Quarterly report [Sections 13 or 15(d)]

Equity Incentive Plan (Tables)

v3.26.1
Equity Incentive Plan (Tables)
9 Months Ended
Feb. 28, 2026
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

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contractual

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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

 

925

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$

0.29

 

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Exercised

 

(100)

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$

0.21

 

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6

Forfeited, expired, and cancelled

 

(905)

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$

1.14

 

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Options outstanding at February 28, 2026

 

38,244

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$

0.44

 

6.98

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$

1,794

Options outstanding and exercisable at February 28, 2026

 

31,322

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$

0.44

 

6.66

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$

1,320

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 February 28, 2026

 

3,500

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$

0.41

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1.00

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