Consolidated Statements of Operations - USD ($) $ in Thousands |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
May 31, 2025 |
May 31, 2024 |
May 31, 2023 |
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| Revenue: | |||||||||
| Total revenue | $ 144,193 | $ 136,618 | $ 55,392 | ||||||
| Costs and expenses: | |||||||||
| Cost of revenues | 101,451 | 106,653 | 44,388 | ||||||
| Selling, general and administrative | [1] | 83,065 | 45,020 | 53,915 | |||||
| (Gain) loss on classification as held for sale | [2] | (24,616) | 15,417 | 0 | |||||
| Loss on abandonment of assets | 1,138 | 0 | 0 | ||||||
| Loss from legal settlement | 0 | 2,380 | 0 | ||||||
| Total costs and expenses | 161,038 | 169,470 | 98,303 | ||||||
| Operating loss | (16,845) | (32,852) | (42,911) | ||||||
| Interest expense, net | [3] | 14,739 | 17,708 | 2,006 | |||||
| Loss on conversion of debt | 33,612 | 0 | 0 | ||||||
| Loss on change in fair value of debt | 85,439 | 7,401 | 0 | ||||||
| Loss on change in fair value of related party debt | 0 | 8,116 | 0 | ||||||
| Loss on change in fair value of warrants | 6,421 | 0 | 0 | ||||||
| Net loss from continuing operations before income tax expenses | (158,233) | (74,280) | (45,011) | ||||||
| Income tax expense (benefit) | 102 | 96 | (523) | ||||||
| Net loss from continuing operations | (158,335) | (74,376) | (44,488) | ||||||
| Net loss from discontinued operations | (72,730) | (75,295) | (1,118) | ||||||
| Net loss | (231,065) | (149,671) | (45,606) | ||||||
| Net loss attributable to noncontrolling interest | 0 | (397) | (960) | ||||||
| Preferred dividends | (2,615) | 0 | 0 | ||||||
| Net loss attributable to common stockholders | (233,680) | (149,274) | (44,646) | ||||||
| Net loss attributable to common stockholders | |||||||||
| Continuing operations | (160,950) | (73,979) | (43,528) | ||||||
| Discontinued operations | (72,730) | (75,295) | (1,118) | ||||||
| Net loss attributable to common stockholders | $ (233,680) | $ (149,274) | $ (44,646) | ||||||
| Basic and diluted net loss per share attributable to common stockholders | |||||||||
| Continuing operations, basic (in dollars per share) | $ (0.80) | $ (0.65) | $ (0.46) | ||||||
| Continuing operations, diluted (in dollars per share) | (0.80) | (0.65) | (0.46) | ||||||
| Discontinued operations, basic (in dollars per share) | (0.36) | (0.66) | (0.01) | ||||||
| Discontinued operations, diluted (in dollars per share) | (0.36) | (0.66) | (0.01) | ||||||
| Basic net loss per share (in dollars per share) | (1.16) | (1.31) | (0.47) | ||||||
| Diluted net loss per share (in dollars per share) | $ (1.16) | $ (1.31) | $ (0.47) | ||||||
| Basic weighted average number of shares outstanding (in shares) | 201,194,451 | 114,061,414 | 93,976,233 | ||||||
| Diluted weighted average number of shares outstanding (in shares) | 201,194,451 | 114,061,414 | 93,976,233 | ||||||
| Nonrelated Party | |||||||||
| Revenue: | |||||||||
| Total revenue | $ 142,267 | $ 121,857 | $ 40,984 | ||||||
| Costs and expenses: | |||||||||
| Loss on extinguishment of debt | 1,177 | 0 | 94 | ||||||
| Loss on change in fair value of warrants | 6,421 | 0 | 0 | ||||||
| Related Party | |||||||||
| Revenue: | |||||||||
| Total revenue | 1,926 | 14,761 | 14,408 | ||||||
| Costs and expenses: | |||||||||
| Selling, general and administrative | 300 | 600 | 100 | ||||||
| Interest expense, net | 5,700 | 100 | |||||||
| Loss on extinguishment of debt | 0 | 2,507 | 0 | ||||||
| Loss on change in fair value of warrants | $ 0 | $ 5,696 | $ 0 | ||||||
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| X | ||||||||||
- Definition Debt, Fair Value Adjustment No definition available.
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- Definition Earnings Per Share Basic And Diluted Abstract No definition available.
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- Definition Gain (Loss) On Conversion Of Debt No definition available.
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- Definition Related Party Debt, Fair Value Adjustment No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) recognized in settlement of litigation and insurance claims. Excludes claims within an insurance entity's normal claims settlement process. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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