Quarterly report pursuant to Section 13 or 15(d)

Loss per Common Share (Tables)

v3.23.3
Loss per Common Share (Tables)
3 Months Ended
Aug. 31, 2023
Loss per Common Share  
Schedule of reconciliation of the numerators and denominators of basic and diluted net loss per share

Three months ended August 31,

(in thousands, except per share amounts)

2023

    

2022

Net loss

$

(11,571)

$

(20,991)

Less: Deemed dividends

(4,154)

Less: Accrued preferred stock dividends

(373)

(385)

Net loss applicable to common stockholders

$

(11,944)

$

(25,530)

Basic and diluted:

Weighted average common shares outstanding

923,587

787,856

Loss per share

$

(0.01)

$

(0.03)

Schedule of securities excluded from computation of earnings per share

Three months ended August 31,

(in thousands)

2023

    

2022

Stock options, warrants, and unvested restricted stock units

276,503

193,609

Convertible notes

12,000

12,000

Convertible preferred stock

34,818

32,170

Reserved for issuance of common stock through a placement agent

14,663

Reserved for issuance of common stock related to note conversion

11,474