v3.25.2
Business Segments - Schedule of Segment Profit (Details) - USD ($)
$ in Thousands
 12 Months Ended
May 31, 2025
May 31, 2024
May 31, 2023
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) on classification of held for sale [2] (24,616) 15,417 0
Loss on sale of assets 1,138 0 0
Total costs and expenses 161,038 169,470 98,303
Operating loss (16,845) (32,852) (42,911)
Data Center Hosting Business      
Revenue:      
Total revenue 144,193 136,619 55,392
Costs and expenses:      
Cost of revenues 100,744 106,023 44,374
Selling, general and administrative 3,006 10,367 29,200
(Gain) on classification of held for sale (24,616) 15,417  
Loss on sale of assets 1,132    
Total costs and expenses 80,266 131,807 73,574
Operating loss 63,927 4,812 (18,182)
HPC Hosting Business      
Revenue:      
Total revenue 0 0 0
Costs and expenses:      
Cost of revenues 143 50 0
Selling, general and administrative 11,943 4,761 246
(Gain) on classification of held for sale 0 0  
Loss on sale of assets 0    
Total costs and expenses 12,086 4,811 246
Operating loss (12,086) (4,811) (246)
Nonrelated Party      
Revenue:      
Total revenue 142,267 121,857 40,984
Nonrelated Party | Data Center Hosting Business      
Revenue:      
Total revenue 142,267 121,858 40,984
Nonrelated Party | HPC Hosting Business      
Revenue:      
Total revenue 0 0 0
Related party revenue      
Revenue:      
Total revenue 1,926 14,761 14,408
Costs and expenses:      
Selling, general and administrative 300 600 100
Related party revenue | Data Center Hosting Business      
Revenue:      
Total revenue 1,926 14,761 14,408
Related party revenue | HPC Hosting Business      
Revenue:      
Total revenue $ 0 $ 0 $ 0
[1] Includes related party selling, general and administrative expense of $0.3 million, $0.6 million, and $0.1 million for the fiscal years ended May 31, 2025, May 31, 2024, and May 31, 2023 respectively
[2] Includes $25 million received in connection with the sale of our Garden City facility once conditional approval requirements were met and escrowed funds were released during the fiscal years ended May 31, 2025. The fiscal year ended May 31, 2024 includes $15.4 million loss on classification of held for sale related to the sale of the Garden City facility.