Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v3.20.1
Stock Options and Warrants (Tables)
9 Months Ended
Feb. 29, 2020
Stock Option and Warrant Activity
The following table represents stock option and warrant activity as of and for the nine months ended February 29, 2020:
 
     Number of
Shares
     Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual Life
in Years
     Aggregate
Intrinsic Value
 
Options and warrants outstanding—May 31, 2019
     178,591,849      $ 0.71        3.75      $ 896,400  
  
 
 
          
Granted
     56,818,838        0.46        —          —    
Exercised
     (59,546,851      0.39        —          —    
Forfeited/expired/cancelled
     (2,677,865      0.73        —          —    
  
 
 
          
Options and warrants outstanding—February 29, 2020
     173,185,971        0.65        3.94      $ 69,328,476
  
 
 
          
Outstanding exercisable—February 29, 2020
     169,122,723      $ 0.66        3.77      $ 67,192,113