Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.23.4
Commitments and Contingencies (Tables)
6 Months Ended
Nov. 30, 2023
Commitments and Contingencies.  
Schedule of future commitments

As of November 30, 2023, the future commitments pursuant to these agreements were estimated as follows (in thousands):

​

​

​

​

​

Fiscal Year

    

Amount

2024 (6 months remaining)

​

$

156,388

2025

​

​

76,400

2026 and thereafter

​

​

—

Total

​

$

232,788

Schedule of operating lease balances

​

​

​

​

​

​

​

​

​

​

​

​

​

(in thousands)

​

​

November 30, 2023

​

​

May 31, 2023

​

Assets

​

​

​

​

​

​

​

Right-of-use asset

​

$

332

​

$

400

​

Liabilities

​

​

​

​

​

​

​

Current operating lease liability

​

$

142

​

$

139

​

Non-current operating lease liability

​

 

211

​

 

283

​

Total operating lease liability

​

$

353

​

$

422

​

Schedule of the minimum (base rental) lease payments

​

The minimum (base rental) lease payments are expected to be as follows as of November 30, 2023 (in thousands):

​

​

​

​

​

Fiscal Year

​

Amount

2024 (6 months remaining)

​

$

91

2025

​

​

185

2026

​

​

169

Thereafter

​

​

—

Total operating lease payments

​

​

445

Less: imputed interest

​

​

(92)

Present value of operating lease liabilities

​

$

353

Schedule of supplemental information relating to operating leases

​

​

​

​

​

​

​

November 30, 2023

Weighted average remaining lease term

​

2.4

years

Weighted average discount rate

​

10.0

%