Quarterly report pursuant to Section 13 or 15(d)

Loss per Common Share (Tables)

v3.24.1.u1
Loss per Common Share (Tables)
9 Months Ended
Feb. 29, 2024
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 February 29,

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Nine months ended February 29,

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(in thousands, except per share amounts)

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2024

    

2023

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2024

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2023

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Net loss

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$

(11,920)

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$

(13,702)

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$

(33,054)

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$

(61,188)

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Less: Deemed dividends

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—

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(123)

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—

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(5,417)

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Less: Accrued preferred stock dividends

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(369)

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(366)

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(1,110)

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(1,121)

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Net loss applicable to common stockholders

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$

(12,289)

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$

(14,191)

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$

(34,164)

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$

(67,726)

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Basic and diluted:

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Weighted average common shares outstanding

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982,209

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832,215

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954,814

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810,986

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Loss per share

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$

(0.01)

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$

(0.02)

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$

(0.04)

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$

(0.08)

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Schedule of securities excluded from computation of earnings per share

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Three and nine months ended February 29,

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(in thousands)

2024

    

2023

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Stock options, warrants, and unvested restricted stock units

315,808

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203,274

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Convertible notes

12,000

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12,000

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Convertible preferred stock

36,298

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33,323

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