Quarterly report pursuant to Section 13 or 15(d)

Loss per Common Share (Tables)

v3.24.1.u1
Loss per Common Share (Tables)
9 Months Ended
Feb. 29, 2024
Loss per Common Share  
Schedule of reconciliation of the numerators and denominators of basic and diluted net loss per share

Three months ended February 29,

Nine months ended February 29,

(in thousands, except per share amounts)

2024

    

2023

2024

2023

Net loss

$

(11,920)

$

(13,702)

$

(33,054)

$

(61,188)

Less: Deemed dividends

(123)

(5,417)

Less: Accrued preferred stock dividends

(369)

(366)

(1,110)

(1,121)

Net loss applicable to common stockholders

$

(12,289)

$

(14,191)

$

(34,164)

$

(67,726)

Basic and diluted:

Weighted average common shares outstanding

982,209

832,215

954,814

810,986

Loss per share

$

(0.01)

$

(0.02)

$

(0.04)

$

(0.08)

Schedule of securities excluded from computation of earnings per share

Three and nine months ended February 29,

(in thousands)

2024

    

2023

Stock options, warrants, and unvested restricted stock units

315,808

203,274

Convertible notes

12,000

12,000

Convertible preferred stock

36,298

33,323