Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Revenue    
Revenue $ 41,482 $ 16,718
Costs and expenses:    
Cost of revenues 45,628 23,876
Selling, general and administrative 20,741 383
Loss on sale of assets 0 492
Total costs and expenses 66,369 24,751
Operating loss (24,887) (8,033)
Interest expense, net 1,565 3,210
Gain on change in fair value of warrants (22) 0
Net loss from continuing operations (26,430) (11,243)
Net loss from discontinued operations (16,054) 0
Net loss $ (42,484) $ (11,243)
Basic and diluted net loss per share attributable to common shareholders    
Continuing operations, basic (in dollars per share) $ (0.18) $ (0.08)
Continuing operations, diluted (in dollars per share) (0.18) (0.08)
Discontinued operations, basic (in dollars per share) (0.11) 0
Discontinued operations, diluted (in dollars per share) (0.11) 0
Basic net loss per share (in dollars per share) (0.29) (0.08)
Diluted net loss per share (in dollars per share) $ (0.29) $ (0.08)
Basic weighted average number of shares outstanding (in shares) 145,407,573 138,216,820
Diluted weighted average number of shares outstanding (in shares) 145,407,573 138,216,820