Warrants - Schedule Warrants or Rights (Details) - Warrant |
12 Months Ended |
---|---|
May 31, 2025
$ / shares
shares
| |
Warrants | |
Outstanding beginning balance (in shares) | shares | 3,000,000 |
Granted (in shares) | shares | 24,363,084 |
Forfeited (in shares) | shares | 0 |
Exercised (in shares) | shares | (9,265,366) |
Outstanding ending balance (in shares) | shares | 18,097,718 |
Weighted-Average Exercise Price | |
Outstanding beginning balance (in dollars per share) | $ / shares | $ 8.75 |
Granted (in dollars per share) | $ / shares | 6.41 |
Forfeited (in dollars per share) | $ / shares | 0 |
Excercised (in dollars per share) | $ / shares | 4.80 |
Outstanding ending balance (in dollars per share) | $ / shares | $ 7.63 |
Weighted-Average Remaining Contractual Life (Years) | |
Outstanding beginning balance | 4 years 10 months 24 days |
Granted | 7 years 4 months 24 days |
Outstanding ending balance | 8 years 6 months 7 days |