Note 14 - Net Loss Per Share

12 Months Ended

Jul. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 1 4 : NET LOSS PER SHARE

The following table reconciles the weighted average number of shares used in the computation of basic and diluted loss per share for Fiscal

2020,

Fiscal

2019

and Fiscal

2018:

	Year Ended July 31,
	2020			2019			2018
Numerator
Net Loss for the Year	$	(14,610,516	)	$	(17,152,789	)	$	(17,826,634	)
Denominator
Basic Weighted Average Number of Shares		183,041,766			175,844,624			157,123,025
Dilutive Stock Options, RSUs, PRSUs and Warrants		-			-			-
Diluted Weighted Average Number of Shares		183,041,766			175,844,624			157,123,025
Net Loss per Share, Basic and Diluted	$	(0.08	)	$	(0.10	)	$	(0.11	)

For Fiscal

2020,

Fiscal

2019

and Fiscal

2018,

all outstanding stock options, share purchase warrants and, in particular to Fiscal

2020

and Fiscal

2019,

RSUs and PRSUs, were excluded from the computation of diluted loss per share as their effects would be anti-dilutive.