v3.26.1
Consolidated Balance Sheets - CAD ($)
$ in Thousands
May 31, 2026
May 31, 2025
Current assets:    
Cash and cash equivalents $ 78,279 $ 7,547
Prepaid expenses 3,769 530
Accounts receivable 798 96
Total current assets 82,846 8,173
Operating lease assets 72 30
Property and equipment, net 878 209
Total Assets 83,796 8,412
Current liabilities:    
Accounts payable 2,771 679
Accrued liabilities 818 625
Operating lease liabilities 51 22
Total current liabilities 3,640 1,326
Warrant liabilities 9,025 4,488
Operating lease liabilities 21 8
Total Liabilities 12,686 5,822
Shareholders’ Equity:    
Preferred shares, no par value; unlimited authorized; 4,500 issued and outstanding (4,500 as of May 31, 2025) 6,277 6,277
Additional paid-in capital (59,293) (78,766)
Accumulated deficit (42,579) (9,483)
Total Shareholders’ Equity 71,110 2,590
Total Liabilities and Shareholders’ Equity 83,796 8,412
Class A Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value 166,670 84,562
Class A Ordinary Shares to be Issued    
Shareholders’ Equity:    
Ordinary shares, value $ 35