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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
Cash flows from operating activities:      
Net (loss) income $ (2,802) $ (5,235) $ 528
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Stock-based compensation expense 910 905 996
Recovery of doubtful accounts 0 (3) (58)
Depreciation and amortization 384 431 417
Loss on disposal of assets 45 0 0
Changes in operating assets and liabilities:      
Accounts receivable 1,161 (2,043) 1,260
Inventories 1,164 (112) (2,073)
Prepaid expenses and other 271 84 59
Accounts payable (1,024) 210 (1,095)
Accrued expenses (589) 402 62
Customer deposits and deferred revenue (1,542) (355) (1,482)
Deferred rent 0 90 63
Income taxes payable (2) (11) (28)
Net cash used in operating activities (2,024) (5,637) (1,351)
Cash flows from investing activities:      
Purchases of property and equipment (163) (173) (572)
Net cash used in investing activities (163) (173) (572)
Cash flows from financing activities:      
Repayment of convertible notes 0 (6,110) 0
Proceeds from long-term debt 1,679 0 0
Proceeds from issuance of common stock under employee plans 503 559 925
Shares repurchased for tax withholdings on vesting of restricted stock units (10) 0 0
Net cash provided by (used in) financing activities 2,172 (5,551) 925
Effect of exchange rates on cash, cash equivalents and restricted cash 20 (59) 43
Net increase (decrease) in cash, cash equivalents and restricted cash 5 (11,420) (955)
Cash, cash equivalents and restricted cash, beginning of year 5,508 16,928 17,883
Cash, cash equivalents and restricted cash, end of year 5,513 5,508 16,928
Supplemental cash flow information:      
Cash paid during the year for Income taxes 42 37 37
Cash paid during the year for Interest 0 610 550
Supplemental disclosure of non-cash flow information:      
Net transfer of equipment between inventory and property and equipment $ 112 $ 119 $ 0