v3.26.3
Condensed Consolidated Statements of Changes in Temporary Equity and Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Conversion of Preferred Stock
Stockholders’ Equity
Stockholders’ Equity
Conversion of Preferred Stock
Common Stock
Common Stock
Conversion of Preferred Stock
Treasury Stock
Additional Paid in Capital
Additional Paid in Capital
Conversion of Preferred Stock
Accumulated Deficit
Noncontrolling Interest
Preferred Stock
Temporary equity outstanding (in shares) at May. 31, 2025 [1]                       442,158
Temporary equity, beginning balance at May. 31, 2025 [1]                       $ 136,037
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Issuance of Preferred Stock, net of costs (in shares) [1]                       180,000
Issuance of Preferred Stock, net of costs [1]                       $ 170,396
Conversion of Preferred Stock (in shares) [1]                       (258,000)
Conversion of Preferred Stock [1]                       $ (242,480)
Redemption of Preferred Stock (in shares) [1]                       (225)
Redemption of Preferred Stock [1]                       $ (225)
Temporary equity outstanding (in shares) at Aug. 31, 2025 [1]                       363,933
Temporary equity, ending balance at Aug. 31, 2025 [1]                       $ 63,728
Beginning balance, common stock (in shares) at May. 31, 2025         234,200,868              
Beginning balance at May. 31, 2025 $ 497,688       $ 230   $ (31,400) $ 1,009,913   $ (481,055)    
Beginning balance, treasury stock (in shares) at May. 31, 2025             (9,291,199)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of common stock from stock compensation plans (in shares)         897,022              
Issuance of common stock from stock compensation plans 0       $ 1     (1)        
Tax payments for restricted stock upon vesting (4,497)             (4,497)        
Shares issued in offering, net of costs (in shares)         15,320,373              
Shares issued in offering, net of costs 190,421       $ 15     190,406        
Conversion of warrants (in shares)         188              
Conversion of warrants 1             1        
Issuance of warrants, at fair value, net of costs 121,204             121,204        
Conversion of Preferred Stock (in shares)           28,165,650            
Conversion of Preferred Stock   $ 242,480       $ 28     $ 242,452      
Preferred Stock dividends (1,576)             (1,576)        
Stock-based compensation 15,465             15,465        
Net loss (16,926)                 (16,926)    
Ending balance, common stock (in shares) at Aug. 31, 2025         278,584,101              
Ending balance at Aug. 31, 2025 1,044,260       $ 274   $ (31,400) 1,573,367   (497,981)    
Ending balance, treasury stock (in shares) at Aug. 31, 2025             (9,291,199)          
Temporary equity outstanding (in shares) at May. 31, 2026 [2]                       338,582
Temporary equity, beginning balance at May. 31, 2026 [2]                       $ 62,766
Redeemable noncontrolling interest, beginning balance at May. 31, 2026 1,956,303                      
Increase (Decrease) in Temporary Equity [Roll Forward]                        
Issuance of Preferred Stock, net of costs (in shares) [2]                       283,250
Issuance of Preferred Stock, net of costs [2]                       $ 274,850
Conversion of Preferred Stock (in shares) [2]                       (154,500)
Conversion of Preferred Stock [2]                       $ (149,921)
Redemption of Preferred Stock (in shares) [2]                       (276,751)
Redemption of Preferred Stock [2]                       $ (6,393)
Contributions from noncontrolling interest, net of costs 1,349                      
Noncontrolling interest preferred stock dividends 60,051                      
Net loss (6,830)                      
Temporary equity outstanding (in shares) at Aug. 31, 2026 [2]                       190,581
Temporary equity, ending balance at Aug. 31, 2026 [2]                       $ 181,302
Redeemable noncontrolling interest, ending balance at Aug. 31, 2026 $ 2,010,873                      
Beginning balance, common stock (in shares) at May. 31, 2026 295,048,903       295,048,903              
Beginning balance at May. 31, 2026 $ 1,724,508   $ 1,717,476   $ 296   $ (52,737) 2,432,250   (662,333) $ 7,032  
Beginning balance, treasury stock (in shares) at May. 31, 2026 (7,165,300)           (7,165,300)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of common stock from stock compensation plans (in shares)         4,730,140              
Issuance of common stock from stock compensation plans $ 0       $ 5     (5)        
Tax payments for restricted stock upon vesting (99,413)   (99,413)         (99,413)        
Conversion of Preferred Stock (in shares)           4,453,252            
Conversion of Preferred Stock   $ 149,921   $ 149,921   $ 4     $ 149,917      
Redemption of Preferred Stock (603)   (603)         (603)        
Preferred Stock dividends (1,543)   (1,543)         (1,543)        
Noncontrolling interest preferred stock dividends (60,051)   (60,051)         (60,051)        
Stock-based compensation 69,164   69,164         69,164        
Issuance of equity by subsidiary, net of costs 3,398   3,009         3,009     389  
Net loss $ (177,225)   (175,488)             (175,488) (1,737)  
Ending balance, common stock (in shares) at Aug. 31, 2026 304,232,295       304,232,295              
Ending balance at Aug. 31, 2026 $ 1,608,156   $ 1,602,472   $ 305   $ (52,737) $ 2,492,725   $ (837,821) $ 5,684  
Ending balance, treasury stock (in shares) at Aug. 31, 2026 (7,165,300)           (7,165,300)          
[1] See Note 16 - Temporary Equity for further discussion of preferred stock activity.
[2] See Note 16 - Temporary Equity for further discussion of preferred stock activity.