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SCHEDULE OF DERIVATION OF WEIGHTED AVERAGE SHARES OUTSTANDING USED IN THE CALCULATION OF BASIC AND DILUTED NET LOSS (Tables)
12 Months Ended
May. 31, 2015
SCHEDULE OF DERIVATION OF WEIGHTED AVERAGE SHARES OUTSTANDING USED IN THE CALCULATION OF BASIC AND DILUTED NET LOSS  
SCHEDULE OF DERIVATION OF WEIGHTED AVERAGE SHARES OUTSTANDING USED IN THE CALCULATION OF BASIC AND DILUTED NET LOSS

The following table details the derivation of weighted average shares outstanding used in the calculation of basic and diluted net loss for each period:

 

 

 

(Amounts in thousands, except share amounts)

 

 

Years Ended

 

 

May 31,

2015

 

May 31,

2014

Net loss available to common shareholders

$

(1,319)

$

(748)

Weighted average number of common shares outstanding used in calculating basic earnings per share

 

890,120

 

876,860

Weighted average number of common shares outstanding used in calculating diluted earnings per share

 

890,120

 

876,860