The following table illustrates related party revenue for the fiscal years ended May 31, 2025, May 31, 2024, and May 31, 2023 (in thousands):


	May 31, 2025		May 31, 2024		May 31, 2023
Customer B*	$	1,244	$	8,005	$	8,007
Customer C**	$	682	$	6,756	$	6,401

*Customer B is a subsidiary of an entity which, during the first quarter of fiscal year 2025, was deemed to beneficially own over 5% of the Company's outstanding common stock. As of July 25, 2024, the controlling individual of the entity filed a Schedule 13G to report the fact that as of the date thereof, the entity had ceased to be a beneficial owner of more than 5% of such class of securities.

**Customer C is 60% owned by an individual who, during the first quarter of fiscal year 2025, was deemed to beneficially own over 5% of the Company's outstanding common stock. As of July 25, 2024, the individual filed a Schedule 13G to report the fact that as of the date thereof, the individual had ceased to be a beneficial owner of more than 5% of such class of securities.

The following table illustrates related party deferred revenue and deposits balances as of May 31, 2025 and May 31, 2024 (in thousands):


	Customer B balances as of				Customer C balances as of
	May 31, 2025		May 31, 2024		May 31, 2025		May 31, 2024
Deferred revenue	$	—	$	993	$	—	$	699
Customer Deposits	$	—	$	895	$	—	$	654