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Note 12 - Long Term Investments
12 Months Ended
May 31, 2024
Notes to Financial Statements  
Investment [Text Block]

12.

Long-term investments

 

Long-term investments are comprised of the following items:

 

  

May 31,

  

May 31,

 
  

2024

  

2023

 

Equity investments measured at fair value

 $2,359  $2,144 

Equity investments under measurement alternative

  5,500   5,651 

Total

 $7,859  $7,795 

 

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, 2024 the Company received proceeds of $nil on the sale of investments (2023-$nil, 2022-$nil) and recognized $217 in unrealized losses due to the change in fair value of investments (2023-$2,366 2022-$6,731), the remaining change in long-term investments is a result of currency translation recognized in other comprehensive income.