Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued Liabilities

v3.25.2
Accrued Liabilities
12 Months Ended
May 31, 2025
Accrued Liabilities  
Accrued Liabilities

Note 3. Accrued Liabilities

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

​

​

​

​

​

​

​

(in thousands)

​

​

May 31, 2025

​

​

May 31, 2024

Compensation and related expense

​

$

278

​

$

208

Legal fees and settlement

​

​

50

​

​

7

Clinical expense

​

​

487

​

​

329

License fees

​

​

1,105

​

​

1,799

Lease payable

​

​

141

​

​

142

Investor proceeds held in escrow

​

​

—

​

​

300

Other liabilities

​

​

145

​

​

25

Total accrued liabilities

​

$

2,206

​

$

2,810

​

As of May 31, 2025 and 2024, the accrued legal fees and settlement balance was primarily related to legal fees.