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EARNINGS/(LOSS) PER SHARE
12 Months Ended
May 31, 2025
Earnings Per Share [Abstract]  
EARNINGS/(LOSS) PER SHARE

NOTE 8 – 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, 2025 and 2024, respectively, options to purchase 20,000,000 and 21,100,000 shares of common stock, zero and 312,109 shares underlying convertible debt outstanding, and 1,460,870 and 1,260,870 warrants to purchase shares of common stock were not included in the computation of diluted earnings/(loss) per share because they were anti-dilutive. 

 

   For the Year Ended 
   May 31, 
   2025   2024 
Numerator - net loss attributable to common stockholders  $

(3,181,874

)  $(2,867,299)
           
Denominator - weighted average number of common shares outstanding   73,605,387    69,263,157 
           
Basic and diluted loss per common share  $(0.04)  $(0.04)