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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2017
May 31, 2016
May 31, 2015
Cash flows from operating activities:      
Net loss $ (5,653) $ (6,785) $ (6,647)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 999 1,016 997
Provision (recovery of) for doubtful accounts 53 (13) (30)
Loss on disposal of asset 0 2 0
Amortization of debt issuance costs 148 177 31
Depreciation and amortization 271 203 135
Changes in operating assets and liabilities:      
Accounts receivable (3,507) 887 1,774
Inventories 430 70 (1,008)
Prepaid expenses and other (707) 9 34
Accounts payable 1,686 564 (850)
Accrued expenses 53 539 (371)
Customer deposits and deferred revenue 1,730 (2,909) 3,702
Income taxes payable 2 (41) (15)
Deferred rent 0 0 (8)
Net cash used in operating activities (4,495) (6,281) (2,256)
Cash flows from investing activities:      
Purchases of property and equipment (477) (919) (118)
Net cash used in investing activities (477) (919) (118)
Cash flows from financing activities:      
Line of credit borrowings (repayments), net 0 2,000 (777)
Proceed from issuance of convertible notes, net 0 (6) 3,760
Proceeds from issuance of common stock under public offering, net of issuance costs 15,832 0 0
Proceeds from issuance of common stock under private placement, net of issuance costs 5,299 0 2,574
Proceeds from issuance of common stock under employee plans 704 512 855
Net cash provided by financing activities 21,835 2,506 6,412
Effect of exchange rates on cash and cash equivalents 1 106 (320)
Net increase (decrease) in cash and cash equivalents 16,864 (4,588) 3,718
Cash and cash equivalents, beginning of year 939 5,527 1,809
Cash and cash equivalents, end of year 17,803 939 5,527
Supplemental Cash Flow Information:      
Cash paid during the year for Income taxes 18 47 26
Cash paid during the year for Interest 516 302 130
Non-cash transactions:      
Net change in capitalized stock-based compensation 0 (20) (4)
Line of credit converted to convertible notes 0 2,000 0
Fair value of common stock issued to settle accounts payable $ 323 $ 0 $ 0