EARNINGS/(LOSS) PER SHARE

12 Months Ended

May 31, 2022

Earnings Per Share [Abstract]

EARNINGS/(LOSS) PER SHARE

NOTE 7 – EARNINGS/(LOSS) PER SHARE

Basic and diluted earnings/(loss) per share is computed by dividing net income/(loss) available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings/(loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive earnings/(loss) per share excludes all potential common shares if their effect is anti-dilutive. For the years ended May 31, 2022 and 2021, respectively, warrants to purchase 0 and 5,374,501 shares of common stock, options to purchase 5,275,000 and 4,300,000 shares of common stock , and 928,333 and 0 shares convertible into shares of common stock in connection with the convertible debt, were not included in the computation of diluted earnings/(loss) per share because they were anti-dilutive.

	For the Year Ended
	May 31,
	2022			2021
Numerator - net loss attributable to common stockholders	$	(895,847	)	$	(368,236	)
Denominator - weighted average number of common shares outstanding		54,514,765			54,514,765
Basic and diluted earnings/(loss) per common share	$	(0.02	)	$	(0.01	)