v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
May 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Instruments on Recurring Basis
The Company's fair value hierarchies for its financial assets and liabilities which require fair value measurement on a recurring basis are as follows:
TotalLevel 1Level 2Level 3
May 31, 2026
Liabilities
Warrant liabilities5,454$— $— $5,454 
May 31, 2025
Liabilities
Warrant liabilities$— $— $— 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a summary of the changes in the fair value of Company’s Level 3 financial liabilities during the year ended May 31, 2026, which were measured at fair value on a recurring basis:
Warrant liability
Fair value of warrants in connection with equity financing (as of May 5, 2026)$3,242 
Loss on revaluation of warrants$2,212 
Balance as of May 31, 2026$5,454