| Schedule of Cost Allocations From Parent |
Schedule of Cost Allocations From Parent
| | |
February 28, 2026 | | |
February 28, 2025 | | |
February 28, 2026 | | |
February 28, 2025 | |
| | |
Three Months Ended | | |
Nine Months Ended | |
| | |
February 28, 2026 | | |
February 28, 2025 | | |
February 28, 2026 | | |
February 28, 2025 | |
| Cost of revenues | |
$ | 246 | | |
$ | 706 | | |
$ | 854 | | |
$ | 2,181 | |
| Selling, general and administrative | |
| — | | |
| — | | |
| — | | |
| (1,894 | ) |
| Total costs and expenses | |
$ | 246 | | |
$ | 706 | | |
$ | 854 | | |
$ | 287 | |
|
Schedule
of Cost Allocations From Parent
| | |
May
31, 2025 | | |
May
31, 2024 | |
| | |
Fiscal
Year Ended | |
| | |
May
31, 2025 | | |
May
31, 2024 | |
| Cost of revenues | |
$ | 2,772 | | |
$ | 1,891 | |
| Selling, general and administrative | |
| (1,894 | ) | |
| 9,734 | |
| Total costs and expenses | |
$ | 878 | | |
$ | 11,625 | |
|
| Schedule of Components of Parent Company Net Investment Activity |
| | |
February 28, 2026 | | |
February 28, 2025 | |
| | |
Nine Months Ended | |
| | |
February 28, 2026 | | |
February 28, 2025 | |
| Cash pooling and general financing activities | |
$ | (22,279 | ) | |
$ | (9,660 | ) |
| Corporate overhead and other allocations | |
| 6,068 | | |
| 94,000 | |
| Net transfers from the Parent as reflected in the Condensed Combined Statements of Cash Flows (unaudited) | |
| (16,211 | ) | |
| 84,340 | |
| Stock-based compensation expense | |
| 243 | | |
| (1,529 | ) |
| Net assets contributed by (distributed to) Parent | |
| 74,991 | | |
| 8,376 | |
| Net transfers from the Parent as reflected in the Condensed Combined Statements of Changes in Parent Company Net Investment (unaudited) | |
$ | 59,023 | | |
$ | 91,187 | |
|
Schedule
of Components of Parent Company Net Investment Activity
| | |
May
31, 2025 | | |
May
31, 2024 | |
| | |
Fiscal
Year Ended | |
| | |
May
31, 2025 | | |
May
31, 2024 | |
| Cash pooling and general financing
activities | |
$ | 27,422 | | |
$ | (16,974 | ) |
| Corporate overhead and
other allocations | |
| 86,317 | | |
| 69,639 | |
| Net
transfers from the Parent as reflected in the Combined Statements of Cash Flows | |
| 113,739 | | |
| 52,665 | |
| Stock-based compensation expense | |
| (1,463 | ) | |
| 10,135 | |
| Net assets (distributed
to) contributed by Parent | |
| (1,186 | ) | |
| 50,064 | |
| Net
transfers from the Parent as reflected in the Combined Statements of Changes in Parent Company Net Investment | |
$ | 111,090 | | |
$ | 112,864 | |
|