| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Registered share offering costs | 0 | 0 | NaN | 290 |
| Change in fair value of forward purchase agreement | 0 | 0 | NaN | -740 |
| Non-cash interest | NaN | NaN | NaN | 0 |
| Gain on termination of forward purchase agreement | 0 | 0 | NaN | 21,400 |
| Net income (loss) | -6,899 | -8,650 | -10,903 | 5,200 |
| Depreciation and amortization | 79 | 57 | 51 | 138 |
| Stock-based compensation | 4,231 | 357 | 2,410 | 1,492 |
| Change in warrant liability | -995 | 3,992 | 5,137 | 1,988 |
| Prepaid expenses | 775 | -54 | -157 | -1,901 |
| Accounts receivable | NaN | 138 | -14 | -321 |
| Other receivables | 195 | NaN | NaN | NaN |
| Accounts payable | 194 | 524 | -297 | -36 |
| Accrued liabilities | -2,583 | 1,199 | 1,067 | 51 |
| Operating leases | 2 | -3 | NaN | 3 |
| Net cash used in operating activities | -6,817 | -2,608 | -2,364 | -9,312 |
| Purchase of property and equipment | 140 | 534 | 139 | 142 |
| Net cash used in investing activities | -140 | -534 | -139 | -142 |
| Proceeds from issuance of convertible debentures | NaN | NaN | NaN | 0 |
| Proceeds from registered securities offering | 0 | 0 | NaN | NaN |
| Registered share offering costs | 0 | 0 | NaN | 510 |
| Proceeds from registered securities offering | NaN | NaN | NaN | 3,947 |
| Proceeds from issuance of class a ordinary shares | 0 | NaN | NaN | 2,082 |
| Outflow from business combination | NaN | NaN | NaN | 0 |
| Proceeds from issuance of preferred shares | 0 | NaN | NaN | 6,277 |
| Forward purchase agreement termination | 0 | 8,253 | -8,253 | 278 |
| Proceeds from sales agreement | 2,327 | 19,092 | NaN | 880 |
| Repayment of term loan | NaN | NaN | NaN | 0 |
| Proceeds from exercise of stock options | 0 | 28 | NaN | NaN |
| Finance lease payments | NaN | NaN | NaN | 0 |
| Proceeds from warrants exercised | 0 | 312 | 2,970 | 2,787 |
| Net cash provided by financing activities | 2,327 | 11,179 | 11,223 | 15,185 |
| Net change in cash and cash equivalents | -4,630 | NaN | NaN | NaN |
| Net change in cash and cash equivalents | -4,630 | 8,037 | 8,720 | 5,731 |
| Cash and cash equivalents - beginning of period | 24,304 | 16,267 | 7,547 | NaN |
| Cash and cash equivalents - end of period | 19,674 | 24,304 | 16,267 | NaN |
New Horizon Aircraft Ltd. (HOVRW)
New Horizon Aircraft Ltd. (HOVRW)