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LEASES (Tables)
12 Months Ended
May 31, 2022
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):

 

 

 

Year Ended May 31,

 

 

 

2022

 

 

2021

 

Cash paid for amounts included in the measurement of operating lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$813

 

 

$779

 

Right-of-use assets obtained in exchange for operating leases liabilities

 

 

-

 

 

 

147

 

Maturity of operating lease liabilities

The following table presents the maturities of the Company’s operating lease liabilities as of May 31, 2022 (in thousands):

 

Fiscal year

 

Operating Leases

 

2023

 

$829

 

2024

 

 

168

 

2025

 

 

31

 

2026

 

 

19

 

Thereafter

 

 

-

 

Total future minimum operating lease payments

 

 

1,047

 

Less: imputed interest

 

 

(41)

Present value of operating lease liabilities

 

$1,006