| Schedule of the Reconciliation of the Basic and Diluted Weighted Average Number of Shares Outstanding |
The following table summarizes the reconciliation of the basic weighted average number of shares outstanding and the diluted weighted average number of shares outstanding: | | | | | | | | | | | | | | | | | | | Years ended | | | | | | December 31, 2023 | | December 31, 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Numerator: | | | | | | | | | Net income (loss) | | | | | $ | 132 | | | $ | (3,460) | | After tax effect of debt interest(1) | | | | | 1 | | | — | | | Net income (loss) after tax effected debt interest | | | | | $ | 133 | | | $ | (3,460) | | | | | | | | | | | Denominator: | | | | | | | | Basic weighted average number of shares outstanding | | | | | 1,281,554,559 | | 1,266,268,155 | | Weighted average effect of dilutive securities: | | | | | | | | | Stock options | | | | | 4,586,659 | | — | | Restricted share units | | | | | 2,974,367 | | — | | Convertible senior notes | | | | | 6,388,480 | | — | | Deferred share units | | | | | 7,320 | | — | Diluted weighted average number of shares | | | | | 1,295,511,385 | | 1,266,268,155 | | | | | | | | | | Net income (loss) per share: | | | | | | | | Basic | | | | | $ | 0.10 | | | $ | (2.73) | | Diluted | | | | | $ | 0.10 | | | $ | (2.73) | | | | | | | | | | | Common stock equivalents excluded from net income (loss) per diluted share because they are anti-dilutive: | | | | | | | | | Stock options | | | | | 150,558 | | 14,008,761 | | | Restricted share units | | | | | 1,058,628 | | 10,218,906 | | | Convertible senior notes | | | | | — | | 6,388,480 | | | Deferred share units | | | | | — | | 11,413 | | | | | | | 1,209,186 | | 30,627,560 | |
(1) When the Notes are dilutive, the after tax effect of debt interest is added back to net income to calculate diluted net income per share.
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