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Net Loss Per Share
 9 Months Ended
Feb. 28, 2025
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 February 28/29,

 

 

Nine months ended February 28/29,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator for basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Neogen

 

$

(10,957

)

 

$

(2,022

)

 

$

(479,848

)

 

$

(4,006

)

Denominator for basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares

 

 

217,031,907

 

 

 

216,597,777

 

 

 

216,845,782

 

 

 

216,438,643

 

Effect of dilutive stock options and RSUs

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Denominator for diluted net loss per share

 

 

217,031,907

 

 

 

216,597,777

 

 

 

216,845,782

 

 

 

216,438,643

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.05

)

 

$

(0.01

)

 

$

(2.21

)

 

$

(0.02

)

Diluted

 

$

(0.05

)

 

$

(0.01

)

 

$

(2.21

)

 

$

(0.02

)

Due to the net loss reported for the three and nine months ended February 28, 2025 and the three and nine months ended February 29, 2024, the stock options and RSUs were anti-dilutive.