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Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 29, 2024
May 31, 2023
Current assets:    
Cash and cash equivalents $ 4,415 $ 228
Prepaid expenses 2,019 3
Accounts receivable 127 15
Total current assets 6,561 246
Finance lease assets 21
Operating lease assets 88 121
Property and equipment, net 169 52
Total Assets 6,818 440
Current liabilities:    
Accounts payable 1,446 172
Accrued liabilities 804 48
Finance lease liabilities 3
Operating lease liabilities 53 46
Term loan 40
Promissory note payable 37
Convertible debentures 1,142
Total current liabilities 2,303 1,488
Forward Purchase Agreement 20,622
Promissory note payable 263
Operating lease liabilities 35 74
Total Liabilities 22,960 1,825
Shareholders’ Equity (Deficit):    
Class A ordinary shares, no par value; 100,000,000 shares authorized; 17,995,436 issued and outstanding 72,351 5,083
Additional paid-in capital (75,508) 55
Accumulated deficit (12,985) (6,523)
Total Shareholders’ Equity (Deficit) (16,142) (1,385)
Total Liabilities and Shareholders’ Equity (Deficit) $ 6,818 $ 440