CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)

12 Months Ended

May 31, 2023

CASH, CASH EQUIVALENTS AND INVESTMENTS

Cash, cash equivalents and investments by security type

The following table summarizes the Company’s cash, cash equivalents and investments by security type as of May 31, 2023 (in thousands):

	Cost		Gross Unrealized Loss			Estimated Fair Value
Cash	$	3,182	$	-		$	3,182
Cash equivalents:
Money market funds		26,872		-			26,872
Total cash and cash equivalents	$	30,054	$	-		$	30,054
Short-term investments:
U.S. treasury securities	$	17,870	$	(17	)	$	17,853
Long-term investments:
Money market funds	$	150	$	-		$	150
Total cash, cash equivalents and investments	$	48,074	$	(17	)	$	48,057

The following table summarizes the Company’s cash, cash equivalents and investments by security type as of May 31, 2022 (in thousands):

	Cost		Gross Unrealized Loss		Estimated Fair Value
Cash	$	2,955	$	-	$	2,955
Cash equivalents:
Money market funds		28,529		-		28,529
Total cash and cash equivalents	$	31,484	$	-	$	31,484
Long-term investments:
Money market funds	$	80	$	-	$	80
Total cash, cash equivalents and investments	$	31,564	$	-	$	31,564