| Schedule of Cost Allocations From Parent |
Schedule of Cost Allocations From Parent
| |
|
February 28, 2026 |
|
|
February 28, 2025 |
|
|
February 28, 2026 |
|
|
February 28, 2025 |
|
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| |
|
February 28, 2026 |
|
|
February 28, 2025 |
|
|
February 28, 2026 |
|
|
February 28, 2025 |
|
| Cost of revenues |
|
$ |
246 |
|
|
$ |
706 |
|
|
$ |
854 |
|
|
$ |
2,181 |
|
| Selling, general and administrative |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(1,894 |
) |
| Total costs and expenses |
|
$ |
246 |
|
|
$ |
706 |
|
|
$ |
854 |
|
|
$ |
287 |
|
|
Schedule
of Cost Allocations From Parent
| |
|
May
31, 2025 |
|
|
May
31, 2024 |
|
| |
|
Fiscal
Year Ended |
|
| |
|
May
31, 2025 |
|
|
May
31, 2024 |
|
| Cost of revenues |
|
$ |
2,772 |
|
|
$ |
1,891 |
|
| Selling, general and administrative |
|
|
(1,894 |
) |
|
|
9,734 |
|
| Total costs and expenses |
|
$ |
878 |
|
|
$ |
11,625 |
|
|
| Schedule of Components of Parent Company Net Investment Activity |
| |
|
February 28, 2026 |
|
|
February 28, 2025 |
|
| |
|
Nine Months Ended |
|
| |
|
February 28, 2026 |
|
|
February 28, 2025 |
|
| Cash pooling and general financing activities |
|
$ |
(22,279 |
) |
|
$ |
(9,660 |
) |
| Corporate overhead and other allocations |
|
|
6,068 |
|
|
|
94,000 |
|
| Net transfers from the Parent as reflected in the Condensed Combined Statements of Cash Flows (unaudited) |
|
|
(16,211 |
) |
|
|
84,340 |
|
| Stock-based compensation expense |
|
|
243 |
|
|
|
(1,529 |
) |
| Net assets contributed by (distributed to) Parent |
|
|
74,991 |
|
|
|
8,376 |
|
| Net transfers from the Parent as reflected in the Condensed Combined Statements of Changes in Parent Company Net Investment (unaudited) |
|
$ |
59,023 |
|
|
$ |
91,187 |
|
|
Schedule
of Components of Parent Company Net Investment Activity
| |
|
May
31, 2025 |
|
|
May
31, 2024 |
|
| |
|
Fiscal
Year Ended |
|
| |
|
May
31, 2025 |
|
|
May
31, 2024 |
|
| Cash pooling and general financing
activities |
|
$ |
27,422 |
|
|
$ |
(16,974 |
) |
| Corporate overhead and
other allocations |
|
|
86,317 |
|
|
|
69,639 |
|
| Net
transfers from the Parent as reflected in the Combined Statements of Cash Flows |
|
|
113,739 |
|
|
|
52,665 |
|
| Stock-based compensation expense |
|
|
(1,463 |
) |
|
|
10,135 |
|
| Net assets (distributed
to) contributed by Parent |
|
|
(1,186 |
) |
|
|
50,064 |
|
| Net
transfers from the Parent as reflected in the Combined Statements of Changes in Parent Company Net Investment |
|
$ |
111,090 |
|
|
$ |
112,864 |
|
|