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Note 18 - Commitments and Contingencies | 3 Months Ended
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Aug. 31, 2025
Notes to Financial Statements |
Commitments and Contingencies Disclosure [Text Block] | Note 18. Commitments and contingencies Purchase and other commitments The Company has financial commitments on long-term debt, refer to Note 11 (Long-term debt), convertible notes, refer to Note 12 (Convertible debentures payable), material purchase commitments inclusive of multi-period sponsorship rights and construction commitments as follows:
|  | Total |  |  | 2026 |  |  | 2027 |  |  | 2028 |  |  | 2029 |  |  | Thereafter |
Long-term debt repayment |  | $ | 161,572 |  |  | $ | 16,295 |  |  | $ | 16,241 |  |  | $ | 96,436 |  |  | $ | 3,531 |  |  | $ | 29,069 |
Convertible debentures payable |  |  | 100,000 |  |  |  | — |  |  |  | — |  |  |  | 100,000 |  |  |  | — |  |  |  | — |
Material purchase obligations |  |  | 73,691 |  |  |  | 41,073 |  |  |  | 26,580 |  |  |  | 6,038 |  |  |  | — |  |  |  | — |
Construction commitments |  |  | 888 |  |  |  | 888 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 336,151 |  |  | $ | 58,256 |  |  | $ | 42,821 |  |  | $ | 202,474 |  |  | $ | 3,531 |  |  | $ | 29,069 |
Legal proceedings In the ordinary course of business, we are at times subject to various legal proceedings and disputes, including the proceedings specifically discussed below. We assess our liabilities and contingencies in connection with outstanding legal proceedings utilizing the latest information available. Where it is probable that we will incur a loss and the amount of the loss can be reasonably estimated, we record a liability in our consolidated financial statements. These legal reserves may be increased or decreased to reflect any relevant developments on a quarterly basis. Where a loss is not probable or the amount of loss is not estimable, we do not accrue legal reserves. While the outcome of legal proceedings is inherently uncertain, based on information currently available and available insurance coverage, our management believes that it has established appropriate legal reserves. Any incremental liabilities arising from pending legal proceedings are not expected to have a material adverse effect on our consolidated financial position, consolidated results of operations, or consolidated cash flows. However, it is possible that the ultimate resolution of these matters, if unfavorable, may be material to our consolidated financial position, consolidated results of operations, or consolidated cash flows. There have been no material changes in the legal proceedings since our Annual Report on Form 10-K for the fiscal year ended May 31, 2025. Summary of litigation accruals As described in Note 10 (Accounts payable and accrued liabilities), the total estimated litigation expense accrual included in accrued liabilities as of August 31, 2025 and May 31, 2025 was $12,021 and $12,431, respectively. This estimated accrual is intended to cover various ongoing litigation matters with probable losses that can be reasonably estimated.

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