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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 30, 2022
May 31, 2022
Current assets:    
Cash and cash equivalents $ 18,874 $ 31,484
Short-term investments 17,710 0
Trade and other accounts receivable, net 10,156 12,859
Inventories 17,972 15,051
Prepaid expenses and other current assets 823 613
Total current assets 65,535 60,007
Property and equipment, net 1,263 1,203
Operating lease right-of-use assets 561 917
Other assets 184 201
Total assets 67,543 62,328
Current liabilities:    
Accounts payable 3,949 4,195
Accrued expenses 2,566 3,610
Operating lease liabilities, short-term 551 794
Customer deposits and deferred revenue, short-term 3,680 2,415
Total current liabilities 10,746 11,014
Operating lease liabilities, long-term 65 212
Deferred revenue, long-term 25 69
Other liabilities 40 44
Total liabilities 10,876 11,339
Shareholders' equity:    
Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 27,732 shares and 27,120 shares at November 30, 2022 and May 31, 2022, respectively 277 271
Additional paid-in capital 119,094 117,686
Accumulated other comprehensive loss (155) (105)
Accumulated deficit (62,549) (66,863)
Total shareholders' equity 56,667 50,989
Total liabilities and shareholders' equity $ 67,543 $ 62,328