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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Cash flows from operating activities:    
Net income $ 4,674 $ 589
Stock-based compensation expense 522 710
Depreciation and amortization 138 104
Accretion of investment discount (130) 0
Non-cash lease expenses 172 177
Changes in operating assets and liabilities:    
Accounts receivable 3,437 7,648
Inventories (7,704) (2,323)
Prepaid expenses and other current assets 90 (210)
Accounts payable (939) (769)
Accrued expenses 355 (1,130)
Deferred revenue 3,294 855
Operating lease liabilities (28) (192)
Income taxes payable 20 2
Net cash provided by operating activities 3,901 5,461
Cash flows from investing activities:    
Purchases of property and equipment (284) (84)
Proceeds from maturities of investments 18,000 0
Net cash provided by (used in) investing activities 17,716 (84)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee plans 318 455
Shares repurchased for tax withholdings on vesting of restricted stock units, amount (1,012) (1,179)
Net cash used in financing activities (694) (724)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (22) 10
Net increase in cash, cash equivalents and restricted cash 20,901 4,663
Cash, cash equivalents and restricted cash, beginning of period (1) 30,204 31,564
Cash, cash equivalents and restricted cash, end of period (1) $ 51,105 $ 36,227