Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

May 31, 2023

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

	As of May 31,
	2022		2023
	US$		US$
Accrued payroll		229,041		277,020
Refund liability (a)		95,398		138,549
Payable for purchase of property and equipment		27,240		27,093
Advance payment from students (b)		22,481		19,323
Amounts reimbursable to employees (c)		14,425		15,437
Accrued advertising fees		10,632		14,426
VAT payable		8,907		12,300
Payable for investments and acquisitions		1,097		9,531
Welfare payable		8,156		9,294
Royalty fees payable (d)		10,166		7,568
Rent payable		33,829		6,124
Refundable deposits (e)		8,418		5,825
Other taxes payable		4,897		5,095
Accrued professional service fees		6,015		2,824
Others (f)		29,562		19,028
Total		510,264		569,437

(a) The refund liability is recognized for variable amount of the considerations received from the customers and recorded as refund liability as described in Note 2.

(b) Advance payment from students represent (1) the miscellaneous expenses other than tuition fee prepaid by students which will be paid out on their behalf; and (2) advance payment prepaid by students for class enrollment.

(c) Amounts reimbursable to employees include travelling and business related expenses.

(d) Royalty fees payable relate to payments to content providers for on-line learning programs and those to counterparties for copyrights and resource sharing.

(e) Refundable deposits represent student deposits for dormitory or other fees that will be refunded upon graduation and student security deposits refunded upon completion of the study tour.

(f) Others primarily include transportation expenses, utility fees, property management fees and other miscellaneous expenses payable.