May 31, 2026

May 31, 2025

(in thousands except conversion rate)

Series B

Series C

Series D

Series B

Series C

Series D

Shares of preferred stock outstanding

19

6

9

19

6

9

Common stock conversion rate

10:1

2,000:1

1,250:1

10:1

2,000:1

1,250:1

Total shares of common stock if converted

190

12,390

10,565

190

12,670

10,565

Undeclared dividends

$

29

$

—

$

—

$

24

$

—

$

—

Accrued dividends

$

—

$

4,302

$

5,345

$

—

$

3,769

$

4,500

Total shares of common stock if dividends converted

58

8,604

10,690

48

7,538

9,000