v3.26.3
Intangible Assets, Net
 12 Months Ended
May 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net
8.
INTANGIBLE ASSETS, NET
Intangible assets, net, consisted of the following:
 
     As of May 31,  
     2025      2026  
     US$      US$  
Intangible assets with indefinite lives:
      
Trademark
      227        242  
Intangible assets with finite lives:
      
Trademark
      16,093        16,972  
Courseware
      1,199        1,275  
Student base
      12,022        12,699  
Favorable lease
      651        693  
License
      415        415  
Copyright
      2,223        2,365  
Distribution channel
      16,530        17,587  
  
 
 
     
 
 
  
     49,360        52,248  
  
 
 
     
 
 
  
Less: accumulated amortization
      (37,393 )       (43,242 ) 
Exchange differences
      1,053        (1,233 ) 
  
 
 
     
 
 
  
     13,020        7,773  
  
 
 
     
 
 
  
Amortization expenses for the intangible assets for the years ended May 31, 2024, 2025 and 2026, were US$6,093, US$5,745 and US$5,849, respectively. As of May 31, 2026 the Group expects to recognize amortization expenses of US$5,986, US$1,492, US$22, US$22, and US$6, for the next five years, respectively, and US$3 thereafter.
For the years ended May 31, 2024, 2025 and 2026, no impairment loss was recorded.