Net Income (Loss) Per Share Attributable to Common Stockholders

9 Months Ended

Feb. 28, 2025

Net Income (Loss) Per Share Attributable to Common Stockholders [Abstract]

Net Income (Loss) per Share Attributable to Common Stockholders

NOTE 9. Net Income (Loss) per Share Attributable to Common Stockholders

The Company computes net income (loss) per share using the two-class method. Basic net income (loss) per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of shares and the effect of potentially dilutive securities outstanding during the period. Potentially dilutive securities consist of stock options, Convertible debentures, PSU’s, and Warrants. Certain Stock options, Convertible debentures, PSU’s, and Warrants were excluded from the computation of diluted net income (loss) per share as including them would have been anti-dilutive.

The following outlines the Company’s basic and diluted income (loss) per share for the three and nine months ended February 28, 2025, and February 29, 2024:

	Quarter-Ended						Nine Months Ended
	February 28, 2025			February 29, 2024			February 28, 2025		February 29, 2024
Income (loss) per share:
Basic:	$	(0.17	)	$	(0.45	)	$	0.49	$	(0.80	)
Diluted:	$	(0.17	)	$	(0.45	)	$	0.45	$	(0.80	)
Shares used in computing Income (loss) per share:
Basic:		29,474,362			11,698,789			23,959,175		8,075,238
Diluted:		29,474,362			11,698,789			26,517,135		8,075,238