LEASES (Tables)

12 Months Ended

May 31, 2023

LEASES

Supplemental cash flow information related to leases

The following table presents supplemental cash flow information related to the Company’s operating leases (in thousands):

	Year Ended May 31,
	2023		2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	835	$	813	$	779

Maturity of operating lease liabilities

    The following table presents the maturities of the Company’s operating lease liabilities as of May 31, 2023 (in thousands):

Fiscal year	Operating Leases
2024	$	608
2025		1,143
2026		1,174
2027		1,195
2028		1,234
Thereafter		3,075
Total future minimum operating lease payments		8,429
Less: imputed interest		(2,129	)
Present value of operating lease liabilities	$	6,300