Note 15 - Income (Loss) Per Share

9 Months Ended

Apr. 30, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 15: INCOME (LOSS) PER SHARE

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

	Three Months Ended April 30,					Nine Months Ended April 30,
Numerator	2023			2022		2023			2022
Net Income (Loss) for the Period	$	(10,960	)	$	7,344	$	(3,824	)	$	(204	)
Denominator
Basic Weighted Average Number of Shares		375,759,521			281,668,948		360,554,427			265,709,463
Dilutive Effect of Stock Awards and Warrants		-			10,092,007		-			-
Diluted Weighted Average Number of Shares		375,759,521			291,760,955		360,554,427			265,709,463
Net Income (Loss) Per Share - Basic	$	(0.03	)	$	0.03	$	(0.01	)	$	(0.00	)
Net Income (Loss) Per Share - Diluted	$	(0.03	)	$	0.03	$	(0.01	)	$	(0.00	)

For the three and nine months ended April 30, 2023, and nine months ended April 30, 2022, all of our outstanding stock options, RSUs, PRSUs and share purchase warrants were excluded from the calculation of our diluted loss per share since their effects would be anti-dilutive.