v3.26.1
Discontinued Operations (Tables)
 12 Months Ended
May 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Assets and Liabilities Held for Sale Assets and liabilities held for sale were recorded at their estimated fair values less costs to sell, as presented in the following table:
Acquisition Date
ASSETS
Current assets:
Accounts receivable, net$4,125 
Inventories4,562 
Prepaid expenses and other current assets1,150 
Property and equipment, net1,086 
Intangible assets, net10,950 
Operating lease right-of-use assets, net315 
Other assets369 
Estimated costs to sell(2,365)
Total current assets held for sale$20,192 
LIABILITIES
Current liabilities:
Accounts payable $281 
Accrued liabilities1,658 
Operating lease liabilities, current321 
Deferred revenues, current1,401 
Deferred revenues, non-current1,288 
Operating lease liabilities, non-current114 
Other non-current liabilities62 
Total current liabilities held for sale $5,125 
The following table presents the major components of the financial results of the Legacy Ekso Business for the periods presented.
Fiscal Year Ended
May 31, 2026
Revenue$385 
Costs and expenses:
Cost of revenues302 
Selling, general and administrative1,103 
Total costs and expenses1,405 
Operating loss from discontinued operations
(1,020)
Other expense, net— 
Net loss from discontinued operations before income tax expense(1,020)
Income tax expense— 
Net loss from discontinued operations$(1,020)
The following table represents the aggregated carrying amounts of classes of assets and liabilities that are classified as held for sale on the consolidated balance sheets for the periods presented:
(in thousands)May 31, 2026
ASSETS
Current assets:
Cash$2 
Accounts receivable 3,914 
Prepaid expenses and other current assets5,604 
Property and equipment, net1,084 
Intangible assets, net10,950 
Operating lease right of use asset, net284 
Other assets368 
Estimated costs to sell(2,365)
Total current assets held for sale$19,841 
LIABILITIES
Current liabilities:
Accounts payable 263 
Accrued liabilities1,807 
Current portion of operating lease liability290 
Deferred revenue2,563 
Long-term portion of operating lease liability105 
Total current liabilities held for sale
$5,028 

The following table summarizes the net cash flows from discontinued operations of the Legacy Ekso Business for the years ended May 31, 2026, and May 31, 2025:
Fiscal Year Ended
May 31, 2026
Net cash used in operating activities - discontinued operations$(1,705)
Net cash used in investing activities - discontinued operations$—