General form of registration statement for all companies including face-amount certificate companies

Accrued Liabilities

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Accrued Liabilities
12 Months Ended
May 31, 2024
Accrued Liabilities  
Accrued Liabilities

Note 4. Accrued Liabilities

The components of accrued liabilities were as follows (in thousands):

May 31, 2024

May 31, 2023

Compensation and related expense

$

208

$

335

Legal fees and settlement

7

168

Clinical expense

329

187

Accrued inventory charges and expenses

 

 

4,978

License fees

1,799

862

Lease payable

142

139

Investor proceeds held in escrow

300

Other liabilities

25

Total accrued liabilities

$

2,810

$

6,669

As of May 31, 2024 and 2023, the accrued legal fees and settlement balance was primarily related to legal fees.