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Balance Sheet Components
9 Months Ended
Feb. 28, 2025
Balance Sheet Components [Abstract]  
Balance Sheet Components

NOTE 4. Balance Sheet Components

 

Property and Equipment, net

 

Property and equipment consist of the following:

 

   February 28, 2025   May 31,
2024
 
Computer Equipment  $89   $66 
Leasehold Improvements   92    17 
Tools and Equipment   48    48 
Website Development   152    152 
Vehicles   16    16 
    397    299 
Accumulated Depreciation   (192)   (94)
Total Property and Equipment, net  $205   $205 

 

Depreciation expenses of $37 and $98 for the three and nine months ended February 28, 2025 (February 29, 2024 - $21 and $41), respectively, has been recorded in General and Administrative expenses in the unaudited condensed interim consolidated statements of operations.

 

Prepaid Expenses

 

Prepaid Expenses consisted of the following:

 

   February 28,
2025
   May 31,
2024
 
Prepaid insurance  $541   $482 
Prepaid rent   1    1 
Prepaid software   6    10 
Prepaid capital market services   193    1,938 
Total Prepaid expenses  $741   $2,431 

 

Accrued Expenses

 

Accrued Expenses consisted of the following:

 

   February 28,
2025
   May 31,
2024
 
Accrued professional fees  $125   $406 
Accrued employee costs   330    84 
Other accrued expenses   110    84 
Total Accrued expenses  $565   $574