Leases (Tables)

9 Months Ended

Feb. 28, 2023

Leases [Abstract]

Supplemental Balance Sheet Information

The following table presents supplemental balance sheet information related to leases:

(in thousands)	Balance Sheet Location	Feb 28, 2023		May 31, 2022
Assets
Operating lease ROU asset	Other assets	$	5,143	$	6,974
Liabilities
Current operating lease liabilities	Other current liabilities	2,299		2,560
Non-current operating lease liabilities	Other long-term liabilities	3,049		4,703
Total lease liabilities		$	5,348	$	7,263

The following table presents the weighted average remaining lease term and discount rate:

	Feb 28, 2023
Weighted average remaining term (in years)	2.72
Weighted average discount rate	3.8	%

Lease Liability Schedule

The maturities of the lease liabilities for each of the following fiscal years is:

(in thousands)	Feb 28, 2023
Remainder of 2023	$	699
2024	2,191
2025	1,428
2026	1,130
2027 and thereafter	171
Total lease payments	$	5,619
Less: Imputed Interest	271
Total lease obligations	$	5,348
Less: Current portion of lease obligations	2,299
Long-term lease obligations	$	3,049

Supplemental Cash Flow Information

The expenses on the Consolidated Statement of Operations were classified as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	Feb 28, 2023		Feb 28, 2022		Feb 28, 2023		Feb 28, 2022
Cost of sales	$	221	$	218	$	661	$	656
Research and development	54		52		158		201
Sales and marketing	42		40		122		119
General and administrative	379		374		1,103		1,138
	$	696	$	684	$	2,044	$	2,114

The following table presents supplemental cash flow and other information related to leases for the nine months ended:

(in thousands)	Feb 28, 2023		Feb 28, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,079	$	2,041
ROU assets obtained in exchange for lease liabilities
Operating leases	$	—	$	33