Quarterly report [Sections 13 or 15(d)]

Revenue from Contracts with Customers (Tables)

v3.26.3
Revenue from Contracts with Customers (Tables)
3 Months Ended
Aug. 31, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenue Concentration by Major Customer
Below is a summary of the Company’s revenue concentration by major customer for the three months ended August 31, 2026 and 2025:
Three Months Ended
August 31, 2026 August 31, 2025
Customer A 56  % —  %
Customer B 44  % 100  %
100  % 100  %
Schedule of Changes in Deferred Revenue
Changes in the Company's deferred revenue balances for the three months ended August 31, 2026 and 2025, respectively, are shown in the following table (in thousands):
Three Months Ended
August 31, 2026 August 31, 2025
Balance, beginning of period $ —  $ 3,594 
Advance billings 172 
Revenue recognized (8) (2,942)
Balance, end of period $ 164  $ 652