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18. SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (Tables)
12 Months Ended
May. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Consolidated Financial Data (unaudited)

    The following tables (presented in thousands, except per share data) sets forth selected unaudited condensed consolidated statements of operations data for each of the four quarters of the fiscal years ended May 31, 2015 and 2014.  The unaudited quarterly information has been prepared on the same basis as the annual information presented elsewhere herein and, in the Company’s opinion, includes all adjustments (consisting only of normal recurring entries) necessary for a fair statement of the information for the quarters presented.  The operating results for any quarter are not necessarily indicative of results for any future period and should be read in conjunction with the audited consolidated financial statements of the Company’s and the notes thereto included elsewhere herein.

 

    Three Months Ended  
    Aug. 31,     Nov. 30,     Feb. 28,     May 31,  
    2014     2014     2015     2015  
Net sales   $ 3,558     $ 2,615     $ 2,027     $ 1,818  
Gross profit   $ 1,610     $ 694     $ 852     $ 682  
Net loss   $ (907 )   $ (2,114 )   $ (1,726 )   $ (1,900 )
Net loss per share basic and diluted   $ (0.08 )   $ (0.18 )   $ (0.14 )   $ (0.15 )
                                 

 

    Three Months Ended  
    Aug. 31,     Nov. 30,     Feb. 28,     May 31,  
    2013     2013     2014     2014  
Net sales   $ 3,752     $ 4,950     $ 5,612     $ 5,370  
Gross profit   $ 1,944     $ 2,494     $ 2,870     $ 2,914  
Net (loss) income   $ (166 )   $ 137     $ 212     $ 239  
Net (loss) income per share basic and diluted   $ (0.02 )   $ 0.01     $ 0.02     $ 0.02