General form for registration of securities under the Securities Act of 1933

Accrued Liabilities (Tables)

v3.26.1
Accrued Liabilities (Tables)
9 Months Ended 12 Months Ended
Feb. 28, 2026
May 31, 2025
Accrued Liabilities and Compensation    
Schedule of components of accrued liabilities

The components of accrued liabilities and compensation are as follows (in thousands):

February 28, 2026

May 31, 2025

Compensation and related expense

$

255

$

278

Legal settlement

12,745

Legal fees

15

50

Clinical expense

2,213

487

License fees

563

1,105

Lease payable

34

141

Other liabilities

145

Total accrued liabilities

$

15,825

$

2,206

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