GOODWILL AND PURCHASED INTANGIBLE ASSETS (Tables)

3 Months Ended

Aug. 30, 2024

GOODWILL AND PURCHASED INTANGIBLE ASSETS

Schedule of Goodwill

(In thousands)	Total
Balance as of May 31, 2024	$	-
Addition due to business combination		10,353
Balance as of August 30, 2024	$	10,353

Purchased Intangible Assets

	August 30, 2024
(In thousands)			Accumulated
Finite-lived intangible assets:	Gross		Amortization			Net
Developed technology	$	9,130	$	(87	)	$	9,043
Trade names		1,050		(9	)		1,041
Customer relationships		810		(6	)		804
Non-compete agreements and others		1,010		(44	)		966
Total	$	12,000	$	(146	)	$	11,854

Schedule of estimated future amortization expense

(In thousands)	Amount
Remainder of 2025	$	1,073
2026		1,229
2027		1,183
2028		980
2029		940
Thereafter		6,449
Total	$	11,854