Quarterly report [Sections 13 or 15(d)]

Equity Incentive Plan (Tables)

v3.25.2
Equity Incentive Plan (Tables)
3 Months Ended
Aug. 31, 2025
Equity Incentive Plan  
Schedule of stock option 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

​

average

​

contractual

​

intrinsic

(in thousands, except per share data and years)

    

shares

    

exercise price

    

life in years

    

value

Options outstanding at May 31, 2025

 

38,324

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$

0.46

 

7.65

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$

4,039

Granted

 

725

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$

0.30

 

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​

 

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Exercised

 

(100)

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$

0.21

 

​

​

 

6

Forfeited, expired, and cancelled

 

(480)

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$

1.93

 

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​

 

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Options outstanding at August 31, 2025

 

38,469

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$

0.44

 

7.50

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$

3,035

Options outstanding and exercisable at August 31, 2025

 

29,787

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$

0.46

 

7.01

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$

2,079

Schedule of PSU activity

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Weighted average

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Number of

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Weighted average

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remaining contractual

(shares in thousands)

    

RSUs and PSUs (1)

    

grant date fair value

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life in years

Unvested PSUs at May 31, 2025

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3,500

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0.41

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1.75

PSUs granted

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—

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PSUs forfeited

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—

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PSUs vested

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—

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Unvested PSUs at August 31, 2025

 

3,500

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$

0.41

​

1.50

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(1) The number of PSUs disclosed in this table are at the target level of 100%.