Annual report pursuant to Section 13 and 15(d)

Equity Awards and Warrants (Tables)

v3.21.2
Equity Awards and Warrants (Tables)
12 Months Ended
May 31, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option and Warrant Activity

The following table represents stock option and warrant activity for the years ended May 31, 2020 and May 31, 2021:

Weighted 

average

Weighted

remaining

Aggregate

Number of

average

contractual

intrinsic

    

shares

    

exercise price

    

life in years

    

value

Options and warrants outstanding May 31, 2019

 

178,592

$

0.71

 

3.66

$

896

Granted

 

57,720

$

0.47

 

 

Exercised

 

(101,853)

$

0.56

 

 

Forfeited, expired, and cancelled

 

(3,099)

$

0.74

 

 

Options and warrants outstanding May 31, 2020

 

131,360

$

0.65

 

5.79

$

302,961

Granted

 

7,036

$

3.82

 

 

Exercised

 

(75,735)

$

0.59

 

 

Forfeited, expired, and cancelled

 

(1,088)

$

1.66

 

 

Options and warrants outstanding May 31, 2021

 

61,573

$

0.95

 

4.40

$

68,756

Outstanding exercisable May 31, 2021

 

55,713

$

0.78

 

3.98

$

67,151