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Stock Options and Warrants (Tables)
9 Months Ended
Feb. 29, 2020
Stock Option and Warrant Activity
The following table represents stock option and warrant activity as of and for the nine months ended February 29, 2020:
 
   Number of
Shares
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual Life
in Years
   Aggregate
Intrinsic Value
 
Options and warrants outstanding—May 31, 2019
   178,591,849   $0.71    3.75   $896,400 
  
 
 
       
Granted
   56,818,838    0.46    —      —   
Exercised
   (59,546,851   0.39    —      —   
Forfeited/expired/cancelled
   (2,677,865   0.73    —      —   
  
 
 
       
Options and warrants outstanding—February 29, 2020
   173,185,971    0.65    3.94   $69,328,476
  
 
 
       
Outstanding exercisable—February 29, 2020
   169,122,723   $0.66    3.77   $67,192,113