v3.26.3
Organization and Nature of Operations: Earnings Per Share, Policy (Policies)
3 Months Ended
Aug. 31, 2026
Policies  
Earnings Per Share, Policy

Earnings (Loss) Per Share

 

Basic and diluted loss per share are computed in accordance with ASC 260. Basic loss per share is calculated by dividing net loss attributable to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution from common share equivalents (e.g., warrants) using the treasury stock method. For the three months ended August 31, 2026, the Company did not have any warrants outstanding; for the comparative period ended August 31, 2025, the effect of such instruments was anti-dilutive, and therefore diluted loss per share was the same as basic loss per share.

 

The following table presents the calculation of the loss per share:

 

 

Three months ended

August 31,

 

2026

 

2025

Net loss attributable to common shareholders

$

(169,518)

 

$

(265,602)

Weighted-average common shares outstanding

 

21,141,272

 

 

20,319,261

Loss per common share (basic and diluted)

$

(0.01)

 

$

(0.01)