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Related Party Transactions (Tables) | 3 Months Ended
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Aug. 31, 2024
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table illustrates related party revenue for the three months ended August 31, 2024 and August 31, 2023 (in thousands):
| Three Months Ended |  |
| August 31, 2024 |  | August 31, 2023 |  |  |  |
Customer D* | $ | 992 |  |  | $ | 2,332 |  |  |  |  |
Customer E** | $ | 678 |  |  | $ | 1,852 |  |  |  |  |
*Customer D is a subsidiary of an entity which, during the first fiscal quarter of 2024, was deemed to beneficially own over 5% of the Company's outstanding common stock. As of July 25, 2024, the controlling individual of the entity filed a Schedule 13G to report the fact that as of the date thereof, the entity has ceased to be a beneficial owner of more than 5% of such class of securities. **Customer E is 60% owned by an individual who, during the first fiscal quarter of 2024, was deemed to beneficially own over 5% of the Company's outstanding common stock. As of July 25, 2024, the individual filed a Schedule 13G to report the fact that as of the date thereof, the individual has ceased to be a beneficial owner of more than 5% of such class of securities. The following table illustrates related party deferred revenue and deposits balances as of August 31, 2024 and May 31, 2024 (in thousands):
| Customer D balances as of |  | Customer E balances as of
| August 31, 2024 |  | May 31, 2024 |  | August 31, 2024 |  | May 31, 2024
Deferred revenue | $ | — |  |  | $ | 993 |  |  | $ | — |  |  | $ | 699 |
Customer deposits | $ | — |  |  | $ | 895 |  |  | $ | — |  |  | $ | 654 |
The following table illustrates related party sublease income for the three months ended August 31, 2024 and August 31, 2023 (in thousands):
| Three Months Ended |  |
| August 31, 2024 |  | August 31, 2023 |  |  |  |
Sublease Income | $ | — |  |  | $ | 23 |  |  |  |  |

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- References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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