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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2020
May 31, 2019
Operating activities:    
Net income $ 851 $ 1,917
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 377 259
Bad debt expense   3
Loss on sale of property   102
Net gain on trading securities 553 80
(Increase) decrease in:    
Trade accounts receivable 1,634 2,175
Inventory (71) (2,472)
Prepaid expenses and other assets 716 (729)
Operating lease right-of-use assets 417  
Increase (decrease) in:    
Trade accounts payable 666 (2,266)
Accrued expenses and other current liabilities (723) (737)
Operating lease liabilities (524)  
Net cash provided by (used in) operating activities 3,896 (1,668)
Investing activities:    
Additions to property, equipment, and leasehold improvements (179) (2,393)
Proceeds from sale of property   7,075
Sale of marketable securities, trading 24 1,388
Net change in liabilities for short sales of trading securities 286 2,167
Net cash provided by investing activities 131 8,237
Financing activities:    
(Payments) borrowings on revolving credit facility, net (2,187) 513
Borrowings on Construction Loan   1,701
Repayments on long-term debt   (5,125)
Preferred stock dividend (19) (19)
Bank overdraft (867) 104
Net cash used in financing activities (3,073) (2,826)
Effect of foreign currency exchange rate changes on cash and cash equivalents (82) (212)
Net increase in cash, cash equivalents, and restricted cash 872 3,531
Cash, cash equivalents, and restricted cash - beginning of period 8,995 5,347
Cash, cash equivalents, and restricted cash - end of period 9,867 8,878
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 48 $ 122