XML 33 R22.htm IDEA: XBRL DOCUMENT v3.24.4
STOCK OPTION PLAN (Tables)
6 Months Ended
Nov. 30, 2024
STOCK OPTION PLAN  
Schedule of stock options activity

Description

 

Number of Shares

 

 

Weighted Average Exercise Price

 

 

Weighted average remaining life (in years)

 

Options Authorized

 

 

5,000,000

 

 

 

 

 

 

 

Options Granted

 

 

3,005,000

 

 

$0.75

 

 

 

4.50

 

Options Exercised

 

 

0

 

 

$0.75

 

 

 

4.50

 

Options Forfeited

 

 

(25,125)

 

$0.75

 

 

 

4.50

 

Options Outstanding

 

 

2,979,875

 

 

$0.75

 

 

 

4.50

 

Options Vested

 

 

999,259

 

 

$0.75

 

 

 

4.50

 

Options Unvested

 

1,980,616

 

 

$0.75

 

 

 

4.50

 

Schedule of the expense allocation based on the vesting

Date

 

Vesting %

 

 

Vested Shares

 

 

Period Compensation Expense

 

1-Sep-24

 

 

26.50%

 

 

776,450

 

 

 

229,611

 

1-Oct-24

 

 

3.50%

 

 

102,550

 

 

 

30,326

 

1-Nov-24

 

 

3.50%

 

 

102,550

 

 

 

30,326

 

Total

 

 

 

 

 

 

981,550

 

 

 

290,263