LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Basic loss per share is calculated by dividing the net loss by the weighted average number of Common Shares issued during years ended December 31, 2024, and 2023. The following table reflects the loss and share data used in the basic loss per share calculations:

SCHEDULE OF NET LOSS PER SHARE

	2024			2023
	For the Twelve Months Ended December 31,
	2024			2023
Net loss	$	(10,618,687	)	$	(20,824,039	)
Basic and diluted weighted average number of Common Shares in issue		62,258,734			53,850,285
Basic and diluted loss per share	$	(0.17	)	$	(0.39	)

SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION EARNINGS PER SHARE

Diluted loss per share did not include the effect of outstanding stock options, PSUs, RSUs, performance shares, warrants and convertible debentures as the effect would be anti-dilutive. The Company excluded the following securities from its computation of diluted shares outstanding, as their effect would have been anti-dilutive:

	Years Ended December 31,
	2024		2023
Restricted stock units ⁽¹⁾		2,502,774		938,206
Performance share units ⁽¹⁾		1,224,441		934,623
Performance shares		2,500,000		2,500,000
Stock options		2,163,635		2,141,526
Warrants		10,954,307		14,805,080
Convertible debt		2,715,714		2,715,714

(1)

These amounts represent securities convertible into the same number of shares, which are not yet issued

YERBAE BRANDS CORP. 10-K