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Condensed Interim Consolidated Balance Sheets (Unaudited) - CAD ($)
$ in Thousands
Nov. 30, 2024
May 31, 2024
Current assets:    
Cash and cash equivalents $ 887 $ 1,816
Prepaid expenses 851 2,431
Accounts receivable 23 417
Total current assets 1,761 4,664
Operating lease assets 50 75
Property and equipment, net 151 205
Total Assets 1,962 4,944
Current liabilities:    
Accounts payable 374 715
Accrued liabilities 236 574
Operating lease liabilities 29 44
Total current liabilities 639 1,333
Forward Purchase Agreement 20,938
Warrant liabilities 3,657 576
Operating lease liabilities 19 30
Total Liabilities 4,315 22,877
Shareholders’ Equity (Deficit):    
Class A ordinary shares, no par value; 100,000,000 shares authorized; 24,574,247 issued and outstanding (18,607,931 as of May 31, 2024) 78,307 74,406
Additional paid-in capital (82,730) (77,656)
Retained Earnings (Deficit) 2,070 (14,683)
Total Shareholders’ Equity (Deficit) (2,353) (17,933)
Total Liabilities and Shareholders’ Equity (Deficit) $ 1,962 $ 4,944