Condensed Consolidated Statements of Operations (Unaudited) (Parenthetical) - USD ($)

3 Months Ended

Aug. 31, 2026

Aug. 31, 2025

Selling, general and administrative

^[1]

$ 114,683,000

$ 29,482,000

Interest income

^[2]

35,821,000

857,000

Selling, general and administrative

49,700

$ 74,300

Interest income

$ 700,000

[1]	Includes related party selling, general and administrative expense of $49.7 thousand and $74.3 thousand for the three months ended August 31, 2026 and August 31, 2025, respectively. See Note 7 - Related Party Transactions for further discussion of related party transactions.
[2]	Includes related party income of $0.7 million for the three months ended August 31, 2026. See Note 7 - Related Party Transactions for further discussion of related party transactions.

The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

+ References + Details