v3.26.3
Condensed Interim Consolidated Statements of Changes in Shareholders’ Equity (Deficit) (Unaudited) - CAD ($)
$ in Thousands
Ordinary Shares
Class A
Ordinary Shares
Class A Ordinary Shares to be Issued
Preferred Shares
Additional Paid-in Capital
Deficit
Total
Balance at May. 31, 2025 $ 84,562 $ 6,277 $ (78,766) $ (9,483) $ 2,590
Balance (in Shares) at May. 31, 2025 32,325,709 4,500      
Stock-based Compensation       1,608 1,608
Net Loss (10,903) (10,903)
Incentive Shares Issued $ 802 802
Incentive Shares Issued (in Shares) 887,447      
Warrant Exercises $ 2,970 5,493 8,463
Warrant Exercises (in Shares) 2,900,000      
Other Class A Ordinary Shares Issued $ 8,253 8,253
Other Class A Ordinary Shares Issued (in Shares) 3,445,210      
Balance at Aug. 31, 2025 $ 96,587 $ 6,277 (71,665) (20,386) 10,813
Balance (in Shares) at Aug. 31, 2025 39,558,366 4,500      
Balance at May. 31, 2025 $ 84,562 $ 6,277 (78,766) (9,483) 2,590
Balance (in Shares) at May. 31, 2025 32,325,709 4,500      
Balance at May. 31, 2026 $ 166,670 $ 35 $ 6,277 (59,293) (42,579) 71,110
Balance (in Shares) at May. 31, 2026 61,762,929 2,433,018 4,500      
Stock-based Compensation       264 264
Net Loss (4,071) (4,071)
Incentive Shares Issued $ 1,318 $ (11) (1,574) (267)
Incentive Shares Issued (in Shares) 566,874 (11,197)      
Pre-Funded Warrants Exercised $ 7,148 $ (3) (7,142) 3
Pre-Funded Warrants Exercised (in Shares) 4,574,514 (2,413,617)      
Class A Ordinary Shares Issued under Sales Agreement $ 618   618
Class A Ordinary Shares Issued under Sales Agreement (in Shares) 219,624        
Balance at Aug. 31, 2026 $ 175,754 $ 21 $ 6,277 $ (67,745) $ (46,650) $ 67,657
Balance (in Shares) at Aug. 31, 2026 67,123,941 8,204 4,500