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Note 15 - Earnings Per Share
 12 Months Ended
Nov. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

15.

EARNINGS PER SHARE

 

For the years ended November 30, 2022 and 2021, the Company recorded a net loss available to common shareholders. As such, because the dilution from potential common shares was antidilutive, the Company used basic weighted-average common shares outstanding, rather than diluted weighted-average common shares outstanding when calculating diluted loss per share for the years ended November 30, 2022 and 2021.

 

  

November 30,

 
  

2022

  

2021

 

Net loss

 $(7,885) $(3,283)

Preferred stock dividends

  —   (1,043)

Net loss available to common shareholders

 $(7,885) $(4,326)
         

Weighted-average number of shares used in computing net loss per share, basic, and diluted

  22,364,201   19,610,039 

Net loss per share - basic and diluted

 $(0.35) $(0.22)

 

The Company’s potential dilutive securities, which include stock options and RSUs have been excluded from the computation of diluted net loss per share as the effect would be anti-dilutive. 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:

 

  

November 30,

 
  

2022

  

2021

 

Stock Options

  1,297,750   586,783 

Restricted Stock

  1,314,909   1,594,120 

Total

  2,612,659   2,180,903