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Stockholders' Equity (Tables)
6 Months Ended
Nov. 30, 2023
Equity [Abstract]  
Schedule of Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following is a summary of the activity and balances for unvested restricted stock awards granted for the six months ended November 30, 2023:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2023
380,955 $2.22 
Granted202,110 4.75 
Vested(380,955)2.22 
Forfeited— — 
Outstanding as of November 30, 2023
202,110 $4.75 
The following is a summary of the activity and balances for unvested restricted stock units granted for the six months ended November 30, 2023:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2023
12,465,935 $2.53 
Granted1,564,400 7.38 
Vested(5,377,778)2.64 
Forfeited(305,110)2.43 
Outstanding as of November 30, 2023
8,347,447 $3.42