Business Acquisitions (Tables)

12 Months Ended

May 31, 2023

Tibet Tianli Education Technology Co Ltd [Member]

Purchase Price Allocation

The purchase price was allocated on the date of acquisition as follows:

	US$			Amortization period
Cash and cash equivalents		4,568
Other current assets		33,906
Property and equipment		218			1-5 years
Intangible assets
Trademark		8,108			5 years
Copyright		2,317			5 years
Distribution channel		17,230			5 years
Goodwill		26,216
Other non-current assets		317
Other current liabilities		(13,411	)
Deferred tax liabilities		(2,489	)
Fair value of the 17.4% equity interests previously held		(13,395	)
Non-controlling interests		(31,007	)
Total		32,578