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Property and Equipment (Tables)
6 Months Ended
Nov. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment consisted of the following as of November 30, 2024 and May 31, 2024 (in thousands):
Estimated Useful LifeNovember 30,
2024
May 31,
2024
Networking equipment, electrical equipment, and software
5 years$33,640 $32,517 
Electric generation and transformers15 years9,933 9,933 
Land and building
Building39 years108,847 103,990 
Land19,047 6,205 
Land improvements15 years1,380 1,380 
Leasehold improvements
3 years - 7 years
1,142 1,051 
Construction in progress609,055 190,162 
Other equipment and fixtures
5 years - 7 years
9,932 9,552 
Total cost of property and equipment792,976 354,790 
Accumulated depreciation(20,312)(14,409)
Property and equipment, net$772,664 $340,381