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Net Loss Per Share
 6 Months Ended
Nov. 30, 2024
Earnings Per Share [Abstract]  
Net Loss Per Share

3. NET LOSS PER SHARE

Basic net loss per share was computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share was computed using the treasury stock method by dividing net loss by the weighted average number of shares of common stock outstanding.

The calculation of net loss per share follows:

 

 

Three months ended November 30,

 

 

Six months ended November 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator for basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Neogen

 

$

(456,282

)

 

$

(3,487

)

 

$

(468,891

)

 

$

(1,984

)

Denominator for basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares

 

 

216,813,788

 

 

 

216,410,493

 

 

 

216,754,244

 

 

 

216,359,511

 

Effect of dilutive stock options and RSUs

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Denominator for diluted net loss per share

 

 

216,813,788

 

 

 

216,410,493

 

 

 

216,754,244

 

 

 

216,359,511

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(2.10

)

 

$

(0.02

)

 

$

(2.16

)

 

$

(0.01

)

Diluted

 

$

(2.10

)

 

$

(0.02

)

 

$

(2.16

)

 

$

(0.01

)

Due to the net loss reported for the three and six months ended November 30, 2024 and the three and six months ended November 30, 2023, the dilutive stock options and RSUs were anti-dilutive.