XML 36 R25.htm IDEA: XBRL DOCUMENT v3.25.4
Stock-Based Compensation (Tables)
6 Months Ended
Nov. 30, 2025
Stock-Based Compensation [Abstract]  
Schedule of Fair Value of the Stock Options The Company estimated the fair value of the stock options on the date of grant using the Black-Scholes option-pricing model with the following assumptions:
   November 30,
2025
   November 30,
2024
 
Stock price  $USD2.01   $USD0.27 
Risk-free interest rate   4.2%   3.8%
Term (years)   5    5 
Volatility   76%   76%
Forfeiture rate   0%   0%
Dividend yield   0%   0%

The following assumptions were used to estimate the fair value of the PSUs:

 

   August 27,
2025
 
Stock price  $USD1.83 
Risk-free interest rate   3.3%
Term (years)   3.3 
Volatility   76%
Dividend yield   0%
Schedule of Stock Option Activity

A summary of stock option activity for the Company is as follows:

 

   Number of Shares   Weighted Average Exercise
Price (USD)
   Weighted Average
Remaining Contractual Life
(years)
   Aggregate Intrinsic
Value
 
Outstanding stock options May 31, 2025   2,205,230   $0.58    8.4   $1,340 
Stock options issued   278,000   $2.01    9.5    
-
 
Stock options exercised   (36,721)   
-
    4.5   $85 
Stock options forfeited   (45,000)  $2.01    9.6   $
-
 
Outstanding stock options November 30, 2025   2,401,509   $0.72    8.4   $3,248 
Exercisable as of November 30, 2025   641,842   $0.54    5.3   $994