XML 41 R28.htm IDEA: XBRL DOCUMENT v3.25.4
LOSS PER SHARE (Tables)
3 Months Ended
Nov. 30, 2025
Earnings Per Share [Abstract]  
SCHEDULE OF COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE

The following table sets forth the components used in the computation of basic and diluted loss per share:

 

(In thousands, except share and per share data) 

Three Months Ended

November 30,2025

  

Three Months Ended

November 30, 2024

 
Basic loss per share:          
Numerator:          
Net loss  $(5,204,095)  $(974)
Less: Deemed dividend to participating preferred stock   -    (2,961)
Less: allocation to participating preferred stock   -    - 
Net loss available to common stockholders — Basic  $(5,204,095)  $(3,935)
           
Denominator:          
Weighted average common shares outstanding - basic   325,665,565    2,371,103 
Basic loss per common share  $(15.98)  $(1.66)
           
Diluted loss per share:          
Numerator:          
Net loss available to common stockholders — Dilutive  $(5,204,095)  $(3,935)
Denominator:          
Weighted average common shares outstanding - basic   325,665,565    2,371,103 
Add: dilutive securities          
Warrants   -    - 
RSAs   -    - 
Weighted average common shares outstanding - diluted   325,665,565    2,371,103 
Diluted loss per common share  $(15.98)  $(1.66)
SUMMARY OF COMPUTATION OF DILUTED INCOME PER COMMON SHARE

The following table summarizes the securities that were not included in the computation of diluted income per common share:

 

  

Outstanding as of

November 30, 2025

  

Outstanding as of

November 30, 2024

 
C-3 Warrants   1,280    1,280 
C-1 and C-2 Warrants   -    414,760 
Strategic Advisor and Representative Warrants   3,043,654    - 
CVI Warrants (1)   10,435,430    - 
RSAs   -    195,906 
RSUs   26,954    - 

 

(1) CVI Warrants were out-of-money as of November 30, 2025