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Long-term investments

12 Months Ended

May 31, 2022

Investments All Other Investments [Abstract]

12.	Long-term investments

Long-term investments are comprised of the following items:

	Fair value May 31, 2022		Fair value May 31, 2021
Equity investments measured at fair value		4,347		12,185
Equity investments under measurement alternative		5,703		5,500
Total other investments		10,050		17,685

The Company’s equity investments at fair value consist of publicly traded shares, equity interest in non-traded companies and warrants held by the Company. The Company’s equity investments under measurement alternative include equity investments without readily determinable fair values. For the year ended May 31, 2022 the Company received proceeds of $nil on the sale of investments (2021-$8,430, 2020-$19,570) and recognized $6,731 in unrealized losses due to the change in fair value of investments (2021-$1,567, 2020-$23,057), the remaining change in long-term investments is a result of currency translation recognized in other comprehensive income.