Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.24.4
Commitments and Contingencies (Tables)
6 Months Ended
Nov. 30, 2024
Commitments and Contingencies.  
Schedule of operating lease balances

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​

​

​

​

​

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​

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(in thousands)

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​

November 30, 2024

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​

May 31, 2024

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Assets

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​

​

​

​

​

​

Right-of-use asset

​

$

196

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$

264

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Liabilities

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​

​

​

​

​

​

Current operating lease liability

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$

141

​

$

142

​

Non-current operating lease liability

​

 

69

​

 

141

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Total operating lease liability

​

$

210

​

$

283

​

Schedule of the minimum (base rental) lease payments

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The minimum (base rental) lease payments are expected to be as follows as of November 30, 2024 (in thousands):

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​

​

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Fiscal Year

​

Amount

2025 - 6 months remaining

​

$

92

2026

​

​

169

Thereafter

​

​

—

Total operating lease payments

​

​

261

Less: imputed interest

​

​

(51)

Present value of operating lease liabilities

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$

210

Schedule of supplemental information relating to operating leases

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​

​

​

November 30, 2024

Weighted average remaining lease term

​

1.4

years

Weighted average discount rate

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10.0

%