Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.23.1
Commitments and Contingencies (Tables)
9 Months Ended
Feb. 28, 2023
Commitments and Contingencies.  
Schedule of future commitments

Fiscal Year

    

Amount

2023 (3 months remaining)

$

34,638

2024

121,750

2025

76,400

2026 and thereafter

Total

$

232,788

Schedule of operating lease balances

(in thousands)

February 28, 2023

May 31, 2022

Assets

Right-of-use asset

$

434

$

536

Liabilities

Current operating lease liability

$

138

$

134

Non-current operating lease liability

 

318

 

422

Total operating lease liability

$

456

$

556

Schedule of the minimum (base rental) lease payments

The minimum (base rental) lease payments are expected to be as follows as of February 28, 2023 (in thousands):

Fiscal Year

Amount

2023 (3 months remaining)

$

45

2024

182

2025

185

2026

169

Total operating lease payments

581

Less: imputed interest

(125)

Present value of operating lease liabilities

$

456

Schedule of supplemental information relating to operating leases

February 28, 2023

Weighted average remaining lease term

3.1

years

Weighted average discount rate

10.0

%