v3.25.2
Business Segments - Schedule of Segment Profit and a Reconciliation to Net Income (Loss) Before Income Tax Expenses (Details) - USD ($)
$ in Thousands
12 Months Ended
May 31, 2025
May 31, 2024
May 31, 2023
Segment Reporting Information [Line Items]      
Operating Income (Loss) $ (16,845) $ (32,852) $ (42,911)
Interest expense, net [1] 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)
Nonrelated Party      
Segment Reporting Information [Line Items]      
Loss on extinguishment of debt 1,177 0 94
Loss on change in fair value of warrants 6,421 0 0
Related Party      
Segment Reporting Information [Line Items]      
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
Data Center Hosting Business      
Segment Reporting Information [Line Items]      
Operating Income (Loss) 63,927 4,812 (18,182)
HPC Hosting Business      
Segment Reporting Information [Line Items]      
Operating Income (Loss) (12,086) (4,811) (246)
Operating Segments      
Segment Reporting Information [Line Items]      
Operating Income (Loss) 51,841 1 (18,428)
Operating Segments | Data Center Hosting Business      
Segment Reporting Information [Line Items]      
Operating Income (Loss) 63,927 4,812 (18,182)
Operating Segments | HPC Hosting Business      
Segment Reporting Information [Line Items]      
Operating Income (Loss) (12,086) (4,811) (246)
Segment Reporting, Reconciling Item, Corporate Nonsegment      
Segment Reporting Information [Line Items]      
Other $ (68,686) $ (32,853) $ (24,483)
[1] For the fiscal years ended May 31, 2024 and May 31, 2023, amount includes related party interest expense of $5.7 million and $0.1 million, respectively.