Note 15 - Net Loss Per Share

12 Months Ended

Jul. 31, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

15:

         

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

2021

and Fiscal

2020:

	Year Ended July 31,
	2021			2020
Numerator
Net Loss for the Year	$	(14,813,810	)	$	(14,610,516	)
Denominator
Basic Weighted Average Number of Shares		210,295,992			183,041,766
Dilutive Stock Options, RSUs, PRSUs and Warrants		-			-
Diluted Weighted Average Number of Shares		210,295,992			183,041,766
Net Loss per Share, Basic and Diluted	$	(0.07	)	$	(0.08	)

For Fiscal

2021

and Fiscal

2020,

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