Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE

v3.21.1
LOSS PER SHARE
3 Months Ended
Feb. 28, 2021
Earnings Per Share [Abstract]  
LOSS PER SHARE
18. LOSS 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:

 

    For the Three Months Ended
    February 28, 2021     February 29, 2020
Convertible Notes           43,869,127
Series A Preferred Stock     46,366,490      
Warrants     5,323,192       46,435,637
Stock Options     6,870,500       6,889,167
Total     58,560,182       97,193,931