LEASES (Tables)

3 Months Ended

Aug. 31, 2021

LEASES

Supplemental cash flow information related to leases

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

	Three Months Ended August 31,
	2021		2020
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows for operating leases	$	203	$	190
Right-of-use assets obtained in exchange for operating lease liabilities		-		-

Maturity of operating lease liabilities

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

Fiscal year	Operating Leases
2022 (excluding the first three months of 2022)	$	611
2023		829
2024		168
2025		31
2026		18
Thereafter		-
Total future minimum operating lease payments		1,657
Less: imputed interest		94
Present value of operating lease liabilities	$	1,563