Net Loss per Share Attributable to Common Stockholders

6 Months Ended

Nov. 30, 2025

Net Loss per Share Attributable to Common Stockholders [Abstract]

Net Loss per Share Attributable to Common Stockholders

NOTE 9. Net 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 (loss) 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, preferred shares, PSUs, and warrants. Certain stock options, preferred shares, PSUs, 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 loss per share for the three and six months-ended November 30, 2025, and November 30, 2024 (000’s CAD, except share amounts): 

	Three Months Ended					Six Months Ended
	November 30, 2025			November 30, 2024		November 30, 2025			November 30, 2024
Income (loss) per share:
Basic:	$	(0.21	)	$	0.83	$	(0.49	)	$	0.79
Diluted:	$	(0.21	)	$	0.80	$	(0.49	)	$	0.76
Shares used in computing Income (loss) per share:
Basic:		42,081,417			23,599,144		39,738,446			21,246,788
Diluted:		42,081,417			24,574,247		39,738,446			21,930,531