v3.26.1
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, 2026
May 31, 2025
May 31, 2024
Segment Reporting [Line Items]      
Operating loss $ (236,462) $ (72,175) $ (98,338)
Interest expense, net [1] 29,516 32,139 27,517
Gain on change in fair value of derivatives (75,818) 0 0
Gain on change in fair value of investments (10,840) 0 0
Loss on conversion of debt 0 33,612 0
Loss on change in fair value of debt 0 85,439 7,401
Loss on change in fair value of related party debt 0 0 8,116
Loss on change in fair value of warrants 2,212 6,421 0
Net loss from continuing operations before income tax expenses (181,532) (230,963) (149,575)
Nonrelated Party      
Segment Reporting [Line Items]      
Loss on extinguishment of debt 0 1,177 0
Loss on change in fair value of warrants 2,212 6,421 0
Related party revenue      
Segment Reporting [Line Items]      
Interest expense, net     5,700
Loss on extinguishment of debt 0 0 2,507
Loss on change in fair value of warrants 0 0 5,696
Data Center Hosting Business      
Segment Reporting [Line Items]      
Operating loss 48,337 63,927 4,812
HPC Hosting Business      
Segment Reporting [Line Items]      
Operating loss 39,127 (12,086) (4,811)
Operating Segments      
Segment Reporting [Line Items]      
Operating loss 87,464 51,841 1
Operating Segments | Data Center Hosting Business      
Segment Reporting [Line Items]      
Operating loss 48,337 63,927 4,812
Operating Segments | HPC Hosting Business      
Segment Reporting [Line Items]      
Operating loss 39,127 (12,086) (4,811)
Other      
Segment Reporting [Line Items]      
Other $ (323,926) $ (124,016) $ (98,339)
[1] For the fiscal year ended May 31, 2026, amount includes related party income of $0.1 million and for the fiscal year ended May 31, 2024, amount includes related party interest expense of $5.7 million.