Balance Sheet Components

12 Months Ended

May 31, 2025

Balance Sheet Components [Abstract]

Balance Sheet Components

NOTE 4. Balance Sheet Components

Property and Equipment, net

Property and equipment consist of the following (in 000’s CAD):

		Year-Ended
		May 31, 2025				May 31, 2024
Computer Equipment		$	103			$	66
Leasehold Improvements			123				17
Tools and Equipment			—				48
Website Development			152				152
Vehicles			16				16
			394				299
Accumulated Depreciation			(185	)			(94	)
Total Property and Equipment, net		$	209			$	205

Depreciation expenses of $138 for the year ended May 31, 2025 (May 31, 2024 - $56), has been recorded in the consolidated statements of operations, of which $70 (May 31, 2024 - $29) was recorded in Research and Development expenses with the remainder in General and Administrative expenses.

Prepaid Expenses

Prepaid Expenses consisted of the following (in 000’s CAD):

		May 31, 2025				May 31, 2024
Prepaid insurance		$	436			$	482
Prepaid rent			1				1
Prepaid software			4				10
Prepaid capital market services			89				1,938
Total Prepaid expenses		$	530			$	2,431

Accrued Expenses

Accrued Expenses consisted of the following (in 000’s CAD):

		May 31, 2025				May 31, 2024
Accrued professional fees		$	439			$	406
Accrued employee costs			171				84
Other accrued expenses			15				84
Total Accrued expenses		$	625			$	574