Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.23.3
Commitments and Contingencies (Tables)
3 Months Ended
Aug. 31, 2023
Commitments and Contingencies.  
Schedule of future commitments As of August 31, 2023, the future commitments pursuant to these agreements were estimated as follows (in thousands):

Fiscal Year

    

Amount

2024 (9 months remaining)

$

156,388

2025

76,400

2026 and thereafter

Total

$

232,788

Schedule of operating lease balances

(in thousands)

August 31, 2023

May 31, 2023

Assets

Right-of-use asset

$

366

$

400

Liabilities

Current operating lease liability

$

140

$

139

Non-current operating lease liability

 

247

 

283

Total operating lease liability

$

387

$

422

Schedule of the minimum (base rental) lease payments

The minimum (base rental) lease payments are expected to be as follows as of August 31, 2023 (in thousands):

Fiscal Year

Amount

2024 (9 months remaining)

$

137

2025

185

2026

169

Thereafter

Total operating lease payments

491

Less: imputed interest

(104)

Present value of operating lease liabilities

$

387

Schedule of supplemental information relating to operating leases

August 31, 2023

Weighted average remaining lease term

2.6

years

Weighted average discount rate

10.0

%