Quarterly report pursuant to Section 13 or 15(d)

Loss Per Common Shares (Tables)

v3.22.2.2
Loss Per Common Shares (Tables)
3 Months Ended
Aug. 31, 2022
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)

​

2022

​

2021

​

​

​

​

​

​

(Restated) (1)

Net loss

​

$

(20,991)

​

$

(45,337)

Less: Deemed dividends due to down round provision

​

​

(4,154)

​

​

—

Less: Accrued preferred stock dividends

​

​

(385)

​

​

(425)

Net loss applicable to common stockholders

​

$

(25,530)

​

$

(45,762)

Basic and diluted:

​

​

​

​

​

​

Weighted average common shares outstanding

​

​

787,856

​

​

632,597

Loss per share

​

$

(0.03)

​

$

(0.07)

(1) See Note 2, Summary of Significant Accounting Policies.

Schedule of securities excluded from computation of earnings per share

​

​

​

​

​

​

​

​

​

​

Three months ended August 31,

​

​

(in thousands)

2022

    

​

2021

    

​

Stock options, warrants, and unvested restricted stock units

193,609

​

​

60,141

​

​

Convertible notes

12,000

​

​

12,000

​

​

Convertible preferred stock

32,170

​

​

33,858

​

​