BALANCE SHEET DETAIL (Tables)

12 Months Ended

May 31, 2023

BALANCE SHEET DETAIL

Inventories

INVENTORIES:     

	May 31,
(In Thousands)	2023		2022
Raw materials and sub-assemblies	$	15,953	$	9,507
Work in process		5,764		5,461
Finished goods		2,191		83
	$	23,908	$	15,051

Property and equipment, net

PROPERTY AND EQUIPMENT, NET:  

	May 31,
(In Thousands)	2023			2022
Leasehold improvements	$	1,310		$	1,230
Furniture and fixtures		706			697
Machinery and equipment		5,445			4,013
Test equipment		2,998			2,523
		10,459			8,463
Less: Accumulated depreciation and amortization		(7,700	)		(7,260	)
	$	2,759		$	1,203

Accrued expenses

ACCRUED EXPENSES:

	May 31,
(In Thousands)	2023		2022
Commissions and bonuses	$	1,728	$	1,505
Payroll related		1,491		1,401
Warranty		267		410
Professional services		520		204
Investor relations		79		44
Taxes payable		22		13
Other		36		33
	$	4,143	$	3,610

Customer deposits and deferred revenue, short-term

CUSTOMER DEPOSITS AND DEFERRED REVENUE, SHORT-TERM:   

	May 31,
(In Thousands)	2023		2022
Customer deposits	$	2,690	$	2,263
Deferred revenue		132		152
	$	2,822	$	2,415