LEASE COMMITMENTS (Tables)

12 Months Ended

May 31, 2014

LEASE COMMITMENTS (Tables):

OPERATING LEASES (Tables)

At May 31, 2014, minimum annual rental commitments under noncancellable leases were as follows (in thousands):

Fiscal Year ending May 31:
2015	$	133
2016		133
2017		110
Total future minimum lease commitments		376

CAPITAL LEASES (Tables)

Minimum annual future lease payments under the capital lease as of May 31, 2014 are as follows (in thousands):

2015	$	23
2016		23
2017		23
2018		13
2019		5
Minimum lease payment		87
Amount representing interest		(21)
Present value of minimum lease payments	$	66
Current	$	19
Long Term	$	47