Net Loss per Share Attributable to Common Stockholders

9 Months Ended

Feb. 28, 2026

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 nine months-ended February 28, 2026, and February 28, 2025 (000’s CAD, except share amounts): 

	Three Months Ended						Nine Months Ended
	February 28, 2026			February 28, 2025			February 28, 2026			February 28, 2025
Income (loss) per share:
Basic:	$	(0.16	)	$	(0.17	)	$	(0.64	)	$	0.49
Diluted:	$	(0.16	)	$	(0.17	)	$	(0.64	)	$	0.45
Shares used in computing Income (loss) per share:
Basic:		44,329,214			29,474,362			41,251,886			23,959,175
Diluted:		44,329,214			29,474,362			41,251,886			26,517,135