Quarterly report pursuant to Section 13 or 15(d)

Convertible Instruments (Tables)

v3.21.2
Convertible Instruments (Tables)
3 Months Ended
Aug. 31, 2021
Debt Disclosure [Abstract]  
Schedule of the outstanding balance of convertible notes

(in thousands)

November 2020 Note

April 2, 2021 Note

April 23, 2021 Note

Outstanding balance May 31, 2021

$

13,554

$

25,715

$

25,485

Consideration received

-

-

-

Amortization of issuance discount and costs

98

441

441

Interest expense accrued

192

750

745

Cash repayments

-

-

-

Conversions

-

-

-

Fair market value of shares exchanged for repayment

(18,495)

-

-

Debt extinguishment loss

4,651

-

-

Outstanding balance August 31, 2021

$

-

$

26,906

$

26,671