SEGMENT INFORMATION

6 Months Ended

Nov. 30, 2021

SEGMENT INFORMATION

15. SEGMENT INFORMATION

15. SEGMENT INFORMATION

 The Company has only one reportable segment. The information for revenue category by type, product line, geography and timing of revenue recognition, is summarized in Note “3. REVENUE.”

 Property and equipment information is based on the physical location of the assets. The following table presents property and equipment information for geographic areas (in thousands):

	November 30, 2021		May 31, 2021
United States	$	624	$	647
Asia		37		30
Europe		-		-
	$	661	$	677

 As of November 30, 2021, the operating lease right-of-use assets of $1,156,000 and $109,000 are allocated in the United States and Asia, respectively.

 There were no revenues through distributors for the three and six months ended November 30, 2021 and 2020.

 Sales to the Company’s five largest customers accounted for approximately 98% and 96% of its net sales in the three and six months ended November 30, 2021, respectively. One customer accounted for approximately 82% of the Company’s net sales in the three months ended November 30, 2021. One customer accounted for approximately 77% of the Company’s net sales in the six months ended November 30, 2021. Sales to the Company’s five largest customers accounted for approximately 90% and 74% of its net sales in the three and six months ended November 30, 2020, respectively. Five customers accounted for approximately 22%, 18%, 18%, 16% and 15% of the Company’s net sales in the three months ended November 30, 2020. Five customers accounted for approximately 20%, 18%, 15%, 11% and 10% of the Company’s net sales in the six months ended November 30, 2020. No other customers represented more than 10% of the Company’s net sales in the three and six months ended November 30, 2021 and 2020.