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Stock Options and Warrants (Tables)
6 Months Ended
Nov. 30, 2020
Stock Option and Warrant Activity
The following table represents stock option and warrant activity as of and for the six months ended November 30, 2020 (in thousands, except per share data):
 
   
Number of
Shares
   
Weighted
Average
Exercise Price
   
Weighted
Average
Remaining
Contractual
Life in Years
    
Aggregate Intrinsic
Value
 
Options and warrants outstanding - May 31, 2020
     131,361      $ 0.65        5.79      $ 302,961  
Granted
     5,486      $ 3.61        —          —    
Exercised
     (59,238    $ 0.57        —          —    
Forfeited/expired/cancelled
     (533    $ 0.98        —          —    
    
 
 
                            
Options and warrants outstanding - November 30, 2020
     77,076      $ 0.88        4.38      $ 143,788  
    
 
 
                            
Outstanding exercisable - November 30, 2020
     70,747      $ 0.71        3.97      $ 140,630