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Balance Sheet Components
9 Months Ended
Feb. 28, 2026
Balance Sheet Components [Abstract]  
Balance Sheet Components

NOTE 4. Balance Sheet Components

 

Property and Equipment, net

 

Property and equipment consist of the following:

 

   Year-Ended 
   February 28,
2026
   May 31,
2025
 
Computer Equipment $212  $103 
Leasehold Improvements  233   123 
Equipment  532    
Website Development  152   152 
Vehicles  16   16 
Software  62    
   1,207   394 
Accumulated Depreciation  (372)  (185)
Total Property and Equipment, net $835  $209 

 

Depreciation expenses of $79 and $187 for the three and nine months-ended February 28, 2026 (February 28, 2025 - $37 and $98) has been recorded in Operating expenses in the unaudited condensed interim consolidated statements of operations.

 

Prepaid Expenses

 

Prepaid Expenses consisted of the following:

 

   February 28,
2026
   May 31,
2025
 
Prepaid insurance $440  $436 
Prepaid rent  1   1 
Prepaid software  159   4 
Prepaid capital market services     89 
Prepaid aircraft development equipment  284    
Other general prepaid expenses  209    
Total Prepaid expenses $1,093  $530 

 

Accrued Expenses

 

Accrued Expenses consisted of the following:

 

   February 28,
2026
   May 31,
2025
 
Accrued professional fees $209  $439 
Accrued employee costs  82   171 
Other accrued expenses  17   15 
Total Accrued expenses $308  $625