Note 3 - Loss Per Share |
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| Earnings Per Share [Text Block] |
Note 3. LOSS PER SHARE
Basic loss per share is based on the weighted-average effect of all common shares issued and outstanding and is calculated by dividing net loss attributable to common stockholders by the weighted-average shares outstanding during the period. Diluted loss per share is calculated by dividing net loss attributable to common stockholders by the weighted-average number of common shares used in the basic loss per share calculation plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares outstanding. Warrants exercisable into common stock totaling $500,000 were not included in the computation of diluted loss per share for the quarter ended August 31, 2026 as the effect would have been antidilutive.
The following tables set forth the computation of basic and diluted loss per share for the three months ended August 31:
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