v3.26.1
Earning / (Loss) per share
9 Months Ended
May 31, 2026
Earnings Per Share [Abstract]  
Earning / (Loss) per share

8. Earning / (Loss) per share

 

The following table reconciles the numerator and denominator used in the calculation of basic and diluted earnings or loss per share:

 

  

Three months

ended

May 31, 2026

  

Three months

ended

May 31, 2025

  

Nine months

ended

May 31, 2026

  

Nine months

ended

May 31, 2025

 
Net income / (loss) attributable to common shareholders  $25,250,083   $(557,736)  $(1,346,969)  $(1,814,112)
Weighted-average common shares outstanding — basic   25,534,070    635,712    14,513,147    503,374 
Dilutive effect of stock options   -    -    -    - 
Dilutive effect of restricted share units   46,437    -    -    - 
Weighted-average common shares outstanding — diluted   25,580,507    635,712    14,513,147    503,374 

Basic earnings / (loss) per share

  $0.99   $(0.93)  $(0.09) 

$

(3.50)
Diluted earnings / (loss) per share  $0.99   $(0.93)  $(0.09)  $(3.50)

 

Basic earnings or loss per share is calculated by dividing net income or loss attributable to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted earnings or loss per share is calculated by adjusting the weighted-average number of common shares outstanding for the effect of potentially dilutive securities, only to the extent such securities are dilutive.

 

For the three months ended May 31, 2026, the Company reported net income and included dilutive restricted share units in the calculation of diluted earnings per share. Stock options and warrants were excluded to the extent their effect was anti-dilutive.

 

For the nine months ended May 31, 2026, and for the three and nine months ended May 31, 2025, the Company reported net losses. Accordingly, all potentially dilutive securities were excluded from diluted loss per share because their effect would have been anti-dilutive. As a result, diluted loss per share equals basic loss per share for those periods.