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Fair Value Measurements (Tables)
12 Months Ended
May 31, 2024
Fair Value Measurements [Abstract]  
Schedule of Fair Value Hierarchy of the Valuation Inputs the Company Utilized to Determine such Fair Value The following table presents information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of May 31, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description  Amount at
Fair Value
   Level 1   Level 2   Level 3 
May 31, 2024                
Liabilities                
Derivative Liability - Forward Purchase Agreement  $20,938   $
   $
   $20,938 
Derivative Liability - Warrants  $576   $549   $
   $27 
Total  $21,514   $549   $
   $20,965 
Schedule of Level 3 Fair Value Measurements Inputs The following table provides quantitative information regarding Level 3 fair value measurements inputs related to the Forward Purchase Agreement at their measurement dates:
   May 31,
2024
 
Redemption Price  $10.61 
Stock Price  $0.80 
Volatility   53%
Term (years)   2.18 
Risk-free rate   4.51%
Schedule of Fair Value of the Assets and Liabilities The change in the fair value of the assets and liabilities, measured with Level 3 inputs, for the year ended May 31, 2024 is summarized as follows:
   May 31,
2024
 
Fair value Derivative Liabilities as of date of Business Combination  $16,641 
Change in fair value of Forward Purchase Agreement   4,342 
Change in fair value of Warrants   (18)
Fair value Derivative Liabilities as of May 31, 2024  $20,965