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. Financing leases are used for computer servers.

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 at May 28, 2022 and May 29, 2021 were as follows (in thousands):

Lease Type	May 28, 2022		May 29, 2021
Operating lease ROU asset	$	3,024	$	2,262
Financing lease ROU asset		215		308
Total Lease ROU asset	$	3,239	$	2,570

Operating lease liability current	$	1,109	$	918
Financing lease liability current		—		148
Total lease liability current	$	1,109	$	1,066

Operating lease liability non-current	$	1,915	$	1,358
Financing lease liability non-current		—		—
Total lease liability non-current	$	1,915	$	1,358

The components of lease costs for fiscal 2022 and fiscal 2021 were as follows (in thousands):

Lease Type	Classification	Fiscal Year Ended May 28, 2022		Fiscal Year Ended May 29, 2021
Consolidated operating lease expense	Operating expenses	$	1,781	$	1,939

Consolidated financing lease amortization	Operating expenses		92		92
Consolidated financing lease interest	Interest expense		3		11
Consolidated financing lease expense			95		103

Net lease cost		$	1,876	$	2,042

Rent expense for fiscal 2022, fiscal 2021 and fiscal 2020 was $1.6 million, $1.7 million, and $1.8 million, respectively.

Our future lease commitments for minimum rentals, including common area maintenance charges and property taxes during the next five years are as follows (in thousands):

Fiscal Year	Operating Leases
2023	$	1,244
2024		872
2025		610
2026		388
2027		75
Thereafter		17
Total lease payments		3,206
Less imputed interest		182
Net minimum lease payments	$	3,024

The weighted average remaining lease terms and interest rates of leases held by the Company as of May 28, 2022 were as follows:

Lease Type

Weighted Average Remaining

Lease Term in Years

Weighted Average

Interest Rate

Operating leases

3.2

4.4%

The cash outflows of the leasing activity of the Company as lessee for fiscal 2022 and fiscal 2021 were as follows (in thousands):

		Fiscal Year Ended
Cash Flow Source	Classification	May 28, 2022		May 29, 2021
Operating cash flows from operating leases	Operating activities	$	747	$	831
Operating cash flows from financing leases	Operating activities		148		170
Finance cash flows from financing leases	Financing activities		151		181