XML 58 R38.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share (Tables)
12 Months Ended
May 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented:
Fiscal Year Ended
May 31, 2024May 31, 2023
Net loss$(149,671)$(45,606)
Net loss attributable to noncontrolling interest(397)(960)
Net loss attributable to Applied Digital Corporation$(149,274)$(44,646)
Basic and diluted net loss per share attributable to Applied Digital Corporation$(1.31)$(0.48)
Basic and diluted weighted average number of shares outstanding114,061,414 93,976,233