Note 13 - Loss Per Share

3 Months Ended

Oct. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE  1 3 : LOSS PER SHARE

The following table reconciles the weighted average number of shares used in the calculation of the basic and diluted loss per share:

	Three Months Ended October 31,
	2020			2019
Numerator
Net Loss for the Period	$	(4,963,537	)	$	(5,042,577	)
Denominator
Basic Weighted Average Number of Shares		189,955,499			181,240,702
Dilutive Stock Options, RSUs, PRSUs and Warrants		-			-
Diluted Weighted Average Number of Shares		189,955,499			181,240,702
Net Loss per Share, Basic and Diluted	$	(0.03	)	$	(0.03	)

For the

three

months ended

October 31, 2020

and

2019

all outstanding stock options, RSUs, PRSUs and share purchase warrants were excluded from the calculation of the diluted loss per share since their effects would be anti-dilutive.