What does 1e-5f mean?

Is it just eulers number minus 5?

Here is the tutorial I am following:

 // Update velocity if time advances
        if (Time.deltaTime > 1e-5f)
            velocity = smoothDeltaPosition / Time.deltaTime;

        bool shouldMove = velocity.magnitude > 0.5f && agent.remainingDistance > agent.radius;

Full tutorial here

1 to the power -5 = 0.00001

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