v3.25.2
Net Income (Loss) Per Share Attributable to Common Stockholders
12 Months Ended
May 31, 2025
Net Income (Loss) Per Share Attributable to Common Stockholders [Abstract]  
Net Income (Loss) per Share Attributable to Common Stockholders

NOTE 14. Net Income (Loss) per Share Attributable to Common Stockholders

 

The Company computes net income (loss) per share using the two-class method. Basic net income (loss) per share is computed using the weighted-average number of shares outstanding during the period. Diluted net income (loss) per share is computed using the weighted-average number of shares and the effect of potentially dilutive securities outstanding during the period. Potentially dilutive securities consist of stock options, Convertible debentures, PSU’s, and Warrants. Certain Stock options, Convertible debentures, PSU’s, and Warrants were excluded from the computation of diluted net income (loss) per share as including them would have been anti-dilutive.

The following outlines the Company’s basic and diluted loss per share for the year-ended May 31, 2025, and May 31, 2024 (000’s CAD, except share amounts):

 

   Year Ended 
   May 31,
2025
   May 31,
2024
 
Income (loss) per share:        
Basic:  $0.20   $(0.76)
Diluted:  $0.17   $(0.76)
           
Shares used in computing Income (loss) per share:          
Basic:   25,844,200    10,717,378 
Diluted:   30,760,145    10,717,378