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Stock-Based Compensation Plans (Tables) | 12 Months Ended
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May 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount | The Company recognized stock-based compensation associated with the 2022 and 2024 Plans as follows (in thousands):
| May 31, 2025 |  | May 31, 2024 |  | May 31, 2023
Cost of revenue | $ | 2,504 |  |  | $ | 1,465 |  |  | $ | — |
Selling, general, and administrative | 19,988 |  |  | 5,508 |  |  | 32,072 |
Capitalized (1) | 1,465 |  |  | 207 |  |  | — |
Total stock-based compensation | $ | 23,957 |  |  | $ | 7,180 |  |  | $ | 32,072 |
(1)Capitalized to CIP in the consolidated balance sheets.
Schedule of Share-Based Payment Arrangement, Restricted Stock Awards and Restricted Stock Unit, Activity | The following is a summary of the activity and balances for unvested restricted stock awards outstanding for the fiscal year ended May 31, 2025:
| Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2024 | 638,895 |  |  | $ | 4.01 |
Granted | — |  |  | — |
Vested | (351,801) |  |  | 4.16 |
Forfeited | (15,650) |  |  | 8.52 |
Outstanding as of May 31, 2025 | 271,444 |  |  | $ | 3.55 |
The following is a summary of the activity and balances for unvested restricted stock units outstanding for the fiscal year ended May 31, 2025:
| Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2024 | 5,230,986 |  |  | $ | 4.10 |
Granted | 5,915,480 |  |  | 7.09 |
Vested | (2,618,163) |  |  | 4.64 |
Forfeited | (1,868,473) |  |  | 4.07 |
Outstanding as of May 31, 2025 | 6,659,830 |  |  | $ | 6.56 |
Schedule of Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award | The following is a summary of the activity and balances for unvested performance stock units outstanding for the fiscal year ended May 31, 2025:
|  | Number of Shares |  | Weighted Average Grant Date Fair Value Per Share
Outstanding as of May 31, 2024 |  | 3,110,011 |  |  | $ | 2.69 |
Awarded |  | 7,207,500 |  |  | 6.59 |
Vested |  | (310,011) |  |  | 6.95 |
Forfeited |  | (2,800,000) |  |  | 2.22 |
Outstanding as of May 31, 2025 |  | 7,207,500 |  |  | $ | 6.59 |

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- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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