v3.26.3
Leases (Tables)
 3 Months Ended
Aug. 31, 2026
Leases [Abstract]  
Schedule of Remaining Future Cash Payments
Remaining future cash payments related to the financing arrangement as of August 31, 2026 for each of the following fiscal years is:
(in thousands)Aug 31, 2026
Remainder of 2027$603 
2028745 
2029660 
2030660 
2031 and thereafter1,045 
Total minimum liability payments$3,713 
Less: imputed interest(1,501)
Total $2,212 
Supplemental Balance Sheet Information
The following table presents supplemental balance sheet information related to leases:
(in thousands)Balance Sheet LocationAug 31, 2026May 31, 2026
Assets
Operating lease ROU assetOther assets$4,920 $5,053 
Liabilities
Current operating lease liabilitiesOther current liabilities1,404 1,296 
Non-current operating lease liabilitiesOther long-term liabilities3,635 3,860 
Total lease liabilities$5,039 $5,156 
The following table presents the weighted average remaining lease term and discount rate:
Aug 31, 2026
Weighted average remaining term (in years)3.76
Weighted average discount rate5.7 %
Lease Liability Schedule
The maturities of the lease liabilities for each of the following fiscal years is:
(in thousands)Aug 31, 2026
Remainder of 2027$1,238 
20281,610 
20291,288 
2030778 
2031 and thereafter697 
Total lease payments$5,611 
Less: imputed interest572 
Total lease obligations$5,039 
Less: Current portion of lease obligations1,404 
Long-term lease obligations$3,635 
Supplemental Cash Flow Information The expenses on the Consolidated Statement of Operations were classified as follows:
Three Months Ended
(in thousands)
Aug 31, 2026
Aug 31, 2025
Cost of sales$164 $201 
Research and development154 92 
Sales and marketing40 32 
General and administrative184 289 
Acquisition, restructuring and other items, net16 24 
$558 $638 
The following table presents supplemental cash flow and other information related to leases:
Three Months Ended
(in thousands)Aug 31, 2026Aug 31, 2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$403 $497 
ROU assets obtained in exchange for lease liabilities
Operating leases$232 $—