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NET LOSS PER COMMON SHARE
3 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE

NOTE 11 — NET LOSS PER COMMON SHARE

 

Net loss per share of common stock is calculated in accordance with ASC 260, Earnings Per Share. Basic loss per share is computed by dividing net loss available to common stockholder, by the weighted average number of shares of common stock outstanding during the period. In periods where the Company recognizes a net loss, all dilutive securities are excluded. The following were excluded from the computation of diluted shares outstanding as they would have had an anti-dilutive impact on the Company’s net loss.

  

   July 31, 2026   July 31, 2025 
Common stock equivalents:          
Restricted and deferred stock units   675,259    586,461 
Stock options   548,056    450,991 
Stock warrants   3,165,583    2,780,060 
Total   4,388,898    3,817,512 

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2026