LOSS PER COMMON SHARE |
3 Months Ended | ||
|---|---|---|---|
May 31, 2025 | |||
| LOSS PER COMMON SHARE | |||
| LOSS PER COMMON SHARE |
The Company accounts for loss per share in accordance with FASB ASC 260, Earnings per Share. Basic loss per share amounts are calculated by dividing net loss by the weighted average number of common shares outstanding during each period. Diluted loss per share is calculated by dividing net loss by the weighted average number of common shares outstanding for the periods, including the dilutive effect of all common stock equivalents. Dilutive options and warrants that are issued during a period or that expire or are canceled during a period are reflected in the computations for the time they were outstanding during the periods being reported. During the three months ended May 31, 2025 and 2024, 600,000 stock options were excluded from the calculation of diluted loss per share because their effect would be anti-dilutive. |