8. LEASES (Tables)

12 Months Ended

May 31, 2021

Leases [Abstract]

Supplemental cash flow information related to leases

The following table presents supplemental cash flow information related to the Company’s operating leases (in thousands): 

	Year Ended May 31,
	2021		2020
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	779	$	737
Right-of-use assets obtained in exchange for operating leases liabilities		147		2,859

Maturity of operating lease liabilities

The following table presents the maturities of the Company’s operating lease liabilities as of May 31, 2021 (in thousands): 

Fiscal year	Operating Leases
2022	$	813
2023		829
2024		168
2025		32
2026		19
Thereafter		--
Total future minimum operating lease payments		1,861
Less: imputed interest		(117)
Present value of operating lease liabilities	$	1,744