The Company leases real and personal property in the normal course of business under various operating 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 upon a remeasurement event.

The gross amounts of assets and liabilities related to operating leases on August 29, 2026 and May 30, 2026 were as follows (in thousands):


Lease Type	August 29, 2026		May 30, 2026
Right of use lease assets, net	$	3,520	$	1,389
Lease liabilities current		1,049		787
Lease liabilities non-current		2,471		602

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


		Three Months Ended
		August 29, 2026		August 30, 2025
Consolidated operating lease expense	Selling, general and administrative expenses	$	435	$	399

The approximate future minimum lease payments under operating leases at August 29, 2026 were as follows (in thousands):


Fiscal Year	Operating Leases
Remaining 2027	$	944
2028		955
2029		739
2030		532
2031		519
Thereafter		95
Total lease payments		3,784
Less imputed interest		264
Net minimum lease payments	$	3,520

The weighted average remaining lease terms and interest rates of leases held by the Company as of August 29, 2026 and August 30, 2025 were as follows:


Operating Lease as of:	Weighted Average Remaining Lease Term in Years	Weighted Average Interest Rate
August 29, 2026	4.0	5.2%
August 30, 2025	2.2	5.3%

The cash activities associated with our leases for the three month periods ended August 29, 2026 and August 30, 2025 were as follows (in thousands):


		Three Months Ended
Cash Flow Source	Classification	August 29, 2026		August 30, 2025

Operating cash flows from operating leases	Operating activities	$	348	$	333