REVENUE (Tables)

6 Months Ended

Nov. 30, 2022

REVENUE

Disaggregation of revenue

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

	Three Months Ended				Six Months Ended
	November 30,				November 30,
	2022		2021		2022		2021
Type of good / service:
Systems	$	7,400	$	3,754	$	16,494	$	7,633
Contactors		6,607		5,090		7,101		6,042
Services		808		767		1,891		1,582
	$	14,815	$	9,611	$	25,486	$	15,257
Product lines:
Wafer-level	$	14,401	$	9,107	$	24,723	$	14,250
Test During Burn-In		414		504		763		1,007
	$	14,815	$	9,611	$	25,486	$	15,257

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				Six Months Ended
	November 30,				November 30,
	2022		2021		2022		2021
Geographic region:
United States	$	2,555	$	895	$	5,418	$	1,401
Asia		12,216		8,716		20,024		13,853
Europe		44		-		44		3
	$	14,815	$	9,611	$	25,486	$	15,257

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

	Three Months Ended				Six Months Ended
	November 30,				November 30,
	2022		2021		2022		2021
Timing of revenue recognition:
Products and services transferred at a point in time	$	14,427	$	9,270	$	24,681	$	14,560
Services transferred over time		388		341		805		697
	$	14,815	$	9,611	$	25,486	$	15,257