Quarterly report pursuant to Section 13 or 15(d)

Loss per Common Share (Tables)

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

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Three months ended August 31,

(in thousands, except per share amounts)

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2023

    

2022

Net loss

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$

(11,571)

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$

(20,991)

Less: Deemed dividends

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—

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(4,154)

Less: Accrued preferred stock dividends

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(373)

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(385)

Net loss applicable to common stockholders

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$

(11,944)

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$

(25,530)

Basic and diluted:

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Weighted average common shares outstanding

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923,587

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787,856

Loss per share

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$

(0.01)

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$

(0.03)

Schedule of securities excluded from computation of earnings per share

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Three months ended August 31,

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(in thousands)

2023

    

2022

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Stock options, warrants, and unvested restricted stock units

276,503

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193,609

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Convertible notes

12,000

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12,000

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Convertible preferred stock

34,818

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32,170

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Reserved for issuance of common stock through a placement agent

14,663

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—

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Reserved for issuance of common stock related to note conversion

11,474

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—

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