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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
May. 31, 2015
May. 31, 2014
Revenues:    
Products $ 535 $ 1,138
Services 3,407 3,871
Total revenues 3,942 5,009
Cost of revenues:    
Products 151 366
Services 1,539 1,201
Total cost of revenues 1,690 1,567
Gross margin 2,252 3,442
Research and development expenses 894 1,171
Selling, general and administrative expenses 2,481 3,465
Change in fair value of Earn-Out Payments and Holdback Payment (85) (17)
Gain on sale of product line 0 (649)
Operating loss (1,038) (528)
Interest expense 165 251
Other (income) expense 114 (33)
Loss before income taxes (1,317) (746)
Provision for income taxes 2 2
Net loss $ (1,319) $ (748)
Basic and diluted net loss per share $ (1.48) $ (0.85)
Weighted average common shares outstanding-basic and diluted 890,120 876,860