Quarterly report pursuant to Section 13 or 15(d)

Convertible Instruments (Tables)

v3.21.2
Convertible Instruments (Tables)
3 Months Ended
Aug. 31, 2021
Debt Disclosure [Abstract]  
Schedule of the outstanding balance of convertible notes

​

​

​

​

​

​

​

​

​

​

​

(in thousands)

​

November 2020 Note

​

April 2, 2021 Note

​

April 23, 2021 Note

Outstanding balance May 31, 2021

​

$

13,554

​

$

25,715

​

$

25,485

Consideration received

​

​

-

​

​

-

​

​

-

Amortization of issuance discount and costs

​

​

98

​

​

441

​

​

441

Interest expense accrued

​

​

192

​

​

750

​

​

745

Cash repayments

​

​

-

​

​

-

​

​

-

Conversions

​

​

-

​

​

-

​

​

-

Fair market value of shares exchanged for repayment

​

​

(18,495)

​

​

-

​

​

-

Debt extinguishment loss

​

​

4,651

​

​

-

​

​

-

Outstanding balance August 31, 2021

​

$

-

​

$

26,906

​

$

26,671