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Long-term Debt (Tables) | 6 Months Ended
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Nov. 24, 2024
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Long-term debt, net consists of the following:
| November 24, 2024 |  | May 26, 2024
Term loan credit facility | $ | 165,274 |  |  | $ | 157,313 |
Equipment financing | 6,764 |  |  | 7,150 |
Total principal amount of long-term debt | 172,038 |  |  | 164,463 |
Less: unamortized debt issuance costs | (453) |  |  | (504) |
Less: debt discount | (60,284) |  |  | (62,367) |
Total long-term debt, net of issuance costs and discount | 111,301 |  |  | 101,592 |
Less: Current portion of long-term debt, related party | (773) |  |  | (773) |
Long-term debt, less current portion, net, related party | $ | 110,528 |  |  | $ | 100,819 |
Revolving credit facility | $ | 8,500 |  |  | $ | 19,691 |
Schedule of Maturities of Long-term Debt | The future minimum principal payments under the Company’s term loan credit facility and equipment financing liability for each year presented are as follows:
Remainder of Fiscal year 2025 | $ | 387 |
Fiscal year 2026 | 773 |
Fiscal year 2027 | 773 |
Fiscal year 2028 | 773 |
Fiscal year 2029 | 166,047 |
Fiscal year 2030 | 773 |
Thereafter | 2,512 |
Total | $ | 172,038 |

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