v3.26.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Income Statement [Abstract]      
Revenue, net $ 8,523 $ 8,445 $ 9,394 [1]
Cost of revenue (4,267) (5,089) (5,119) [1]
Gross profit 4,256 3,356 4,275 [1]
Operating cost and expenses:      
Selling and distribution (193) (140) (133) [1]
General and administrative (4,230) (6,136) (5,388) [1]
Total operating cost and expenses (4,423) (6,276) (5,521) [1]
Loss from operations (167) (2,920) (1,246) [1]
Other income:      
Gain from disposal of property and equipment 150 28 7 [1]
Interest income 3 4 [1],[2]
Interest expense (24) (34) (41) [1]
Government grant 20 32 110 [1]
Reversal of allowance for expected credit loss 195 148 39 [1]
Other income 33 23 29 [1]
Total other income, net 377 201 144 [1]
Income (loss) before income taxes 210 (2,719) (1,102) [1]
Income tax (expenses) refund (90) (1) 125 [1]
NET INCOME (LOSS) $ 120 $ (2,720) $ (977) [1]
Net income (loss) per share      
Net loss/income per share basic $ 0.01 $ (0.28) $ (0.11)
Net loss/income per share diluted $ 0.01 $ (0.28) $ (0.11)
Weighted average number of Ordinary Shares outstanding**      
Weighted average number of Ordinary Shares outstanding basic [3] 9,515 9,627 9,019
Weighted average number of Ordinary Shares outstanding diluted [3] 9,515 9,627 9,019
Other comprehensive (loss) income:      
Foreign currency translation adjustment $ (11) $ 169 $ (143) [1]
TOTAL COMPREHENSIVE INCOME (LOSS) $ 109 $ (2,551) $ (1,120) [1]
[1] 2024 figures were restated to recognize direct labor and overheads in the cost of revenue
[2] The figures are insignificant.
[3] Ordinary Shares and per share data are presented on a retroactive basis to reflect the Ordinary Shares issuance and the reverse share split