REVENUE (Tables)

3 Months Ended

Aug. 31, 2022

REVENUE

Disaggregation of revenue

The Company’s revenues by product category are as follows (in thousands):

	Three Months Ended
	August 31,
	2022		2021
Type of good / service:
Systems	$	9,094	$	3,879
Contactors		494		952
Services		1,083		815
	$	10,671	$	5,646
Product lines:
Wafer-level	$	10,321	$	5,143
Test During Burn-In		350		503
	$	10,671	$	5,646

The following presents information about the Company’s operations in different geographic areas. Net sales are based upon ship-to location (in thousands):

	Three Months Ended
	August 31,
	2022		2021
Geographic region:
United States	$	2,863	$	506
Asia		7,808		5,137
Europe		-		3
	$	10,671	$	5,646

With the exception of the amount of service contracts and extended warranties, the Company’s product category revenues are recognized at a point in time when control transfers to the customers. The following presents revenue based on timing of recognition (in thousands):

	Three Months Ended
	August 31,
	2022		2021
Timing of revenue recognition:
Products and services transferred at a point in time	$	10,254	$	5,590
Services transferred over time		417		356
	$	10,671	$	5,646