Quarterly report [Sections 13 or 15(d)]

NET LOSS PER COMMON SHARE

v3.26.1
NET LOSS PER COMMON SHARE
3 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE

NOTE 11 — NET LOSS PER COMMON SHARE

 

Net loss per share of common stock is calculated in accordance with ASC 260, Earnings Per Share. Basic loss per share is computed by dividing net loss available to common stockholder, by the weighted average number of shares of common stock outstanding during the period. In periods where the Company recognizes a net loss, all dilutive securities are excluded. The following were excluded from the computation of diluted shares outstanding as they would have had an anti-dilutive impact on the Company’s net loss.

  

    July 31, 2026     July 31, 2025  
Common stock equivalents:                
Restricted and deferred stock units     675,259       586,461  
Stock options     548,056       450,991  
Stock warrants     3,165,583       2,780,060  
Total     4,388,898       3,817,512  

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2026