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COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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May 31, 2024
Commitments and Contingencies Disclosure [Abstract] |
SCHEDULE OF OPERATING LEASES | The following table presents information on our operating leases for the years ended May 31, 2024 and 2023: SCHEDULE OF OPERATING LEASES
|  | For the Year Ended May 31, |
|  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 353,000 |  |  | $ | 353,000 |
Variable lease cost |  |  | 11,000 |  |  |  | - |
Short-term lease cost |  |  | 14,000 |  |  |  | 5,000 |
Total lease cost |  | $ | 378,000 |  |  | $ | 358,000 |
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS | The future minimum lease payments of the Company’s operating lease liabilities by fiscal year are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS
Year Ending May 31, |  |  |
|  | Operating Leases |
2025 |  | $ | 365,000 |
2026 |  |  | 376,000 |
2027 |  |  | 101,000 |
Total minimum future lease payments |  |  | 842,000 |
Less: imputed interest |  |  | 57,000 |
Total operating lease liabilities |  | $ | 785,000 |
SCHEDULE OF OTHER SUPPLEMENTAL LEASE INFORMATION | The following table summarizes the Company’s other supplemental lease information for the years ended May 31, 2024 and 2023: SCHEDULE OF OTHER SUPPLEMENTAL LEASE INFORMATION
|  | For the Year Ended May 31, |
|  | 2024 |  |  | 2023 |
Cash paid for operating lease liabilities |  | $ | 356,000 |  |  | $ | 347,000 |
Weighted-average remaining lease term (years) |  |  | 2.27 |  |  |  | 3.27 |
Weighted-average discount rate |  |  | 6.50 | % |  |  | 6.50 | %

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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