v3.26.3
Condensed Interim Consolidated Balance Sheets (Unaudited) - CAD ($)
$ in Thousands
Aug. 31, 2026
May 31, 2026
Current assets:    
Cash and cash equivalents $ 70,061 $ 78,279
Prepaid expenses 2,571 3,769
Accounts receivable 1,207 798
Total current assets 73,839 82,846
Operating lease assets 54 72
Property and equipment, net 1,421 878
Total Assets 75,314 83,796
Current liabilities:    
Accounts payable 1,617 2,771
Accrued liabilities 783 818
Operating lease liabilities 46 51
Total current liabilities 2,446 3,640
Warrant liabilities 5,204 9,025
Operating lease liabilities 7 21
Total Liabilities 7,657 12,686
Shareholders’ Equity:    
Preferred shares, no par value; unlimited shares authorized; 4,500 issued and outstanding (4,500 as of May 31, 2026) 6,277 6,277
Additional paid-in capital (67,745) (59,293)
Accumulated deficit (46,650) (42,579)
Total Shareholders’ Equity 67,657 71,110
Total Liabilities and Shareholders’ Equity 75,314 83,796
Class A Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value 175,754 166,670
Class A Ordinary Shares to be Issued    
Shareholders’ Equity:    
Ordinary shares, value $ 21 $ 35