Condensed Interim Consolidated Balance Sheets (Unaudited) - CAD ($) $ in Thousands	Aug. 31, 2025	May 31, 2025
Current assets:
Cash and cash equivalents	$ 16,267	$ 7,547
Prepaid expenses	372	530
Accounts receivable	81	96
Total current assets	16,720	8,173
Operating lease assets	25	30
Property and equipment, net	298	209
Total Assets	17,043	8,412
Current liabilities:
Accounts payable	382	679
Accrued liabilities	1,692	625
Operating lease liabilities	23	22
Total current liabilities	2,097	1,326
Warrant liabilities	4,131	4,488
Operating lease liabilities	2	8
Total Liabilities	6,230	5,822
Shareholders’ Equity (Deficit):
Preferred shares, no par value; unlimited shares authorized; 4,500 issued and outstanding (4,500 as of May 31, 2025)	6,277	6,277
Additional paid-in capital	(71,665)	(78,766)
Accumulated deficit	(20,386)	(9,483)
Total Shareholders’ Equity (Deficit)	10,813	2,590
Total Liabilities and Shareholders’ Equity (Deficit)	17,043	8,412
Class A Ordinary Shares
Shareholders’ Equity (Deficit):
Class A ordinary shares, no par value; unlimited shares authorized; 39,558,366 issued and outstanding (32,325,709 as of May 31, 2025)	$ 96,587	$ 84,562