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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)    
Net sales $ 10,671 $ 5,646
Cost of sales 6,190 3,365
Gross profit 4,481 2,281
Operating expenses:    
Selling, general and administrative 2,525 1,953
Research and development 1,498 1,321
Total operating expenses 4,023 3,274
Income (loss) from operations 458 (993)
Interest income (expense), net 121 (9)
Gain from forgiveness of PPP loan 0 1,698
Other income, net 24 23
Income before income tax expense 603 719
Income tax expense (14) (23)
Net income $ 589 $ 696
Net income per share:    
Basic $ 0.02 $ 0.03
Diluted $ 0.02 $ 0.03
Shares used in per share calculations:    
Basic 27,242 23,999
Diluted 28,788 25,356