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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except for share and per share data) (USD $)
12 Months Ended
May 31, 2013
May 31, 2012
Revenue:    
Products $ 1,284 $ 1,420
Services 4,784 5,015
Royalties on sale of patents 290 0
Total revenue 6,358 6,435
Cost of revenue:    
Products. 141 75
Services. 1,234 1,335
Total cost of revenue 1,375 1,410
Gross margin 4,983 5,025
Research and development expenses 1,087 1,243
Selling, general and administrative expenses 3,186 2,984
Operating income 710 798
Interest expense 342 320
Other (income) expense, net (7) 31
Income before income taxes 375 447
Provision for income taxes 15 3
Net income $ 360 $ 444
Basic and diluted net income per share $ 0.35 $ 0.45
Weighted average common shares outstanding-basic 1,018,709 995,135
Weighted average common shares outstanding- diluted 1,019,812 995,135