The Company leases real and personal property in the normal course of business under various operating and financing leases. The Company uses operating leases for facility space and automobiles. Most of the leased facility space is for sales and general office use. Automobile leases are used throughout the Company.

Several leases include renewal clauses which vary in length and may not include specific rent renewal amounts. The Company will revise the value of the right of use assets and associated lease liabilities when the Company determines it is reasonably certain of renewal.

The gross amounts of assets and liabilities related to both operating and financing leases were as follows (in thousands):


Lease Type	September 2, 2023		May 27, 2023
Operating lease Right of Use asset	$	2,346	$	2,457
Operating lease liability current		1,076		1,028
Operating lease liability non-current		1,270		1,429

The components of lease costs were as follows (in thousands):


		Three Months Ended
		September 2, 2023		August 27, 2022
Consolidated operating lease expense	Operating expenses	$	454	$	455

The approximate future minimum lease payments under operating leases at September 2, 2023 were as follows (in thousands):


Fiscal Year	Operating Leases
Remaining 2024	$	867
2025		895
2026		524
2027		134
2028		25
Thereafter		13
Total lease payments		2,458
Less imputed interest		112
Net minimum lease payments	$	2,346

The weighted average remaining lease terms and interest rates of leases held by the Company as of September 2, 2023 were as follows:


Lease Type	Weighted Average Remaining Lease Term in Years	Weighted Average Interest Rate
Operating leases	2.5	4.1%

The cash outflows of the leasing activity of the Company as lessee for the three months ending September 2, 2023 and August 27, 2022 were as follows (in thousands):


		Three Months Ended
Cash Flow Source	Classification	September 2, 2023		August 27, 2022
Operating cash flows from operating leases	Operating activities	$	111	$	235