BALANCE SHEET INFORMATION (Tables)

3 Months Ended

Aug. 30, 2024

BALANCE SHEET INFORMATION

Inventories

	August 30,		May 31,
(In thousands)	2024		2024
Raw materials and sub-assemblies	$	26,794	$	22,410
Work in process		13,642		13,593
Finished goods		2,537		1,467
	$	42,973	$	37,470

Property and equipment, net

	Useful life	August 30,			May 31,
(In thousands)	(in years)	2024			2024
Leasehold improvements	*	$	1,729		$	1,588
Machinery and equipment	3 - 5		4,650			4,528
Test equipment	4 - 5		2,092			1,928
Furniture and fixtures	2 - 5		176			175
			8,647			8,219
Less: accumulated depreciation			(5,144	)		(4,966	)
		$	3,503		$	3,253

Warranty reserve

	Three Months Ended
	August 30,			August 31,
(In thousands)	2024			2023
Balance at the beginning of the period	$	234		$	267
Accruals for warranties issued during the period		178			65
Consumption of reserves		(193	)		(100	)
Balance at the end of the period	$	219		$	232

Customer deposits and deferred revenue, short-term

	August 30,		May 31,
(In thousands)	2024		2024
Customer deposits	$	3,428	$	1,248
Deferred revenue		113		97
	$	3,541	$	1,345