Post-effective amendment to a registration statement that is not immediately effective upon filing

Loss per Common Share (Tables)

v3.23.3
Loss per Common Share (Tables)
12 Months Ended
May 31, 2023
Loss per Common Share  
Schedule of reconciliation of the numerators and denominators of basic and diluted net loss per share

     

Fiscal years ended May 31,

(in thousands, except per share amounts)

2023

    

2022

Net loss

$

(79,824)

$

(210,820)

Less: Deemed dividends

(5,417)

Less: Accrued preferred stock dividends

(1,495)

(1,628)

Net loss applicable to common stockholders

$

(86,736)

$

(212,448)

Basic and diluted:

Weighted average common shares outstanding

836,528

676,900

Loss per share

$

(0.10)

$

(0.31)

Schedule of securities excluded from computation of earnings per share

    

Fiscal years ended May 31,

(in thousands)

2023

    

2022

Stock options, warrants, and unvested restricted stock units

281,023

106,002

Convertible notes

12,000

12,000

Convertible preferred stock

34,071

32,535