Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v3.20.4
EARNINGS PER SHARE
 12 Months Ended
Nov. 30, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
16. EARNINGS PER SHARE
   

The Company’s potential dilutive securities, which include Series A Preferred stock, stock options, and outstanding warrants to purchase shares of common stock, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The following potential common shares, presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

    November 30,  
    2020     2019  
Series A Preferred Stock     46,366,490       —  
Warrants     5,857,386       45,787,219  
Stock Options     7,059,667       2,911,667  
Restricted Stock     15,735,000       —  
Total     75,018,543       48,698,886