CytoDyn Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Loss Per Common Share (Tables)

Loss Per Common Share (Tables)

9 Months Ended

12 Months Ended

Feb. 28, 2023

May 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 February 28,						Nine months ended February 28,
(in thousands, except per share amounts)		2023			2022			2023			2022
						(Restated)⁽¹⁾						(Restated)⁽¹⁾
Net loss		$	(13,702)		$	(41,285)		$	(61,188)		$	(126,699)
Less: Deemed dividends			(123)			—			(5,417)			—
Less: Accrued preferred stock dividends			(366)			(397)			(1,121)			(1,239)
Net loss applicable to common stockholders		$	(14,191)		$	(41,682)		$	(67,726)		$	(127,938)
Basic and diluted:
Weighted average common shares outstanding			832,215			695,614			810,986			663,373
Loss per share		$	(0.02)		$	(0.06)		$	(0.08)		$	(0.19)


		Years ended May 31,
(in thousands, except per share amounts)		2022			2021
						(Restated)⁽¹⁾
Net loss		$	(210,820)		$	(176,465)
Less: Accrued preferred stock dividends			(1,628)			(1,687)
Net loss applicable to common stockholders		$	(212,448)		$	(178,152)
Basic and diluted weighted average common shares outstanding			676,900			587,590
Basic and diluted loss per share		$	(0.31)		$	(0.30)

(1)	See Note 2, Revision of Financial Statements, and Note 14, Restatement.

Schedule of securities excluded from computation of earnings per share


		Three and nine months ended February 28,
(in thousands)		2023		2022
Stock options, warrants, and unvested restricted stock units		203,274		98,309
Convertible notes		12,000		12,000
Convertible preferred stock		33,323		32,197


		As of May 31,
(in thousands)		2022		2021
Stock options, warrants, and unvested restricted stock units		106,002		82,386
Convertible notes		12,000		18,000
Convertible preferred stock		32,535		33,008