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

Weighted 

average

Weighted

remaining

Aggregate

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

$

0.46

 

7.65

$

4,039

Granted

 

725

$

0.30

 

 

Exercised

 

(100)

$

0.21

 

 

6

Forfeited, expired, and cancelled

 

(480)

$

1.93

 

 

Options outstanding at August 31, 2025

 

38,469

$

0.44

 

7.50

$

3,035

Options outstanding and exercisable at August 31, 2025

 

29,787

$

0.46

 

7.01

$

2,079

Schedule of PSU activity

Weighted average

Number of

Weighted average

remaining contractual

(shares in thousands)

    

RSUs and PSUs (1)

    

grant date fair value

life in years

Unvested PSUs at May 31, 2025

3,500

0.41

1.75

PSUs granted

PSUs forfeited

PSUs vested

Unvested PSUs at August 31, 2025

 

3,500

$

0.41

1.50

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