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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
May 31, 2024
May 31, 2023
Cash flows from operating activities:    
Net loss $ (5,978,000) $ (7,140,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 81,000 84,000
(Recovery) provision for allowance for credit losses (10,000) 342,000
Inventory reserve (205,000) (174,000)
Share-based compensation 837,000 1,185,000
Amortization of right-of-use asset 293,000 267,000
Changes in assets and liabilities:    
Accounts receivable (215,000) (291,000)
Inventories (115,000) 534,000
Prepaid expenses and other 62,000 20,000
Other assets (44,000) 18,000
Accounts payable and accrued expenses 246,000 (80,000)
Accrued compensation (41,000) 49,000
Advances from customers 25,000 9,000
Reduction in lease liabilities (297,000) (297,000)
Net cash used in operating activities (5,361,000) (5,474,000)
Cash flows from investing activities:    
Purchases of property and equipment (51,000) (64,000)
Expenditures related to intangibles (64,000) (14,000)
Net cash used in investing activities (115,000) (78,000)
Cash flows from financing activities:    
Gross proceeds from sale of common stock 10,014,000
Deferred offering costs (81,000)
Costs from sale of common stock (705,000)
Proceeds from exercise of stock options 81,000
Net cash (used in) provided by financing activities (81,000) 9,390,000
Effect of exchange rate changes in cash 8,000 (36,000)
Net (decrease) increase in cash and cash equivalents (5,549,000) 3,802,000
Cash and cash equivalents at beginning of year 9,719,000 5,917,000
Cash and cash equivalents at end of year 4,170,000 9,719,000
Cash paid during the period for:    
Income taxes 41,000 51,000
Non-cash investing and financing activities:    
Write off of fixed assets, cost 40,000
Write off of fixed assets, accumulated depreciation 40,000
Write off of intangible assets, cost 6,000
Write off of intangible assets, accumulated amortization $ 6,000