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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
Revenues:        
Total revenue, net $ 1,026 $ 0 $ 1,026 $ 0
Cost of revenues 2,073 0 2,073 0
Gross Profit (1,047) 0 (1,047) 0
Costs and expenses:        
Selling, General and Administrative 1,356 0 3,234 0
Stock-based compensation for service agreement 0 0 12,337 0
Depreciation 14 0 14 0
Total costs and expenses 1,370 0 15,585 0
Operating loss (2,417) 0 (16,632) 0
Other income (expense):        
Interest Expense 0 (77) 0 (223)
Gain on Extinguishment of Accounts Payable 80 0 405 0
Loss on Extinguishment of Debt 0 0 (1,342) 0
Income Tax Expenses (60) 0 (274) 0
Total Other Income (Expense) 20 (77) (1,211) (223)
Net Loss from continuing Operations (2,397) (77) (17,843) (223)
Net Loss from discontinued Operations (4,048) 0 (2,870) 0
Total Net Loss $ (6,445) $ (77) $ (20,713) $ (223)
Basic and diluted net loss per share:        
Continuing Operations - basic ( in dollars per share) $ (0.04) $ (0.05) $ (0.35) $ (0.15)
Continuing Operations - diluted ( in dollars per share) (0.04) (0.05) (0.35) (0.15)
Discontinued Operations - basic ( in dollars per share) (0.08) 0 (0.06) 0
Discontinued Operations - diluted ( in dollars per share) (0.08) 0 (0.06) 0
Basic net loss per share (in dollars per share) (0.12) (0.05) (0.41) (0.15)
Diluted net loss per share (in dollars per share) $ (0.12) $ (0.05) $ (0.41) $ (0.15)
Basic weighted average number of shares outstanding (in shares) 53,396,920 1,511,061 50,546,048 1,511,061
Diluted weighted average number of shares outstanding (in shares) 53,396,920 1,511,061 50,546,048 1,511,061
Hosting revenue        
Revenues:        
Total revenue, net $ 1,026 $ 0 $ 1,026 $ 0