| Schedule of warrant activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted |
|
|
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
Weighted |
|
remaining |
|
Aggregate |
|
|
Number of |
|
average |
|
contractual |
|
intrinsic |
(in thousands, except for share data and years) |
|
shares |
|
exercise price |
|
life in years |
|
value |
Warrants outstanding at May 31, 2025 |
|
213,128 |
|
$ |
0.27 |
|
3.71 |
|
$ |
27,923 |
Granted |
|
87,786 |
|
$ |
0.25 |
|
|
|
|
|
Exercised |
|
(597) |
|
$ |
0.09 |
|
|
|
|
129 |
Forfeited, expired, and cancelled |
|
(105) |
|
$ |
3.07 |
|
|
|
|
|
Warrants outstanding at February 28, 2026 |
|
300,212 |
|
$ |
0.26 |
|
3.75 |
|
$ |
13,391 |
Warrants outstanding and exercisable at February 28, 2026 |
|
300,212 |
|
$ |
0.26 |
|
3.75 |
|
$ |
13,391 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted |
|
|
|
|
|
|
|
|
|
|
average |
|
|
|
|
|
|
|
Weighted |
|
remaining |
|
Aggregate |
|
|
Number of |
|
average |
|
contractual |
|
intrinsic |
(in thousands, except for exercise price and years) |
|
shares |
|
exercise price |
|
life in years |
|
value |
Warrants outstanding at May 31, 2023 |
|
259,910 |
|
$ |
0.37 |
|
4.57 |
|
$ |
7,276 |
Granted |
|
115,582 |
|
$ |
0.28 |
|
|
|
|
|
Exercised |
|
(3,000) |
|
$ |
0.10 |
|
|
|
$ |
480 |
Forfeited, expired, and cancelled |
|
(11,047) |
|
$ |
0.63 |
|
|
|
|
|
Warrants outstanding at May 31, 2024 |
|
361,445 |
|
$ |
0.34 |
|
4.21 |
|
$ |
2,697 |
Granted |
|
— |
|
$ |
— |
|
|
|
|
|
Exercised |
|
(140,106) |
|
$ |
0.09 |
|
|
|
$ |
7,615 |
Forfeited, expired, and cancelled |
|
(8,211) |
|
$ |
0.56 |
|
|
|
|
|
Warrants outstanding at May 31, 2025 |
|
213,128 |
|
$ |
0.27 |
|
3.71 |
|
$ |
27,923 |
Warrants outstanding and exercisable at May 31, 2025 |
|
213,128 |
|
$ |
0.27 |
|
3.71 |
|
$ |
27,923 |
|