v3.26.1
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
May 31, 2026
May 31, 2025
Deferred tax assets:    
Net operating losses $ 60,081 $ 43,712
Stock-based compensation 553 0
Capitalized research and development 1,297 0
R&D credits 2,117 0
Interest expense 116 6,800
Lease liability 13,756 18,903
Other deferred tax assets 622 (305)
Deferred tax assets, gross 78,542 69,110
Less: Valuation allowance (54,521) (41,228)
Total deferred tax assets, net 24,021 27,882
Deferred tax liabilities:    
Property and equipment (5,766) (4,702)
Intangible assets (1,327) 0
Right of use assets (16,928) (23,180)
Total deferred tax liabilities, net (24,021) (27,882)
Net deferred tax assets (liabilities) $ 0 $ 0