XML 74 R64.htm IDEA: XBRL DOCUMENT v3.23.2
INCOME TAXES (Details 2)
12 Months Ended
May 31, 2023
May 31, 2022
May 31, 2021
INCOME TAXES      
U.S. federal statutory tax rate 21.00% 21.00% 21.00%
State taxes, net of federal tax effect 0.00% 0.10% 0.60%
Foreign rate differential 0.70% 0.30% 9.80%
Stock-based compensation (9.10%) (11.00%) (4.70%)
Research and development credit (2.30%) (1.30%) 4.00%
Change in valuation allowance (9.30%) (4.70%) (32.10%)
Controlled Foreign Corporation Liquidation 0.00% 0.00% 9.80%
PPP Loan 0.00% (3.70%) 0.00%
Other (0.60%) 0.40% (0.40%)
Effective tax rate 0.40% 1.10% 8.00%