Net loss for the year ended December 31 , 2008 was $ 29.7 million , or a loss per share of $ 0.65 , which includes the goodwill impairment mentioned above as well as a non-cash $ 52.8 million charge for deferred income taxes related to the Company 's reorganization into a taxable entity that occurred simultaneously with its Canadian IPO and related U.S. private placement on May 29 , 2008 .