v3.26.3
Subsequent Events
3 Months Ended
Aug. 31, 2026
Subsequent Events  
Subsequent Events

Note 12. Subsequent Events

Note conversion

In September 2026, in satisfaction of the required monthly payment, the Company and the Noteholder of the April 23, 2021 Note entered into an exchange agreement, pursuant to which a portion of the April 23, 2021 Note was partitioned into a new note with an aggregate principal amount of approximately $1.0 million. The new note was exchanged concurrently for approximately 4.9 million shares of common stock.