v3.26.3
Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
 3 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Cash flows from operating activities    
Net loss $ (3,955,038) $ (2,596,234)
Adjustments to reconcile net loss to net cash:    
Depreciation and amortization 53,953 43,347
Amortization of right of use asset 24,999 21,842
Amortization of debt discount 472,728 102,182
(Gain) loss on change in fair value of derivative liabilities (207,733) (95,835)
Accrued interest income on loan and note receivables (52,956) 0
Provision for credit losses 489,274 0
Equity-based compensation expense 243,292 187,309
Costs incurred on contract fulfillment assets (40,301) 0
Operating lease payments (26,428) (11,425)
Unrealized loss on equity securities and the related securities receivable, net 422,410 (4,763)
Interest settled by application of prepaid interest 14,902 0
Finance charges on receivables financing obligations 276,770 0
Unrealized foreign exchange loss on loans 43,414 0
Changes in operating assets and liabilities:    
Accounts receivable 50,711 (6,230)
Inventories (71,362) (142,280)
Prepaid expenses 237,076 686,263
Other current assets 2,154 0
Accounts payable 152,272 (129,791)
Deferred revenue 468,086 (916,611)
Accrued interest payable 100,586 0
Other current liabilities 116,214 182,377
Other assets, net (13,487) 0
Cash used in operating activities (1,198,464) (2,679,849)
Cash flows from investing activities    
Acquisition of property and equipment (576) 0
Capitalized app development costs 2,380 0
Acquisition of project pipeline 0 (605,093)
Cash provided by (used in) investing activities 1,804 (605,093)
Cash flows from financing activities    
Proceeds from convertible notes payable 670,500 3,500,000
Payments on convertible notes payable (169,856) 0
Proceeds from term loan 393,077 0
Repayments of term loan (133,071) 0
Proceeds from (repayments of) receivables financing obligations, net (495,199) 161,898
Proceeds from short-term advance (included in other current liabilities) 0 49,645
Proceeds from related party loan 0 80,000
Proceeds from sale of common stock 125,000 0
Cash provided by financing activities 390,451 3,791,543
Effect of translation changes on cash (13,635) 147,715
Change in cash and cash equivalents (819,844) 654,316
Cash, beginning of period 1,155,289 704,346
Cash, end of period 335,445 1,358,662
Non-cash investing and financing activities    
Conversion of notes payable and accrued interest to common stock 806,518 2,284,148
Debt discount recognized at issuance - embedded derivative liabilities 569,014 279,107
Shares issued in connection with note financings 4,703 0
Settlement of securities receivable in equity securities 1,128,863 0
Receivable and deferred rent converted into a convertible note receivable 81,314 0
Correction of a prior-year note conversion (Note 14) 37,125 0
Reclassification of warrants from equity to derivative liabilities (Note 15) 200,225 0
Maintenance fees earned and settled against convertible notes payable and accrued interest 36,859 0
Supplemental disclosures    
Cash paid for interest 244,256 54,117
Cash paid for income taxes $ 0 $ 0