Quarterly report [Sections 13 or 15(d)]

Private Placements of Common Stock and Warrants (Tables)

v3.25.1
Private Placements of Common Stock and Warrants (Tables)
9 Months Ended
Feb. 28, 2025
Private Placements of Common Stock and Warrants  
Schedule of warrant activity

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Weighted 

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average

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Weighted

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remaining

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Aggregate

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Number of

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average

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contractual

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intrinsic

(in thousands, except for exercise price and years)

    

shares

    

exercise price

    

life in years

    

value

Warrants outstanding at May 31, 2024

 

361,445

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$

0.34

 

4.21

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$

2,697

Granted

 

—

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$

—

 

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Exercised

 

(129,466)

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$

0.09

 

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$

6,386

Forfeited, expired, and cancelled

 

(7,974)

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$

0.55

 

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Warrants outstanding at February 28, 2025

 

224,005

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$

0.25

 

3.87

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$

24,170

Warrants outstanding and exercisable at February 28, 2025

 

224,005

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$

0.25

 

3.87

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$

24,170