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

%