v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity (Deficit) - CAD ($)
$ in Thousands
Ordinary Shares
Class A
Ordinary Shares
Class A Ordinary Shares to be Issued
Preferred Shares
Additional Paid-in Capital
Deficit
Total
Balance at May. 31, 2024 $ 74,406 $ (77,656) $ (14,683) $ (17,933)
Balance (in Shares) at May. 31, 2024 18,607,931      
Stock-based Compensation 815 815
Net Income (Loss) 5,200 5,200
Incentive Shares Issued $ 677 677
Incentive Shares Issued (in Shares) 220,549      
General Warrants Issuance   (5,157) (5,157)
Pre-Funded Warrants Exercised $ 1,925 1,925
Pre-Funded Warrants Exercised (in Shares) 3,000,000      
General Warrants Exercised $ 2,787 3,232 6,019
General Warrants Exercised (in Shares) 2,590,000      
Class A Shares Ordinary Issued under Sales Agreement $ 880 880
Class A Ordinary Shares Issued under Sales Agreement (in Shares) 940,562      
Other Class A Ordinary Shares Issued $ 3,887 3,887
Other Class A Ordinary Shares Issued (in Shares) 6,966,667      
Preferred Shares Issued $ 6,277 6,277
Preferred Shares Issued (in Shares) 4,500      
Balance at May. 31, 2025 $ 84,562 $ 6,277 (78,766) (9,483) 2,590
Balance (in Shares) at May. 31, 2025 32,325,709 4,500      
Stock-based Compensation 710 710
Net Income (Loss) (33,096) (33,096)
Incentive Shares Issued $ 2,658 $ 32 3,790 6,480
Incentive Shares Issued (in Shares) 2,522,226 19,401        
Stock options exercised $ 28 28
Stock options exercised (in Shares) 36,721      
Pre-Funded Warrants Exercised $ 7,532 $ 3 (7,532) 3
Pre-Funded Warrants Exercised (in Shares) 2,413,617      
General Warrants Exercised $ 3,280 6,263 9,543
General Warrants Exercised (in Shares) 3,200,000      
RDO I $ 24,342 25,036
RDO I (in Shares) 9,254,889      
RDO II $ 16,416 15,548 31,964
RDO II (in Shares) 5,385,646      
Class A Shares Ordinary Issued under Sales Agreement $ 27,852 27,852
Class A Ordinary Shares Issued under Sales Agreement (in Shares) 9,037,738      
Balance at May. 31, 2026 $ 166,670 $ 35 $ 6,277 $ (59,293) $ (42,579) $ 71,110
Balance (in Shares) at May. 31, 2026 61,762,929 2,433,018 4,500