The following table sets forth the components used in the computation of basic and diluted loss per share for the three months ended May 31, 2026 and 2025:


(In thousands, except share and per share data)	Three Months Ended May 31, 2026		Three Months Ended May 31, 2025
Basic loss per share:
Numerator:
Net loss	$	(83,595)	$	(623)


Net loss available to common stockholders - basic	$	(83,576)	$	(623)

Denominator:
Weighted average common shares outstanding - basic	551,788,656		2,006,202
Basic loss per common share	$	(0.15)	$	(0.31)

Diluted loss per share:
Numerator:
Net loss available to common stockholders - diluted	$	(83,576)	$	(623)
Denominator:
Weighted average common shares outstanding - basic	551,788,656		2,006,202
Add: dilutive securities	0		0
Warrants	0		0
RSAs	0		0
Weighted average common shares outstanding - diluted	551,788,656		2,006,202
Diluted loss per common share	$	(0.15)	$	(0.31)

The following table sets forth the components used in the computation of basic and diluted loss per share for the nine months ended May 31, 2026 and 2025:


(In thousands, except share and per share data)	Nine Months Ended May 31, 2026		Nine Months Ended May 31, 2025
Basic loss per share:
Numerator:
Net loss	$	(9,106,103)	$	(2,754)


Net loss available to common stockholders - basic	$	(9,106,084)	$	(5,715)

Denominator:
Weighted average common shares outstanding - basic	443,947,604		2,185,206
Basic loss per common share	$	(20.51)	$	(2.62)

Diluted loss per share:
Numerator:
Net loss available to common stockholders - diluted	$	(9,106,084)	$	(5,715)
Denominator:
Weighted average common shares outstanding - basic	443,947,604		2,185,206
Add: dilutive securities	0		0
Warrants	0		0
RSAs	0		0
Weighted average common shares outstanding - diluted	443,947,604		2,185,206
Diluted loss per common share	$	(20.51)	$	(2.62)

The following table summarizes the securities that were not included in the computation of diluted income per common share because their effect is anti-dilutive:


	Outstanding as of	Outstanding as of
	May 31, 2026	May 31, 2025
C-3 Warrants(1)	1,280	1,280
Strategic Advisor Warrants(1)	2,820,774	0
Representative Warrants(1)	50,875	0
CVI Warrants(2)	10,435,430	0
Options(1) & (2)	359,124	0
Performance-based RSUs(3)	4,500,000	0
RSAs (1)	0	135,360


(1) 302,124 Options, RSAs ,Strategic and Representative Warrants were excluded due to a net loss position during the reporting periods
(2) C-3 Warrants, CVI Warrants and 57,000 Options were out-of-money during the three and nine months ended May 31, 2026
(3) The performance-based RSUs have certain stock price, market cap and other market/performance conditions which were not met as of May 31, 2026.