Annual report pursuant to Section 13 and 15(d)

Accrued Liabilities

v3.24.2.u1
Accrued Liabilities
12 Months Ended
May 31, 2024
Accrued Liabilities  
Accrued Liabilities

Note 4. Accrued Liabilities

The components of accrued liabilities were as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

May 31, 2024

​

​

May 31, 2023

Compensation and related expense

​

$

208

​

$

335

Legal fees and settlement

​

​

7

​

​

168

Clinical expense

​

​

329

​

​

187

Accrued inventory charges and expenses

​

 

—

​

 

4,978

License fees

​

​

1,799

​

​

862

Lease payable

​

​

142

​

​

139

Investor proceeds held in escrow

​

​

300

​

​

—

Other liabilities

​

​

25

​

​

—

Total accrued liabilities

​

$

2,810

​

$

6,669

​

As of May 31, 2024 and 2023, the accrued legal fees and settlement balance was primarily related to legal fees.