 )     (56,006,439 )
Non-Controlling Interest     (57,746 )     (54,079 )     (206,021 )
Loss Attributed to Ordinary Shareholders   $ (24,882,076 )   $ (5,657,143 )     (55,800,418 )
                         
Weighted Average Number of Ordinary Shares                        
Issued at the beginning of the year (1)     7,387,378       2,770,522       1,615,581  
Issued in current Year (1)     57,003,973       4,616,856       1,154,941  
Issued at the end of the year (1)     64,391,351       7,387,378       2,770,522  
Weighted Average (1)     24,153,220       5,550,197       2,263,436  
                         
Diluted loss per share:                        
There are no dilutive instruments and therefore diluted earnings per share is the same as basic earnings per share                        
                         
Instruments that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted earnings per share because they are antidilutive:                        
                         
Share Options and RSUs (1)     6,725,070       152,494       151,166  

 

1) Number of shares and options of the previous year are adjusted for share consolidation in the ratio of 1 for 10.