Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.22.2.2
Commitments and Contingencies (Tables)
3 Months Ended
Aug. 31, 2022
Commitments and Contingencies.  
Schedule of future commitments

​

​

​

​

​

Fiscal Year

    

Amount

2023 (9 months remaining)

​

$

34,638

2024

​

​

121,750

2025

​

​

76,400

2026 and thereafter

​

​

—

Total

​

$

232,788

Schedule of operating lease balances

​

​

​

​

​

​

​

​

​

​

​

​

​

(in thousands)

​

August 31, 2022

​

May 31, 2022

​

Assets

​

​

​

​

​

​

​

Right-of-use asset

​

$

502

​

$

536

​

Liabilities

​

​

​

​

​

​

​

Current operating lease liability

​

$

135

​

$

134

​

Non-current operating lease liability

​

 

387

​

 

422

​

Total operating lease liability

​

$

522

​

$

556

​

Schedule of the minimum (base rental) lease payments

​

The minimum (base rental) lease payments are expected to be as follows as of August 31, 2022 (in thousands):

​

​

​

​

​

Fiscal Year

​

Amount

2023 (9 months remaining)

​

$

133

2024

​

​

182

2025

​

​

185

2026

​

​

169

Total operating lease payments

​

​

669

Less: imputed interest

​

​

(147)

Present value of operating lease liabilities

​

$

522

Schedule of supplemental information relating to operating leases

Supplemental information related to operating leases was as follows:

​

​

​

​

​

​

August 31, 2022

Weighted average remaining lease term

​

3.6

years

Weighted average discount rate

​

10.0

%